Printer Friendly
The Free Library
19,585,946 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Broadband Investment Group (BIG) Signs Agreement to Purchase State-Of-The-Art 182,492 Sq. Ft. WorldCom Building.


Business Editors

ST. LOUIS--(BUSINESS WIRE)--May 15, 2000

Corporate Headquarters To Be World's Best Broadband-focused Incubator incubator, apparatus for the maintenance of controlled conditions in which eggs can be hatched artificially. Incubator houses with double walls of mud, a fireroom, and several compartments each holding about 6,000 hens' eggs were developed in ancient times; the

Today, Broadband Investment Group Corporation(TM) (BIG), the first true networked services platform (NSP (1) (Network Service Provider) An organization that provides a high-speed Internet backbone to ISPs and other service providers. Sprint, MCI and UUNET are examples of NSPs. See Internet backbones. )(TM), officially contracted to purchase the 182,492 square foot WorldCom building, located in St. Louis County St. Louis County is the name of multiple counties in the United States:
  • St. Louis County, Missouri
  • St. Louis County, Minnesota
, announced Timothy M. Roberts, Chairman of the Board, Chief Visionary Officer A chief visionary officer (CVO) is a function within a company normally established beside the other executive functions like CEO or COO. The title is sometimes used to define a higher ranking position than that held by the CEO, and sometimes used to formalize a high-level , and Director of Broadband Investment Group Corporation.

"With the purchase of our new building, which will initially serve as BIG's global corporate headquarters, BIG has created the best broadband-focused incubator in the world," Roberts explained. "BIG is purchasing this new, state-of-the-art facility to foster a synergistic synergistic /syn·er·gis·tic/ (sin?er-jis´tik)
1. acting together.

2. enhancing the effect of another force or agent.


syn·er·gis·tic
adj.
1.
 environment for broadband-focused entrepreneurs to develop the next generation public network through broadband infrastructure, application and content companies."

Currently owned by WorldCom, BIG's new corporate headquarters will be home to BIG and it's portfolio of companies - which is currently comprised of 10 infrastructure-focused businesses. While BIG's immediate focus is on broadband infrastructure development, the company is actively recruiting entrepreneurs focused on application and content who can maximize the speed and bandwidth of BIG's infrastructure.

"WorldCom is excited by BIG's intent to purchase our facility, as it is truly a world-class building containing the latest design, internal infrastructure and hardware that a broadband-focused company like BIG can maximize for it's portfolio companies," said Brooks Warren, Vice President of Facilities for WorldCom.

Located in St. Louis County at the intersection of Interstate-64/Highway-40 and Highway-141 at One Brooks Center Drive, Town and Country, Missouri Town and Country is a city in west St. Louis County, Missouri, United States. The population was 10,894 at the 2000 census. Town and Country has the highest median household income of any city in Missouri with population over 10,000 and also has one of the highest median incomes , 63107, BIG's new corporate headquarters was designed to be a visual landmark among other office buildings in the immediate area. The exterior utilizes unique visual cues that create a high-tech visage reminiscent of America's art deco art deco (ärt dĕkō`; är dākō`, ärt) or art moderne (är môdĕrn`, ärt)  era, which was recognized with the 1998 St. Louis Honor Award as the Best New Building in St. Louis. In addition to its stunning facade, the building contains an advanced telecommunications infrastructure that includes fiber optic cable Noun 1. fiber optic cable - a cable made of optical fibers that can transmit large amounts of information at the speed of light
fibre optic cable

transmission line, cable, line - a conductor for transmitting electrical or optical signals or electric power
 for wide-area and local-area networking, superior back-up electrical capability and an open floor plan - perfect for synergistic business development.

The $37,350,000 asking price includes 23.4 acres of property, the building, networking equipment and associated infrastructure, and internal furnishings furnishings

the extra type or quantity of hair on the head, tail, ears or legs, specified for a particular breed. For example, the feathers in setters, the beard in Bearded collies, the eyebrows in Schnauzers.
 - a turnkey facility ready for BIG to occupy.

Broadband Investment Group Corporation(TM) (BIG), founded by 29-year-old Internet pioneer Tim Roberts and 31-year-old management mastermind Patrick L. Smith and headquartered in St. Louis, Missouri, is building a family of wholly controlled companies that will deliver the first customizable, scalable platform for businesses entering the eMarketplace. To efficiently provide a wide variety of solutions, BIG is building a networked services platform (NSP)(TM) through a holding-company corporate structure that actively manages a portfolio of broadband infrastructure companies. In creating its NSP(TM), BIG(TM) is building the optimal business model for delivery of customized, scaled solutions. As an NSP(TM), BIG(TM) is a


    -- Solution Assembler - Portfolio coordinator creating customized
       solutions

    -- eMerchant Bank(TM) - Portfolio funding source

    -- Business Incubator - Portfolio business services provider


Through its broadband solution assembler Software that translates assembly language into machine language. Contrast with compiler, which is used to translate a high-level language, such as COBOL or C, into assembly language first and then into machine language.  (SA), BIG will meet the enormous demand of these businesses by assembling customized, fully scalable solutions delivering the highest quality of service (QoS) through service level agreements (SLA (1) (StereoLithography Apparatus) See 3D printing.

(2) (Service Level Agreement) A contract between the provider and the user that specifies the level of service expected during its term.
). BIG's solutions can be scaled to meet demand for projects starting at $25,000 per month or as large as $30 million per month...or greater.

Please visit BIG's Web site at www.bigcorp.net for additional information.

Note to editors: Photos of BIG's new headquarters are available in high-quality downloadable electronic form at www.bigcorp.net/pressroom/news.htm
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:May 15, 2000
Words:586
Previous Article:Grassroots.com Defends Right of Free Political Speech On the Internet; Says FEC Advisory Opinion Request Filed by Voter.Com Will Cripple Public...
Next Article:Esther Dyson and John W. Alden Join Talus Solutions Board of Directors; Technology Visionary and Former UPS Vice Chairman to Contribute Guidance and...
Topics:



Related Articles
Look before you lease.
The year in review.
1999 The Year in Review.
Long Island offices beat Queens in 2000 leasing survey.
Consulting firm moves to Mad. Sq. Park.
Firms make a 50,000 s/f fashion statement.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles