ST. LOUIS
CORT E X HIST ORY Founded in 2002 as an urban innovation district to leverage and commercialize regional university and corporate research Sponsored by: » Washington University (WU) $29M initial » Saint Louis University (SLU) investment » University of Missouri – St. Louis (UMSL) » BJC Healthcare (BJC) » Missouri Botanical Garden (MOBOT) CORTEX I A TRANSFORMATION INITIATIVE 1
CORT E X OBJE CT IVE S » Serve as the regional epicenter for innovation & entrepreneurism (currently over 110 companies in Cortex) » Create a 24-7 live-work-play-learn “always on” innovation community in the Central West End » Establish St. Louis as a nationally and internationally recognized technology hub CORTEX I A TRANSFORMATION INITIATIVE 2
SPONSORING INST IT UT IONAL ANCHORS UMSL WU Main Forest Park 1,300 Acres SLU Main WU / BJC Medical Complex SLU Medical Complex MoBOT CORTEX I A TRANSFORMATION INITIATIVE I JAN 2014 3
CORT E X DIST RICT AME NIT IE S History Museum Contemporary Art Museum Euclid Street Golf Course Sheldon Concert Hall Restaurant Corridor Pulitzer Arts Foundation Fine Arts Museum Muni Theater Powell Symphony Hall Fox Theater Golf Course Chaifetz Arena Walking & STL Zoo Ice Rink Biking Trails Science Center Manchester Avenue Restaurant Corridor Botanical Garden & Tower Grove Park CORTEX I A TRANSFORMATION INITIATIVE I JAN 2014 4
CORT E X DIST RICT AME NIT IE S Missouri Botanical Garden Grand Center Arts District Forest Park Central West End Neighborhood MetroLink Light Rail 5 5
CORT E X DIST RICT & DE VE L OPME NT CONT ROL S Forest Park SE – The Grove CORTEX I A TRANSFORMATION INITIATIVE I JAN 2014 6
MIXE D- USE MAST E R PL AN Newstead Forest Park Ave. Vandeventer Washington University & BJC Medical District Future Metro Station New Tower Grove Boyle Interchange Research / Residential Parking Retail Active Ground Floor Retail Use Office Structure
DE VE L OPME NT PROJE CT IONS 25% At Full Achieved Build-Out To-Date SF 2 3.7m 1.6m Development $2.0b $500m Cost Permanent 13,000 3,150 Jobs Annual Payroll $711m $170m CORTEX I A TRANSFORMATION INITIATIVE 8
16 L E VE RAGE D COMMUNIT Y PROJE CT S – $400m+ 1 2 3 4 5 6 7 8 Cortex 9 12 11 14 9 16 13 15 9
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OUR BUSINE SS ST RAT E GY T O GROW CORT E X Develop 5 complementary innovation centers that will: » Drive entrepreneurial density » Create collision points of innovation » Accelerate new company formation CORTEX I A TRANSFORMATION INITIATIVE 11
T ARGE T E D INNOVAT ION CE NT E RS » Center for Emerging Technologies (existing) » BioGenerator (existing) » Cambridge Innovation Center (existing) » Venture Café (existing) » TechShop (July 2016) CORTEX I A TRANSFORMATION INITIATIVE 12
Completed / Under Construction Being Planned CORTEX I A TRANSFORMATION INITIATIVE 13
COMPL E T E D Cortex 1 DuPont/Solae CET I & II West End Lofts CORTEX I A TRANSFORMATION INITIATIVE 14
COMPL E T E D BJC @ The Commons – office @4240 – lab/office CoFactor Genomics - lab FDA – CDER Division of Pharma Analysis 15 CORTEX I A TRANSFORMATION INITIATIVE
COMPL E T E D Cortex Commons Tower Newstead Grove Avenue Taylor Avenue Boyle Avenue New East-Bound New West-Bound Off-Ramp On-Ramp CORTEX I A TRANSFORMATION INITIATIVE 16
UNDE R CONST RUCT ION – COMPL E T E F AL L 2015 CORTEX I A TRANSFORMATION INITIATIVE 17
UNDE R CONST RUCT ION – COMPL E T E JUNE 2015 Shriners Hospital 18 CORTEX I A TRANSFORMATION INITIATIVE
UNDE R CONST RUCT ION – COMPL E T E JUNE 2015 CORTEX I A TRANSFORMATION INITIATIVE 19
UNDE R CONST RUCT ION – COMPL E T E JUNE 2015 CORTEX I A TRANSFORMATION INITIATIVE I JAN 2014 20
NE WE ST PROJE CT – NOW UNDE R CONST RUCT ION CORTEX I A TRANSFORMATION INITIATIVE 21
NE WE ST PROJE CT – NOW UNDE R CONST RUCT ION CORTEX I A TRANSFORMATION INITIATIVE 22
NE WE ST PROJE CT – NOW UNDE R CONST RUCT ION CORTEX I A TRANSFORMATION INITIATIVE 23
NE WE ST PROJE CT – NOW UNDE R CONST RUCT ION CORTEX I A TRANSFORMATION INITIATIVE 24
IN PL ANNING Cortex
IN PL ANNING Mid-rise residential Tech building – historic rehab Tech building – 4220 Duncan Wexford 2 – commercial & residential CORTEX I A TRANSFORMATION INITIATIVE 26
IN PL ANNING CORTEX I A TRANSFORMATION INITIATIVE 27
IN PL ANNING CORTEX I A TRANSFORMATION INITIATIVE 28
Just Re le ase d – BROOKINGS INST IT UT E ST UDY Cortex Innovation Community featured prominently as an international best practice CORTEX I A TRANSFORMATION INITIATIVE I 29
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