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Refurb Planned for Wellston Loop Station

3 years 11 months ago

Wellston Station, a historic remnant of a buzzling streetcar network built in St. Louis by United Railways Co. in 1909 is one of the few remaining buildings from the network.

The station is identified as a symbol of identity in the Wellston Loop and a significant reminder of the old streetcar infrastructure. The Wellston area was known to be the “shopping mecca of the region in the mid-20th century and, at the end of the line where anyone would get off the streetcar network, Wellston Station captured the hearts of the townsfolk.

The St. Louis Land Re-utilization Authority had owned the building since 2006 until a buyer was found. Recently, the nonprofit Audubon Associates and Friendly Temple Church invested in the Wellston Station with a plan to preserve the building’s historic features whilst modernizing the building with a ground floor restaurant and conference rooms in the upper floor.

A vintage car retrofitted for dining is planned to be added for a different experience. Additionally a playground and green space are planned for the neighboring lot.

Check out the full story by Jacob Barker on the St. Louis Post-Dispatch.

St. Louis Post-Dispatch

Wash U Spinout PerianDX Raises $30M

3 years 11 months ago

St. Louis-based PierianDx has been able to raise $30 million in financing. Launched in 2014, PierianDx was spun out of Washington University.

PierianDx's software and services provide clinical genomic analysis for treatment of complex diseases.

New York-based health care investment firm OrbiMed, Health Catalyst Capital, Research Triangle Institute, Inova Health System, ATW Partners and SJF Ventures have invested in PierianDx.

Check out the full story by Nathan Rubbelke on STL Inno.

St. Louis Inno