A sold-out group of 91 CREW-St. Louis members and guests gathered for an in-depth look at the new administration’s outlook for economic development in the city of St. Louis.
Held on June 13 at ANEW Rooftop at Big Brothers Big Sisters, guest speaker Linda Martinez, Deputy Mayor of Development, started off with an overview of her background and progression into her current role under the Mayor of St. Louis, Lyda Krewson. Martinez was appointed to the city’s Deputy Mayor of Development just a few weeks following Krewson’s election in April to become the first woman to serve as mayor of St. Louis.
Martinez went on to explain the administration’s major development goals, including increasing revenue and population, decreasing property vacancy and eliminating barriers to development. Martinez also explained the city’s development evaluation metrics, including whether the developments move the city forward, achieve city goals, and build on corridors and neighborhoods.
“It was great to learn about the new administration’s economic development goals for St. Louis,” says Anne Zanola with Colliers International.
Martinez wrapped up the presentation with a detailed look at the numerous economic development projects currently in place within the city.
One of the projects discussed was the Cortex Innovation District, which is home to more than 250 companies, 5,000 jobs and 1.6 million square feet of development, and was named one of the country’s best innovation districts. Martinez discussed the city’s mission to develop the Cortex Innovation District locally as a regional center for technology innovation and entrepreneurism, and globally to establish St. Louis as a nationally and internationally recognized technology hub. Martinez also noted a recent accomplishment for the district when Microsoft announced it will open a new regional headquarters and technology center in Cortex, creating more than 150 local jobs.
Washington Avenue also stands out, with a new Convention Center Hotel and the TRex incubator at 911 Washington that has created 2,000 jobs.
CREW-St. Louis member Julie Havens with WellsFargo Bank noted, “It was a fantastic event, great location and perfect size. Linda Martinez was candid, energetic and open to discussing any topic, including how to implement strategic plans. Her energy level and ideas are refreshing, which makes me look forward to see what’s next.”
“The ANEW Rooftop was a wonderful venue for the event and had an amazing view of St. Louis!” says guest, Madeline Doerge, with G.J. Grewe Inc. Commercial Real Estate.