Plus: Shaking up the St. Louis narrative, the Cardinals announce new leadership, and more ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­    ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­  
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St. Louis Business

6.25.26

This newsletter is presented by

Feed My People Logo

A message from business editor Eric Schmid

Far too often news breaks of a company relocating from downtown and reinforces a spiral of negative sentiment. I get it. That kind of headline grabs much more attention than an organization doubling down and renewing its lease. But renewing is exactly what one local company recently did, as you’ll read below.

 

Our edition continues with a focus on the narratives we share about St. Louis with a look at an event that’s looking to shake them up. Plus, the Cardinals make some leadership moves, bars in the Grove can stay open this weekend, and Edward Jones' move to tap into consumer facing fintech.

 

Lastly, I will be off for the next two issues as I head to a family reunion. Mike Miller will keep you covered until I’m back on Tuesday.

 

Have feedback about this newsletter or story ideas for future editions? Do you know of any networking events we can share? Please don’t hesitate to drop me a line.

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Fast Forward STL

FAST FORWARD STL PODCAST

Clementine's Creamery owner Tamara Keefe on the recipe for growth

Tune in to hear how Keefe turned a childhood family tradition of making ice cream into a multi-state brand. Watch on YouTube and listen on Apple Podcasts or Spotify »

Diane Lochner, Emily Howard

Diane Lochner and Emily Howard are among the newest owners of PGAV. Photography by Kevin A. Roberts

DEEP DIVE

PGAV’s newest owners feel bullish on downtown

Multidisciplinary design firm PGAV Destinations may be the best-kept secret in St. Louis. Its architects and designers have created exhibits, aquariums, and other features for some of the world’s most-loved attractions, from Sea World Abu Dhabi to Busch Gardens in Florida and even including Monticello and the Alamo. And they’re doing it all from 200 N. Broadway, the red brick high-rise just a few blocks from the Gateway Arch.

 

St. Louis-based architects Diane Lochner and Emily Howard are two of the newest owners of the firm. They were tapped to join the ownership group last year, among four newcomers to what’s now nine owners (that number will drop down to seven after two owners retire this year).

 

Lochner says the firm’s structure may be unusual, but has helped preserve its unique culture. Perhaps taking their cue from the Cardinals, the PGAV team refers to “the PGAV way.”

 

“There are a lot of companies in our attraction industry that sell out and are bought by larger companies,” Lochner says. “And our current ownership didn't want that to happen. … We have grown up with this company. We understand this company. The other partners that are with us are the same.” She adds. “Twenty, 30, 35 years at PGAV is not unusual.”

 

St. Louis has been crucial to the firm’s rise—and, the partners say, its ongoing success. It began as Peckham, Guyton, Albers and Viets, and its national profile dates back to Fred Guyton’s handshake deal with Gussie Busch to create theme parks for Anheuser-Busch. That led to Busch Gardens, which opened up to opportunities around the nation, and then the world.

 

Asked how being in St. Louis informs their work, Lochner says, “We're pretty humble in the Midwest, and maybe we need to work on that a little bit and promote ourselves a bit more.

 

We think about others before we think about ourselves, and I think that's a Midwestern value—and that applies perfectly when we're trying to help clients all over the world. We focus on them and their success.”

 

Go Deeper: PGAV is committed not just to St. Louis in general, but to downtown specifically. Says Howard, “ The way we look at it, if I can speak for all owners, is, ‘If we're not part of the solution, then we're part of the problem.’ And so let's be that solution and let's put our stake in downtown.” The company recently renewed its lease at 200 N. Broadway, she says, for just that reason.

 

“Honestly, I think we're at a tipping point now where it's only going to come up,” Howard adds. “We're actually excited for what's happening at the Millennium Hotel. It's a great thing and we want to be part of that. We want to be downtown and we want to bring business downtown.”

