Impact

Downtown Economic Development

The Marquette Tech District is the next big step in making downtown Cape Girardeau a great place to live, work, and play. The project will create considerable immediate economic impact from the historic renovation of over 145,000 square feet of abandoned commercial building space and a new state-of-the-art fiber optic and wi-fi network. Beyond the infrastructure investments, the project is anticipated to result in significant economic impact from the establishment of a technology district that will bring 200-300 talented, enterprising professionals and many more guests to live, work, and play, in downtown Cape Girardeau.

Tech Startup Economy

Research indicates that most net new jobs are created by companies less than five years old, and the technology communications sector is leading global growth. Our local technology sector is emerging and needs density and infrastructure to grow. In just the last year, Codefi and its affiliates have created 12 technology-based startups that have attracted over $1.2 million in private investments and created over 30 jobs. The Marquette Tech District is a long-term effort to attract, nurture, and promote Cape Girardeau’s tech economy through a combination of technology-enabled initiatives and business incentives, private business support and member-driven programming.