In Depth: Corporate Relocation

Corporate Relocation

First impressions

St. Louis Business Journal

Mark Waters has been in the corporate relocation business since 1991, and he hasn't seen a downturn yet.

As president of Relocation Realtors of St. Louis, he helps people moving here for their jobs find homes in municipalities and neighborhoods that have what they're looking for when it comes to schools, medical care, houses of worship, average income level, average education level and more.

Take it from Lauren Herring, president of global services at locally based Impact Group: "We're not just relocating a job; we're relocating a person, a family and a lifestyle." Her company helps the spouses of transferred employees find jobs and helps families adjust to their new city, among other services.

One thing is for sure: Waters and Herring aren't facing a shortage of clients. Companies large and small transfer employees to (and from) St. Louis constantly.

Why wouldn't they? The city took the No. 9 spot among large metro areas on the 2007 Best Cities for Relocating Families list, published by Worldwide ERC and Primacy Relocation. Factors considered in the ranking include cost of living, crime rate, education and climate.

According to the St. Louis Regional Chamber & Growth Association, the region's work force is more than a million strong, and 62 percent of organizations that took part in an RCGA survey plan to hire more workers over the next year. You can see how the numbers add up when you consider that a company in 2005 paid, on average, $64,235 to relocate a current employee who is a homeowner and $52,318 to relocate a new employee who is a homeowner, Worldwide ERC reported.

The Business Journal is no stranger to recent transplants to the city. In fact, we introduce you to one of them each week in our New to Town column. For this year's Corporate Relocation section, we decided to contact some executives we formerly featured in New to Town, and we asked them what they think of St. Louis now that they've been here for a little while.

Several of them said it truly is a small city with all the offerings of a bigger one. Many seemed to roll their eyes at the familiar "Where did you go to high school?" question. Their favorite restaurants run the gamut -- from Trattoria Marcella to Sqwires to Mosaic.

But almost unfailingly, they seem to love it here.

Can you blame them?


Andrea Mongler, Section editor

  • Print


Business Pulse Survey

Do you plan to buy a gun?

City Guide Spotlight - St. Louis

St. Louis

Search Press Releases

Search by Company, Organization, or Keyword

Content provided by PR Newswire. Learn more about this service.

Search for Jobs     powered by onTargetJobs

View Stlouis Jobs - 738 jobs today

Business Resources

  • Starting a Business

    The recession might officially be here, but you wouldn’t know it from talking to some owners of companies that are pushing ahead, confidence intact and expansion plans in hand.

  • Sales & Marketing

    After robust growth, cell phone companies are bracing for a rough 2009.

  • Business Strategy

    Company finds niche repairing flawed clothes made overseas.

  • Technology

    Company to do $50M.

  • HR & Hiring

    When times are tough, keep your attitude positive.

Email Alerts

Get the latest local business news delivered to your inbox. Sign up Today!

St Louis Real Estate


St. Louis Business Directory