Thursday, December 5, 2013

Suburban to Urban Office Relocation: The Future in St. Louis?

While many companies have remained committed to Downtown, such as Stifel Nicolaus, Wells Fargo Advisors, etc, will we begin to see more relocation from the suburbs to the CBD, like Shipworks did a few years ago? This is clearly a trend in other cities.
A friend of mine recently left a large company in St. Charles because he no longer wanted to commute from the city all the way to the exurbs.  Perhaps companies like RGA, who's currently building a new campus in Chesterfield, will begin to consider building in the urban core of the city, where young people clearly want to work.  

Companies Say Goodbye to the 'Burbs

Young Talent Wants to Live in Chicago, Not Libertyville; Dilemma for Older Workers

http://online.wsj.com/news/article_email/SB10001424052702304281004579222442197428538-lMyQjAxMTAzMDAwNTEwNDUyWj