Square Feet: Data Centers Offer Hope for St. Louis Office Market

The New York Times (Feb 8 2011)

1. Several recent transactions are raising the possibility that this city’s downtown, a depressed office market with an overall vacancy rate of over 22 percent, may become a regional hub for computer software and data-center companies. Enlarge This Image William Zbaren for The New York Times Unisys has opened a software center in a century-old building near the St. Louis riverfront. Enlarge This Image William Zbaren for The New York Times Matthew Porter, chief executive of Contegix. The deals include a decision by Unisys to locate a new software center in a century-old building a block from the riverfront and the expansion of several large data-center operations by other companies. The Unisys project in particular is seen by city officials and developers as a coup because St. Louis edged out the Minneapolis-St. Paul area and Salt Lake City to win the project. (Read Full Article)

   Bookmark or Share this article

Login to comment.