Wednesday, February 09, 2011

ECONOMY - Hope of St. Louis

"Data Centers Offer Hope for St. Louis Office Market" by ROBERT SHAROFF, New York Times 2/8/2011

Excerpt

Several recent transactions are raising the possibility that this city’s downtown, a depressed office market with an overall vacancy rate of over 22 percent, may become a regional hub for computer software and data-center companies.

The deals include a decision by Unisys to locate a new software center in a century-old building a block from the riverfront and the expansion of several large data-center operations by other companies. The Unisys project in particular is seen by city officials and developers as a coup because St. Louis edged out the Minneapolis-St. Paul area and Salt Lake City to win the project.

I worked for Unisys (8/98 - 12/05) when their mainframe (computer) manufacturing plant WAS in San Diego.

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