 

What’s Next: Learn more about how Lochner and Howard landed their dream jobs, how training as an architect helped them solve completely different problems as attraction designers, and what goes through their heads when they visit attractions they didn’t design in the newest episode of The 314 Podcast. —Sarah Fenske

Feed My People

A MESSAGE FROM FEED MY PEOPLE

Join Feed My People's 2026 Chef's Challenge

Join Feed My People at Orlando's to taste local chef’s creations, vote for your favorite, enter the auctions, and support Feed My People's pantries! Tickets start at $50.

Get Tickets Now »

Today's Top Stories

  • St. Louis police: ‘No mandate’ for bars in the Grove to close early on Pride weekend (STLPR): It’s more clarification on the security plan that frustrated businesses owners ahead of Pride celebrations. Police chief Robert Tracy says the priority is to make an environment where people can celebrate and businesses can still make money.

  • East-West Gateway moves closer to leaving Gateway Tower for another downtown building (St. Louis Business Journal): The regional planning agency plans to remain downtown but move into the 701 Market Building instead.

  • Bar K leaves creditors unpaid after Chapter 7 bankruptcy (Kansas City Business Journal): The bankruptcy case for the defunct dog park/bar wrapped late last month. Bar K Holdings LLC and its three subsidiaries had combined liabilities exceeding $2.5 million.

     

  • Edward Jones muscles into fintech with Quicken stake (hoodline): The St. Louis-based wealth management giant now has a minority stake in the personal finance software provider, giving the former access to budgeting and investment tracking tools and signals a push to add more consumer-facing tech into its advisor network. 

St. Louis Business 500: Meet the 2026 STL500

20260521_ES_Riverfront-1

Local leaders see storytelling as a key to improving the way St. Louisans talk about the region. Photography by Eric Schmid

Watercooler

⭐ RED KEY REALTY AIMS TO SHAKE UP HOW WE TALK ABOUT THE REGION

In the words of Jill Butler, “I weirdly think St. Louisans are our own worst enemies” when it comes to the way people talk about the region. The perspective from the CEO and owner of the local independent real estate company Red Key Realty is one that others have shared publicly, but Butler sees a chance to alter the perceptions. Red Key’s second Elevating St. Louis event, which takes place this morning, focuses on how storytelling and perception can shape St. Louis’ future. It features Explore St. Louis CEO Brad Dean and Missouri Historical Society president and CEO Jody Sowell alongside Red Key Realty’s leadership. For Butler, the goal is to create a space where professionals in St. Louis can connect and learn something new about St. Louis, and feel called to action to change the outward perception of the region through larger actions, like talent recruitment, or something more day-to-day, such as volunteering. “I feel like if we can share information and work together, things can change and get better,” she says. It might just be a subtle change in how we talk about what’s here and adopt the fresh eyes of a newcomer to the region, Butler says. “When people move here, sometimes they're the biggest advocates,” she says. “St. Louisans need to up their swagger a little, you know, like, realize the many good things that are here.” Don’t worry if you didn’t get a ticket in time for today’s sold-out event. There are plans for a similar event this fall. —Eric Schmid

⚾ THE CARDINALS CHANGE UP THEIR LEADERSHIP STRUCTURE

The St. Louis Cardinals caused a stir Tuesday evening with a bit of a cryptic press conference announcement for yesterday afternoon “related to ownership and organizational leadership.” As it turns out, the hubbub was for a leadership transition that sees Bill DeWitt III ascending to be the club’s new CEO, succeeding his dad, Bill DeWitt Jr., in overseeing the team’s baseball and business operations (DeWitt Jr. will remain chairman and principal owner). Anuk Karunarante was promoted to club president, overseeing business aspects of the club. The changeup isn’t anything unexpected, as the Post-Dispatch reports DeWitt Jr. has said the team has needed a succession plan for at least a year. —E.S.

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St. Louis Business 500

SPOTLIGHT

What is one thing you would change about the St. Louis metro area business environment?

 

“Perception. Too often, St. Louis is underestimated. The reality is we have world-class talent, infrastructure, and innovation here. If we align our business, civic, and community leadership behind a stronger narrative, we can attract new investment and create a magnet for growth.”

 

—Anthony Johnson, Clayco CEO

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