Eric Schmid
Economic Development ReporterEric Schmid covers Economic Development for St. Louis Public Radio. He's primarily focused on examining policies and ideas to drive population and business growth throughout the St. Louis region.
He previously covered the Metro East writing about many topics in the Illinois counties adjacent to St. Louis, but regularly returns to stories about the environment, public policy, and the census and demographics.
Eric came to the station through Report for America in 2019 and was tasked to develop STLPR’s coverage east of the Mississippi. Before joining St. Louis Public Radio, Eric held internships at Fox News Channel, NPR-affiliate WSHU Public Radio and AccuWeather. He graduated from Stony Brook University in New York with a degree in Journalism in 2018.
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The firm had acquired the property earlier in the year and had been working on the right fit for the space.
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“Every neighborhood deserves to benefit from this investment,” St. Louis Mayor Tishaura Jones said.
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The organization’s board of directors voted Thursday to approve the disbursement of $1,090,000 in operational expansion grants after a pause.
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He was the organization's first CEO after five local economic development organizations merged into a single entity.
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The nonprofit is hosting a pitch competition with a top prize of $6,000 and a holiday market with dozens of local vendors.
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There were more applicants local to St. Louis in the finalist round this year than in the past. And the majority of the awardees came from the region.
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A novel type of insurance pool, parametric insurance, is designed to rapidly fund emergency response after natural disasters such as flooding.
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The Israeli company had previously announced that it broke ground last year on a $400 million facility in south St. Louis, but the project has increased in scope to more than $500 million and will now be built at 460 East Carrie Avenue.
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The Downtown North Community Improvement District would formalize some of the actions taken by individual property owners to promote the area of downtown as an emerging geospatial and entrepreneurial hub.
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Midwest BankCentre's CEO says the new branch in Dellwood will pay dividends once it makes more connections in the community.
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The board bill seeks to infuse $232.5 million into development in north St. Louis, southeast St. Louis and downtown.
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The announcement comes alongside approval from the U.S. secretary of state for the sale of Israel to buy $18.82 billion in military equipment.