a Better Bubble™

BizJournal 💲📰

St. Louis leaders battling to hold downtown Railway Exchange Building owner accountable for public safety concerns

1 year 3 months ago
St. Louis Building Commissioner Frank Oswald peered in through a hole in a board at the Railway Exchange Building that his department was supposed to repair Wednesday and was instantly brought back in time. “This door led into the men’s department,” he said, recalling the high school and college days he spent working at the Famous Barr that was once inside the massive historic structure in the middle of downtown St. Louis. It takes up an entire city block. And now, Oswald says it also takes…
Christine Byers and Jacob Kuerth, KSDK

Mississippi River water levels near record lows. Here's why.

1 year 3 months ago
A walkway reemerging from the depths of the Mississippi River signals the opportunity to see a great tourist destination for some, but it sets off alarm bells for water experts. Tower Rock is accessible by foot once again, after last year's low water levels revealed a rock walkway for the first time in years. That walkway has reemerged again this year, a whole month earlier than last year. The river usually sees its lowest point between November and January each year, so levels hitting critically…
Hunter Bassler

Summit Real Estate Group: Creating value through ground-up industrial development

1 year 3 months ago
In a recent transaction, Clayton-based Summit Real Estate Group (Summit), one of St. Louis’ largest real estate development firms, closed on an existing warehouse and adjacent 23.2-acre industrial land site north of Miami for $59.7 million. A multi-tenant warehouse will be built on the land site, creating a $106 million two-building project that is scheduled for completion in quarter four of 2024. Acquired on behalf of Summit’s Arrowrock US Industrial Fund IV LP, in partnership with TPG’s…
Laura Newpoff

Missouri marijuana regulators defend product testing regime in aftermath of recall

1 year 3 months ago
The Missouri Division of Cannabis Regulation is responding to questions about the effectiveness of the software it uses to track information about marijuana products, including the results of state-mandated testing. In a guidance document issued on Monday, the agency addressed questions regarding testing regulations that cannabis businesses rely on to ensure product is safe — defending its protocols by arguing that regulations can only do so much when “bad actors” intentionally falsify records…
Rebecca Rivas

University City cleans up rotten fish, produce abandoned at former seafood market

1 year 3 months ago
An overwhelming odor lingers at the Seafood City Supermarket in University City. KSDK learned Monday that the problem was coming from the former business near 81st and Olive Boulevard. It was more than gnats swarming the market Tuesday morning. Crews wearing hazmat gear picked up pounds of the pungent problem: fish, canned goods and produce that have been rotting away. A glove-wearing crew also spent the day Monday filling up huge dumpsters and tackling the massive mess. Corean Davis lives a…
Justina Coronel

Big St. Louis-based health system posts $3B annual operating loss

1 year 3 months ago
The St. Louis-based health system, one of the nation's largest, said its fiscal 2023 results show that its operations and volumes "have been impacted by and are stabilizing from the volatility and operational disruptions of the prolonged pandemic," amid broader inflationary and recessionary pressures in the U.S. economy.
Diana Barr