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Lux Living Drops Plan for Apartments at Historic CWE Site

1 year 11 months ago
From St. Louis Business Journal:  A St. Louis apartment developer whose project was recently the subject of a federal subpoena has dropped a plan to build apartments at a Central West End site. Lux Living is no longer pursuing its plan to redevelop the site of the headquarters of the nonprofit Engineers’ Club at 4339 […]
Kacey Crawley

Transforming Workplaces for Employee Mental Health

1 year 11 months ago
From Building Design + Construction:  Renovating your workplace can have a profound impact on the mental health and well-being of your employees. In today’s fast-paced and demanding work environment, prioritizing employee mental health has become more crucial than ever. By creating a supportive and positive environment, you can foster a sense of belonging and promote […]
Kacey Crawley

To Certain Gen Z Adults, College Seems Less Likely to Pay Off

1 year 11 months ago
From Federal Reserve Bank of St. Louis:  A college education is often believed to be a pathway for upward economic mobility. It certainly can be, but the financial boost is not guaranteed. The human capital theory of education is that college is an investment: You pay a cost upfront and it pays off later. Just […]
Kacey Crawley

US Manufacturing Boom Unlocks ‘Once-in-a-Lifetime’ Opportunity

1 year 11 months ago
From Construction Dive:  The push to bring manufacturing back to the United States is unlike anything Didi Caldwell has seen in her career. Private companies have spent more than half a trillion dollars since 2021 to onshore facilities back to the U.S., according to the White House. As long as labor shortages don’t derail that […]
Kacey Crawley

Manchester Loses Its Annexation Bid

1 year 11 months ago
From West Newsmagazine:  The residents of Manchester and those in a two-square-mile area of unincorporated St. Louis County voted Nov. 7 on whether or not to allow the city to annex that portion of the county. A simple majority vote was required by both groups of residents. But while 79% of voters in Manchester were […]
Kacey Crawley

Development Startup Brings Modular Solution to Hospital Industry

1 year 11 months ago
From Building Design + Construction:  The hotel industry has long been dominated by major global corporations, making it difficult for newcomers to break into the field without significant financial resources and industry connections. However, building startup Tomu Inc. wants to change the landscape by offering an innovative and accessible solution: modular hotel units. Tomu Inc., […]
Kacey Crawley

Biden Announces $6B for Climate Resilience

1 year 11 months ago
From Construction Dive:  The White House today released its preeminent climate change report. The Fifth National Climate Assessment finds that even though annual U.S. greenhouse gas emissions dropped 12% between 2005 and 2019, climate change-fueled extreme weather events are rapidly intensifying, becoming costlier and disproportionately harming underserved, overburdened communities. In conjunction with the report, the Biden administration announced more than $6 […]
Kacey Crawley

Should we increase Social Security benefits?

1 year 11 months ago
Republicans have recently backburnered the notion of cutting Social Security benefits, so Politico reports that some Democrats are telling Joe Biden to broaden the fight: Progressives have pitched Biden officials and Democratic leaders in recent months on endorsing a plan to expand Americans’ Social Security benefits, according to several people involved in the informal discussions. ...continue reading "Should we increase Social Security benefits?"
Kevin Drum

After 120 Years Spiegelglass Continues to Evolve

1 year 11 months ago
From St. Louis Business Journal:  When officials from Spiegelglass Construction tell new clients the year the Maryland Heights-based construction firm was founded, they know the reaction will usually be an interesting one. It’s understandable — since it can be unusual to hear that a company has been operating continuously since 1904. “You can see it […]
Kacey Crawley

Yeah, AI is going to be (very, very) big business

1 year 11 months ago
In the LA Times, Brian Merchant writes that OpenAI itself isn't the only thing that self-destructed this weekend: All the while, something else went up in flames: the fiction that anything other than the profit motive is going to govern how AI gets developed and deployed. Concerns about “AI safety” are going to be steamrolled ...continue reading "Yeah, AI is going to be (very, very) big business"
Kevin Drum