St. Louis Regional Chamber and Growth Association
St. Louis, Mo.
www.stlrcga.org
The St. Louis Cardinals may have won Major League Baseball's World Series in October 2006, but the Gateway to the West also made headlines in 2006 by placing seventh in jobs and seventh in capital investment from its corporate facility projects. The real estate deals netted the 16- county, bi- state region 4,790 jobs and $2.4 billion.
By 2008, an estimated $4 billion will have been spent on projects in downtown St. Louis alone. In the city and around it, major life science investments continue to dominate the news.
On Dec. 15, Biovest announced it would hire 40 workers, including scientists, who will manufacture $25 million in medical devices per year at a future plant on The Hill. And just one month earlier, the Genome sequencing Center at Washington University announced it had won a $156- million grant from the National Human Genome Research Institute to find genes involved in cancer and other diseases.