ST. LOUIS — Animation studio EnchantedMob is expanding into a new downtown St. Louis office that’s 10 times larger than its previous space.
The company moved three blocks east of the Ludwig Lofts and signed a three-year lease at the Laclede Gas Building at 720 Olive Street in the downtown central business district. Enchanted Mob takes up approximately 30,000 square feet, or two stories, in the building.
McCormack Baron Salazar, a national low-income housing developer, previously occupied space in the Laclede Gas Building before it also moved elsewhere downtown.
The move comes as EnchantedMob has been experiencing a growth spurt since launching the latest iteration of its popular horror video game Poppy Playtime. The studio has doubled the number of employees to 20 in recent months and plans to hire 20 more, chief operating officer Drake Vogl said.
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Many of its employees live downtown, and the company has been able to hire recent graduates from Webster University and the University of Washington, he said.
“There are a ton of creative people in St. Louis,” Vogl said. “You don’t have to be in LA or New York to create content that matters to you.”
Downtown office occupancy in the first quarter of 2022 was 80%, stable compared to the same period in 2020, according to commercial real estate firm Cushman & Wakefield.
The average office occupancy rate in the metropolitan area is 84.3%, down from 88.1%.