Monday, November 17, 2008

Scottrade - The PERFECT Ballpark Village Tenant

Friday's Business Journal featured an article about Scottrade's rapid growth; the company expects to hire 400 additional employees in St. Louis in the days ahead. A few months ago, Scottrade unveiled its plans to expand its headquarters in West County, adding over 200,000 sf of office space and a 1,400-car parking garage.

It's great to hear about a relatively young company (founded in 1980) doing so well here in St. Louis - it's great for the region.

Scottrade would have to be at the top of my list of firms that should be located downtown but aren't. With Stifel Nicolaus and Wells Fargo/Wachovia Securities already downtown, they would be a perfect fit. There's no reason that Scottrade's office space needs could not be met downtown. In fact, they would be an ideal tenant for Ballpark Village. For a firm that is doing everything it possibly can to get its name out to the public - saturation web advertising, sponsorship of the Scottrade Center, aggressive TV advertising, etc. - the publicity and exposure they would gain by locating in Ballpark Village would be huge.

I wonder if anyone from the city or Cordish has ever approached them.

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