Friday, December 17, 2010

Midtown Commons in the News!

Finance and Commerce had a nice article about Midtown Commons on 12/17/10.
It's pretty cool that 2324 University used to house street cars, and now will be located at a light rail station.

http://finance-commerce.com/2010/12/building-blocks-%e2%80%93-midtown-commons/

Tuesday, December 14, 2010

Mid-City Area Keeps Growing


The Raymond & University neighborhood continues to grow even in this tough economy. The great location combined with future light rail makes it a perfect opportunity.

The Chittenden & Eastman building at 2402 will be converted into market rate apartments. The seven story building is currently occupied by many artists and a variety of smaller businesses.

http://finance-commerce.com/2010/10/apartment-conversion-planned-for-vintage-building-on-lrt-line/

Also the St. Paul Port Authority is developing the site at Wabash and Pelham - the former Overnight Express trucking company. The old buildings have been demolished and a purchase agreement has been put in place to develop the land.

These two projects will revive two underutilized and run-down sites. Update is excited for the new energy that is definitely flowing into the neighborhood.