ST. LOUIS, MO. (KTVI) – With the passage of proposition p and the legal hurdles cleared for the Northside Regeneration Project, optimism is building in the building trades.
But all that prosperity comes with a catch.
The great recession demolished the building business from 2008 to 2009. St. Louis construction jobs fell by 30 percent during that period and in the following year another by ten percent and then they went flat.
But now things are looking up because things are going up.
Phase one of Ballpark Village is suppose to creating 750 new construction jobs, with phase two of Cortex, an additional 1,000 jobs.
An in the last two weeks, several more big projects has been added to the construction list. The northside project could create 40,000 jobs spread over 15 years, while BJC is looking to add new buildings and replace Jewish hospital.
But as good as this seems to the building trades, there might be a down side. The great recession caused many skilled workers to leave the St. Louis market, looking for work elsewhere.
The construction trade school dropped from having 400 students, to just 100. Raising questions about whether St. Louis will have the skilled labor to fill all those new jobs.