Cambridge Innovation Center at CORTEX a Preview of Bigger Announcements to Come

(@4240's first tenant, CIC, will occupy nearly a full floor}

The official news that Cambridge Innovation Center (CIC), a premier business incubator will take up residence within the St. Louis CORTEX district is big news. The center plans to lease one floor of 4240 Duncan Avenue, a former home to Southwestern Bell. The unlikely renovation of the building, and plans to preserve others was first reported by nextSTL in January 2012. Wexford Science & Technology owns the building, which will be renamed the @4240 building. CORTEX will be CIC’s first location outside of Cambridge where it houses more than 450 companies.

“We were struck by the breadth and energy of the startup community in St. Louis,” Ranch Kimball, CIC Partners’ president and chief executive, said in a statement, as reported by the Post-Dispatch. “We saw that energy in the dynamic companies we met and the university campuses we visited. When we decided to expand, we felt we could play an exciting role in the innovation environment in St. Louis.”