From St. Louis Business Journal: Billionaire businessman Dan Gilbert moved his mortgage company’s headquarters from the suburbs of Detroit to downtown in 2010. At the time, Detroit had become the poster child of a failed American city, riddled with crime, declining population and a shrinking tax base that eventually led to the city filing for […]
From Webster-Kirkwood Times:Â The city limits of Webster Groves are about to expand by about half an acre, pending final approval of a land annexation agreement between the cities of Webster and Maplewood. The parcel of land being sought for a boundary adjustment is located at 3635 S. Big Bend Blvd. and is the future […]
From West Newsmagazine:Â A restroom facility near the south entrance to the amphitheater will be built sooner than anticipated. In August, the Chesterfield City Council authorized a contract with Aspire Construction Services LLC in an amount not to exceed $2.4 million to construct back-of-house improvements at the Chesterfield Amphitheater. The project will include a fully […]
From St. Louis Business Journal:Â Two separate homebuilders are planning new subdivisions next to each other in St. Louis County. Nearly 50 new detached houses are planned on 18.06 acres in Ellisville by development company McBride Berra Land Co., a joint venture of Chesterfield-based homebuilder McBride Homes and Oakville-based J.H. Berra Construction Co. At the […]
From Missouri Department of Economic Development:Â Central Power Systems & Services, a power generator manufacturer, announced today that it will expand in Platte City, investing more than $28.5 million and creating 245 jobs. The company’s expansion includes the addition of a hands-on training center with state-of-the-art equipment, machinery to allow for increased production capabilities, and […]
From St. Louis Business Journal:Â Compass Group Equity Partners, a Clayton-based private equity firm, has made its second solar industry investment, which is its first from a new fund. The company said it has invested in Baja Carports, a California-based provider of solar support systems, including solar carports. Terms of the partnership, announced Thursday in […]
From Construction Dive: Oakland Terrace, Illinois-based Graycor has tapped Dave Wing as the company’s new CEO, according to a Dec. 3 news release. Prior to his appointment, Wing was the president and chief operating officer of Graycor for five years. Wing started work with Graycor as a project engineer in 1991, according to the announcement. […]
From McCarthy: The renovation of a dilapidated building in Grand Rapids, Michigan, served as Ralph Powell Jr.’s initiation to the wider world of construction. Working alongside his brother-in-law, a successful local businessman who purchased the old building to redevelop into a sports bar, the enterprising 17-year-old got an early glimpse of his future vocation. “I […]
From St. Louis Business Journal:Â Housing affordability emerged as a signature issue for voters in this month’s election, but whether rental or for-sale housing will become more affordable under President-elect Donald Trump’s administration remains a big question. Deregulation, including within housing, has been touted by Trump as a key part of his platform. Trump during […]
From Offsite Builder: Most people associate Structural Insulated Panels (SIPs) with new construction, but these offsite-manufactured components also come in retrofit versions. Retrofit panels only have OSB sheathing on one side of the foam and are, in fact, non-structural. They’re often referred to as nail-base panels. How does one get the most from these panels? […]
From Offsite Builder: If you’re a builder or manufacturer looking to add staff at this point in the mid 2020s, your largest potential pool of workers is Generation Z. Born between the mid-1990s and early 2010s, Gen Z is the first generation of digital natives. They’ve grown up with smartphones, social media and a world […]
From St. Louis Post-Dispatch: A judge has granted the city’s request to buy downtown’s troubled Railway Exchange Building, a major step in St. Louis’ effort to eliminate a public safety hazard and revitalize downtown streets. St. Louis Circuit Court Judge Joseph Whyte on Friday (Nov. 22) signed the order allowing the city to acquire the […]
From Lincoln News Now: Four years after the initial announcement and multiple hold ups later, the county commissioners have nixed the U.S. Highway 61 Outer Road project for now. “MoDot’s funding was capped at $2 million, so anything additional on that project was the county,” said Jeff Niemeyer, MoDOT area engineer. “The county could not […]
From West Newsmagazine:Â While the grand staircase for Downtown Chesterfield requires additional time to design, the project can still move forward with the approval of the site development concept plan. These plans provide an overall picture of a development that is divided into sections to be developed in phases, said Alyssa Ahner, Chesterfield senior planner. […]
A 1980s pedestrian bridge is scheduled for demolition Saturday ( Dec. 7) at the BJC Barnes-Jewish campus. Street shutdowns of a section of Barnes-Jewish Plaza will happen this weekend while crews demolish the old pedestrian bridge over the road. The demolition will entail removing all the glass and then dismantling the steel into pieces, which […]
IMPACT Strategies, Inc. recently began renovation of the Federico Kia dealership in Wood River, IL at 1911 E Edwardsville Rd. The relaunch of the new Kia brand identity was the catalyst of Federico’s renovation. Kia wants their “customers to engage not only through the products but also through all the experience elements.” In the new […]
From KMOV:Â A St. Louis County judge ordered the City of Jennings to pay over $2 million in a judgment on Wednesday. The order from Judge Richard Stewart states that the city should pay Hankins Construction $2,022,154.35, plus costs of court. In 2021, residents in Jennings voted to build a new community center and city […]
From St. Louis Business Journal: St. Louis feels stuck, like it’s waiting to move forward. The exit of Greater St. Louis Inc. CEO Jason Hall to Columbus, Ohio, announced Dec. 2, marks just the latest leadership transition – or possible future shake-up – for the region. Longtime tourism chief Kitty Ratcliffe exited this year and […]
From St. Louis Business Journal:Â Central States Water Resources, an investor-owned water and wastewater utility based in Des Peres, has closed on $325 million of debt financing from Brookfield Asset Management Ltd. CSWR said Tuesday that it will put the funds toward its ongoing investment in water and wastewater infrastructure improvements. The utility owns and […]