Square Inc. has signed a 15-year lease for the St. Louis Post-Dispatch’s headquarters building downtown in a deal that will allow the Silicon Valley firm co-founded by St. Louis natives Jack Dorsey and Jim McKelvey to more than double its workforce here.
“St. Louis has been an amazing home and partner to us,” Dorsey said in a statement. “This city has so much energy, and we’re thrilled to be a part of it.”The Post-Dispatch, which will be moving to 901 North 10th Street next month, sold its longtime home at 900 North Tucker to McKelvey’s StarLake Holdings in September. A replacement tenant for the 1931 structure, which was built for the now-defunct St. Louis Globe-Democrat and became the Post-Dispatch headquarters in 1959, had not been identified, though McKelvey’s ownership prompted speculation that Square was eyeing it as a regional office. McKelvey is a member of Square’s board of directors; StarLake also owns the 10th Street building.