Looking back and looking forward

Now that our newest building at 661 LaSalle is up and running, I have a little time to reflect on the progress Update Co. has made in the St. Anthony Park/Creative Enterprise Zone area. This map shows our projects over the years. I'm proud of the positive changes our company has made to the neighborhood, helping to bring investment, workers and energy to an area that was getting a little run down.

It's satisfying to see other groups investing in the area and bringing even more people to the Raymond/University area. I'm excited for the new apartments, restaurants, breweries and other developments.

What would I like to see next? Some better signage, a few more green "pocket parks"
maybe some cool new public art. Another restaurant would be great too. A left hand turn signal from Raymond to University. How about some of that St. Paul sidewalk poetry? Planters? Replacement trees for all the ash trees we lost?

As we catch our breath after the last development and search for our next opportunity we are thankful for our awesome tenants and great business partners. Can't wait to see what 2018 brings.

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Developments continue in Raymond/University Despite COVID

More apartments are planned for 2225 University Avenue (next to the McDonald's) This is the former site of Paster Enterprises office building. We are excited to see more density for the neighborhood and more residents to support our local restaurants and retail.

Update Company's Stand on Central Corridor Light Rail

Light Rail is Coming - Midtown Commons is Ready For many years, we've heard about light rail - the possibilities and the potential disruptions - for our tenants and our company. When a big project like this comes, you can get involved or bury your head in the sand. We have chosen to get involved in the dialog and give our input into the upcoming project. Light rail will affect our five buildings at Midtown Commons 2314, 2324, 2334 University, 2300 Myrtle and 700 Raymond. The Raymond LRT Station will be built in front of our buildings. We don't know the timeline, but it will be built between 2011 and 2014. We will lose about 12 on street parking spaces in front of our buildings We will be assessed for streetscape improvements - estimated at over $ 30,000 The good news is this: We're ready for the rail and up to the challenge. We have maximized our parking lots and maintained a parking permit system that will help us manage the loss of on street spaces. We are continuing t

Platform Apartments Really Taking Shape!

The construction site is very busy at University and Hampden where the Platform Apartments are under construction. This is going to be a great addition to the neighborhood - replacing two blighted buildings - turning the corner into a beautiful place to live. A roof top patio will be a great amenity, as will the underground parking lot. We are excited for our new neighbors to move in this fall. St. Anthony Park is really growing - adding many new neighbors close to University. Hopefully this development will bring a new restaurant!

Update on the Midway

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