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Favorable startup conditions are plentiful in St. Louis/283/st-louis-8-28-start-ups<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/people-business-meeting.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/283/st-louis-8-28-start-upsFavorable startup conditions are plentiful in St. LouisCrunchbase News recently ranked St. Louis as the fourth best city in the Midwest for “entrepreneurs and investors.”
Industrial market continues to keep pace with new developments/205/st-louis-industrial-7-31-17<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/industrial-cargo-shipping.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/205/st-louis-industrial-7-31-17Industrial market continues to keep pace with new developments​As we reach the halfway point in 2017, absorption has topped one million square feet. Commencement of leases by Fairfield Manufacturing, XPO Logistics, and Quiet Logistics added almost 800,000 square feet of occupied space in the second quarter.
Office market gets back on track /187/st-louis-office-market-on-track<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/transportation-mountains-train.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/187/st-louis-office-market-on-trackOffice market gets back on track ​The local economy continues to move full steam ahead. Unemployment is the lowest since the dot-com era, and office employment has been at record levels for several months.
A lot changes in five years/171/st-louis-changes-office<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/people-office-man-tablet.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/171/st-louis-changes-officeA lot changes in five years​In 2012 everyone was singing “Call Me Maybe” and dancing to “Gangnam Style.”
Low cost of living boosts millennial income/42/st-louis-low-cost-of-living-adjusts-income<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/people-woman-standing-by-a-red-door-jll.jpg" width="120" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/42/st-louis-low-cost-of-living-adjusts-incomeLow cost of living boosts millennial income​Though St. Louis only ranks 27th in the nation for median household income for millennials, our low cost of living moves the region to fifth.
Building permits make a comeback/51/st-louis-building-permits-comeback<img alt="" height="63" src="/united-states/en-us/PublishingImages/Snapshots/industrial-surveyor-with-instrument-jll.jpg" width="120" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/51/st-louis-building-permits-comebackBuilding permits make a comebackWhile not approaching the record levels of 2004 and 2005, building permits in St. Louis have increased for the past five years