Tuesday, April 21, 2009

Bad News, Good News

The bad news: Adamson backing out of its plans to move its offices and 53 employees to 13,000 sf at Cupples Station Building 9. Developer Kevin McGowan is still working on getting financing to renovate the building, and Adamson was apparently tired of waiting.

The good news: The firm is still planning on moving its offices downtown from Clayton. Adamson is reportedly scouting out temporary space downtown that it will occupy for about six months until it can identify a permanent space. It hasn't ruled out moving to Cupples 9 down the road if McGowan can get the project started.

Adamson will have lots of great options to choose from, from historic buildings in the loft district and Laclede's Landing to newer buildings in the heart of the CBD (Personally, I've always liked this one).

Perhaps the best option (for downtown) would be for the firm to choose a building other than Cupples 9. Cupples 9 is obviously an appealing and unique space; maybe McGowan could lure another firm downtown to lease it, increasing the net gain of jobs for the city.

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