BizJournal 💲📰

A document filed last week with the city of St. Louis shows that the 1.4 million-square-foot tower at 909 Chestnut St., which has been vacant since sole tenant AT&T moved its employees in 2017, changed hands April 25.

The deal marks the second time in recent months that the St. Louis-based IT firm has expanded by purchasing a local competitor.

The two companies have officially launched a new joint venture aimed at using crops to produce a low-carbon renewable fuel source.

With the closing of the planned $350 million sale of the publicly held, Town and Country-based building materials distributor, it becomes a subsidiary of an Idaho-based millwork distributor.

The videos show hundreds of people taking over a community room at Ely Walker Lofts. In another video, a party spills onto Locust Street with people jumping on cars. It's not just a nuisance. Neighbors say these parties are a problem. "That video did not surprise me in any way, shape, or form," nearby store manager Justin Pilarski said of one of the videos. "I would like to start by making clear where we stand," Airbnb Director of Trust and Safety Communication Ben Briet said as he stood beside…

United Way of Greater St. Louis, one of the St. Louis region's largest nonprofit organizations, has named the leaders of its 2022 fundraising campaign.

Since its founding in 2013, St. Louis nonprofit LaunchCode has focused on helping those with non-traditional backgrounds establish technology careers. It’s recently taken its programming to a new place where it says there’s an “untapped talent source” for the region: Missouri’s prisons.

A Creve Coeur-based global packaging company has named new leadership in finance and its European operations.

Growth is on its way to Grafton after people were able to get their hands on free land in one neighborhood. Through the land reimbursement program, a buyer pays the city $5,000 for a lot in the Grafton Hills subdivision. The buyer has three years to build a home on the lot, do a final inspection and turn in an occupancy permit. At completion, the city would reimburse the homeowner the $5,000. There were 28 lots for sale in the subdivision. Only five lots were left on Sunday, which the acting…

A bar-restaurant set to open in the old Nadine's Gin Joint space in Soulard plans to duplicate the heavy metal brunches familiar at its sister location in Maplewood.

A five-property portfolio of apartment complexes in St. Louis and southern Illinois owned by a St. Louis company has sold to a New York firm.

Talent is a key component of any innovation ecosystem. 39 North is home to more than 1,000 plant scientists driving research and development at the Donald Danforth Plant Science Center. Companies such as Bayer Crop Science, Benson Hill, CoverCress and others at the BioResearch and Development Growth (BRDG) Park and the Helix Center incubator are collectively developing solutions to one of the world’s most pressing problems: feeding and fueling a growing population with less environmental impact.…

The St. Louis-based bakery-cafe chain named a new chief legal officer who will serve in that role for both the chain and its parent company.

Making the decision to bring in a fractional CFO can be a strategic growth move for both startups and early-stage companies. If your business is not in a financial place or at the level of complexity to fill a full-time CFO position, there are substantial benefits to looking into an outsourced option. Let’s look more into the role of a fractional CFO and help determine if this can be a smart tactic for your organization. What is a fractional CFO? A fractional or an outsourced CFO is a person…

A new software development center will function "almost like a little company," providing in-house software development services for faculty and providing students with professional experience.

Anecdotally, we all know that the way we work — and the way we want to continue working in the future — has fundamentally changed. Now, thanks to new research that investigates employee attitudes around hybrid working models, we have real data that supports what we’ve all been feeling on a gut level. Not only that, but these findings can help define the path forward for businesses ready to embrace the future of work. Key findings from the research show employees with the autonomy to choose…

The St. Louis Business Journal is excited to announce the second annual class of Business of Pride Awards honorees, which celebrate both LGBTQIA+ leaders and allies who are successful in their careers, active in their communities, and are advocates for inclusion and equality.

Spirit officials are worried that JetBlue's Northeast Alliance deal with American Airlines would kill any Spirit-JetBlue possible combination.

They're seemingly popping up all over the place. At intersections in downtown St. Louis. Along a stretch of North Broadway. And, if you drive on Grand Boulevard past the Fox Theatre, your car will definitely hit one of them. Potholes. "All year round, there are just too many potholes," said Valesia Young. Sure, potholes are a seasonal problem, but the St. Louis mom and scores of other drivers are sick of them. "I've had to repair a broken axle three times," Young said. Young said in the past…

The St. Louis-based company, which installs utility meters for electric, gas and water companies, just signed a lease for a second headquarters in Baltimore.