T-Rex (2014)

Saint Louis, MO

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COMMUNITY IMPACT

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 square feet of space. They also invest about $1 million on renovations.

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