Update on the Midway

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/

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.

Update Company would like to say a big THANK YOU to all our tenants. Even though we see many of you every day, we don't often get to say thanks for your business. Of our 92 tenants, 23 have been with us 15 years or more - Nine more have been with us between 10 and 15 years. We think that shows how great this area is to do business. Hopefully it also reflects our efforts to be good building managers. We appreciate that there are many buildings our there to choose from for your office and warehouse needs. Thanks again for choosing Update! HAPPY THANKSGIVING !!

Choosing Paint Colors How do you find inspiration for choosing office colors? Do you choose a color you like from home? Match your office partitions? Hire a decorator? Sherwin Williams has trend spotters working to find trends in lifestyle and decorating. Here are ideas for today's trends in colors: http:// www.sherwin-williams.com/do_it_yourself/paint_colors/ideas/palettes/todays_colors/

Feel like you get more phone books than you can use? The Phone book industry has put together (finally) a site where you can opt out of receiving a printed phone book: www.donttrashthephonebook.org An article I read this week in Finance and Commerce stated that 85% of all phone books are thrown away, which is against Minnesota law. All of Update's buildings have co-mingled recycling, so our tenants can dispose of phone books the "green" way. But the best way to deal with the big yellow books is to only get them if you want them.

CodeWeavers Creative Office Space This 4050 sq. ft. space has a loft area and a mix of private and open space. Creative color scheme and exposed brick make this a unique space. Many windows (that actually open) and lush landscaping make this a great place for employees to work. Update worked with CodeWeavers to incorporate their needs and designs into the suite. Our great subcontractors really helped to come up with creative solutions in lighting, railings, windows and flooring. We're really excited about how this space turned out.

Here's a look at the inside of The Foundry at Raymond. The big iron trusses are so cool and the light from all the windows is amazing. These photos are with the lights off!