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BizJournal 💲📰

Delmar Loop Trolley to resume service this summer

2 years 10 months ago
The Loop Trolley will return to service this summer with a new operator. Bi-State Development, which operates Metro Transit and MetroLink, confirmed Wednesday it plans to begin Loop Trolley operations on Aug. 4. In a statement, a Bi-State spokeswoman said the trolley will not run seven days a week and they still don't know if tickets will be free. The trolley opened in November of 2018 after years of delays. On Dec. 29, 2019, it ended operations after low ridership. The Loop Trolley had sold about…
Sam Clancy of KSDK, Jacob Kirn of St. Louis Business Journal

Attorney General seeks to shutter St. Louis movers

2 years 10 months ago
Missouri Attorney General Eric Schmitt is asking a state court to shutter a St. Louis mover over claims it refused to provide agreed-upon services unless consumers paid "significantly more" than estimates. Schmitt's petition, in St. Louis County Circuit Court, identifies Ibrahim Secic as the top defendant, as well as 10 other individuals and four companies: United Relocation Movers, Eagle Eye Moving, Elite Moving and Storage and Road to Load Best Movers. The other defendants in the case are Enes…
Jacob Kirn

Where the white-hot St. Louis warehouse market is headed

2 years 10 months ago
America’s love for home delivery coupled with continuing pressure throughout the supply chain have companies scrambling for more space to store their products and fulfill orders. That’s been great news for industrial warehouse property owners and investors across St. Louis, where vacancy rates sit at a historic low of 2.7%. By the end of the year, the real estate services firm JLL predicts St. Louis will set a record with 8 million to 10 million square feet of industrial property absorption. The…
Lauren Lawley Head

National search for new St. Louis police chief to begin, former finalist to be appointed as interim

2 years 10 months ago
St. Louis Police Chief John Hayden is expected to announce Wednesday he will retire one month from now, and the search for his replacement is about to start over, according to a source familiar with the decision. Lt. Col. Michael Sack will serve as the city’s interim chief until Mayor Tishaura Jones’ administration can name a permanent replacement, according to the source. Hayden originally announced in September that he would retire in February, but that date came and went and Hayden said…
Christine Byers, KSDK

Ameren Illinois Chairman and President Richard Mark to retire

2 years 10 months ago
Richard Mark, chairman and president of Ameren Corp.'s Ameren Illinois subsidiary, plans to retire effective Aug. 1, the company said Tuesday. Ameren said it will announce his successor as soon as a final decision is reached. Mark has agreed to work with the company to facilitate an orderly transition for his successor, including extending his retirement date if needed, according to a Monday regulatory filing. Mark, 66 as of the company's annual report filed in February, has had a 20-year career…
Diana Barr

How to reimagine your workplace for a more flexible future

2 years 10 months ago
It’s time to reinvent your office for the future of work. As companies embrace hybrid as the permanent way of working, leaders have a rare opportunity to maximize the potential of existing office space to better support their teams. According to new research from Condeco, hybrid workers overwhelmingly want to continue flexible work in the long-term, and that desire has major impacts on everything from daily productivity to company loyalty to how the office is configured. Whilst giving workers…
Condeco