T-Rex

Technology Entrepreneur Center that fosters growth of new innovative IT companies.

Investment

  • NMTC Amount: $4,900,000
  • Total Project Cost: $49,458,335

IMPACT

  • 240 FTE jobs
  • 52 construction jobs
  • 160,000 sq. ft. of real estate

Investor

Project Description

Technology Entrepreneur Center that fosters growth of new innovative IT companies. T-REx, backed by $1.7 million in New Markets Tax Credit equity from US Bank, has bought the Lammert Building, at 911 Washington Ave., and will soon move its tenants into the permanent home for which it’s conducted a months-long search. The Lammert provides T-REx-short for technology regional entrepreneur exchange-with room to grow. Founded in 2011, they now boast more than 70 startups, accelerator programs, mentoring groups and venture capital firms. The space allows the addition of up to 50 more companies and 240 jobs over the next five years. T-REx occupies three floors of the building and add 160,000 sq. ft. of space. They also invest about $1 million on renovations.

MAP

Address: 911 Washington Avenue, Saint Louis, MO 63101

Census Tract: 29510125600

Other Missouri Projects

Habitat for Humanity of St. Louis Financing for the construction of affordable, for-sale housing in a multi-year, multi-phase project for Habitat for Humanity of St. Louis. The project ultimately developed

4220 Duncan, a 180,000 sq. ft. mixed-use development in St. Louis.
Unique summer program expands impact and school-year outreach to children from low-income families in the St. Louis area.
Renovation of a center of creative arts that provides programming to engage, develop and educate people of all ability levels and backgrounds.