The NGA is about to build a 1 million square foot headquarters facility on a 100 acre campus, right in the heart of the 1500 acre Northside Regeneration mixed use development, just blocks north of downtown. What is emerging in the downtown portion of the beginnings of St Louis' geospatial intelligence cluster is what we're calling the Gigabyte Corridor.
The Gigabyte Corridor is something that references the high tech connectivity on North Tucker Boulevard and under North Tucker Boulevard, when it was reconstructed several years ago, going all the way to the north and now connecting up to Northside Regeneration to the NGA headquarters.
And coming to the South, Jim McKelvey and Jack Dorsey recently announced that Square would be locating 1400 employees from Square Incorporated in a totally renovated headquarters building, which was once the home of the St. Louis Post Dispatch. Just to the south of which is a remarkable anchor called the Globe Building 500,000 square feet above grade in art deco architecture.
Once the home of one of St. Louis' two major railroad stations. Once the home of the Globe Democrat newspaper, but over the last several years under the artful restoration and adaptive reuse vision of the ownership group of the Globe Building, it is now becoming an incredible asset to St. Louis' emergence as a geospatial intelligence hub.
Indeed, a global geospatial intelligence hub that can serve not only the NGA and the military and defense-related aspects of geospatial intelligence, but the rapidly expanding commercial dimension of the geospatial intelligence sector who want the connectivity, who want the attributes of the space of the kind of both office space, the tech support.
Recently, a national ranking called Fit Small Business did a ranking of the best cities for entrepreneurs in America. They ranked St. Louis number two. The conditions that represent attractiveness for entrepreneurs includes such things as business survivability of entrepreneurs.
Thanks to the efforts of groups, like Capital Innovators and Arch grants and other sort of ecosystem assets that we've developed here in St. Louis over the years, our small business entrepreneurs success rate is 85% which is well above the national average.
The cost of business is well below the national average. In its early stages, this geospatial intelligence cluster, or geo cluster in St. Louis is beginning to attract major institutions, major corporations, to complement the reality of the new NGA headquarters.
Firms such as Maxar and T. Carter and firms that are drivers and leaders in the private sector of geospatial intelligence are locating here in St. Louis. And in the case of the Globe Building have found an opportunity to have growth and to bring high tech workers who want to be in creative space in the downtown portion of the Gigabyte Corridor.