About this episode
Since it was established in 2002, the city’s Cortex innovation district has been home to more than $2 billion in construction. This week, the CEO of the district tells us whether to expect more projects in coming years. Episode Summary: The conversation explores the Cortex Innovation District's development, the importance of eminent domain, current projects, demand for lab space, community engagement, and funding strategies. Sam Fiorello discusses the challenges and opportunities within the district, emphasizing the need for continued growth and support for innovation in St. Louis. Takeaways: Cortex Innovation District has 42 buildings and 400 companies. Eminent domain is rarely used but is an important tool. 90% of commercial space in Cortex is currently filled. There is a high demand for lab space post-pandemic. Cortex aims to accommodate growing life science companies. Community engagement has shifted post-COVID. Cortex is not just about real estate; it's about innovation. Funding and grants are crucial for workforce training. The Square One program supports local entrepreneurs. Cortex is focused on building a strong community identity.