
Saint Paul has undergone a remarkable renaissance
over the past decade. The momentum
is continuing in Saint Paul, and the city building
vision for the future is strong. Many development
projects have been identified that will spur
economic development in the city. Following is
a selected list of future projects:
415 Wabasha – Mixed-use development plans
are being considered for this prime real estate
which may include underground parking, first
floor retail, restaurants, office, condos, and an
extended-stay hotel.
Central Corridor – Saint Paul continues to lobby
for the final funding of Central Corridor Light-
Rail transit line that will connect downtown Saint
Paul, the State Capitol, the University of Minnesota,
and downtown Minneapolis. This project
would help position Saint Paul as a regional
transit hub and would increase jobs, housing,
and visitors to downtown Saint Paul.
Cleveland Circle – City Center Retail has been
granted exclusive development rights for development
of the 2.4 acre site. Proposed plans
include a retail center, 200-room hotel, office,
restaurants, and a Minnesota Wild practice facility
to be built on this premier real estate. The
site also includes the new $24 million Smith
Avenue Transit Center which was completed
in 2007, and includes a 600-car public
parking ramp.
Convention Center Hotel – The City is analyzing
the feasibility of developing a convention
headquarters hotel near RiverCentre to help
attract larger convention and visitors groups to
Saint Paul.
Diamond Products Site – The City of Saint Paul
is developing a vision for the highest and best redevelopment use of this prime 21-acre site.
Farmers Market Flats – Construction has begun
on this new $11 million facility that includes 48 condominium units atop a year-round, indoor
farmer’s market that connects to the heart of
Saint Paul’s historic Lowertown. Construction is
expected to be completed in fall of 2008.
Ford Motor Company Redevelopment – The
City of Saint Paul has appointed a Planning
Task Force to assist in creating a development
framework for a mixed-use development for
the 125-acre Ford Motor Company site located
on the east bank of the Mississippi River in the
Highland Park neighborhood. This represents
an unprecedented redevelopment opportunity
for the entire region.
Minnesota Thunder Feasibility Study – Capital
City Partnership has commissioned a feasibility
study on the design and construction of a new
soccer facility for the Minnesota Thunder. The
proposed site and design will also accommodate
future expansion for a MLS team.
The Penfield – Redevelopment of the former
Public Safety Building includes plans for The
Penfield, a 33-story, $130 million project
including over 100 luxury condominium units,
hotel, possible retail, and easy access to the
proposed Central Corridor light-rail line.
River Bluff Redevelopment Project - Ramsey
County’s Riverfront Facilities and Adult Detention
Center are part of the River Bluff multi-use
redevelopment project. Plans are currently being
evaluated for mixed-use options that would
include housing and retail.
Saint Paul Saints - The City of Saint Paul is reviewing
renovation plans and financing options
for a renovation/alteration of Midway Stadium.
Union Depot and Downtown Post Office – The
12-acre U.S. Postal Service site and Union
Depot will be redeveloped into a regional
transportation hub for commuter rail, light rail,
high-speed commuter rail to and from Chicago,
buses, and Amtrak passenger terminal.
Xcel Energy High Bridge Power Plant – Ground
was broken in spring 2006 for the new $395
million clean-burning natural gas energy facility
resulting in 55 new acres for redevelopment.
Construction is expected to be completed by
May 2008.