ST. LOUIS (AP) - The Silicon Valley firm Square Inc. has signed a 15-year lease for the downtown building that will soon be vacated by the St. Louis Post-Dispatch, with plans to more than double its St. Louis workforce.
Square Inc. was founded by Twitter co-founder Jack Dorsey along with Jim McKelvey. Both are St. Louis natives.
Square already employs about 500 people in St. Louis’ Central West End - the payment processing firm’s second-largest office behind its San Francisco headquarters. The Post-Dispatch reports that those workers will eventually move to the downtown building, which has room for up to 1,400 workers.
Dorsey called St. Louis “an amazing home and partner.”
The Post-Dispatch is moving to a nearby building. Its longtime home at 900 North Tucker was sold to McKelvey’s StarLake Holdings in September.
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Information from: St. Louis Post-Dispatch, http://www.stltoday.com
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