Economy
CityLab Daily: Rising and Razing in St. Louis
Also: Vulnerable and unprepared for climate change, and the problem with Amazon’s cheap gas stunt.
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Square the circle: At the end of July, the mobile payment company Square announced it would be investing in a new space and a significantly larger workforce in downtown St. Louis, where company founders Jim McKelvey and Jack Dorsey grew up. As the company signed a 15-year lease in a building that used to house the city’s last daily newspaper, it made another commitment: a promise to fund the demolition of vacant houses.