Learn about Saint Paul Investor Relations, including Featured News, Infrastructure Projects, and The Team.
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Welcome to the official investor relations website for the City of Saint Paul, Minnesota. The Office of Financial Services, Treasury Division manages all City financing needs, including investor communications for the City and related entities.
Saint Paul was incorporated in 1854 and is the capital city of the the state of Minnesota. The City is the second most populous in the state with more than 300,000 residents. Saint Paul is the county seat of Ramsey County, and together with Minneapolis forms the core of the Twin Cities, the 16th-largest metropolitan area in the nation, with about 3.5 million residents.
To learn more, please visit the City website here.
The City has approved a master plan that calls for rezoning most of the acreage for medium- to high-density residential development, as well as a limited number of commercial buildings.
The 122-acre parcel has been cleared of structures and is slated for redevelopment into housing, commerce and open space by the Minneapolis-based Ryan Company.
https://www.fordsitestpaul.com/
https://www.stpaul.gov/departments/planning-economic-development/planning/ford-sitehighland-bridge
https://www.ryancompanies.com/project/highland-bridge-ford-site-redevelopment
News:
St. Paul asks public to help name four Highland Bridge parks (2/22/2021)
First residential lots to hit market at former Ford plant site start at $475,000 (2/5/2021)
St. Paul home lots overlooking river go on sale at Highland Bridge (2/4/2021)
Comment period to open on Ford site review. Open house scheduled. (8/12/2019)
Ryan Co. wins over neighbors with scaled back plan for ford site (2/10/2019)
Plans for Redevelopment of St. Paul Ford Site Unveiled (10/10/2018)
Deadline given to developers for Ford site proposals (2/12/2018)
Just listed: Marketing starts for a developer of St. Paul Ford site (1/4/2018)
St. Paul’s former Ford plant site hits the market (12/19/2018)
Planning Commission backs city’s vision for old Ford campus, new neighborhood (7/28/2017)
The 110 acre property – just 25 acres smaller than the Ford site. The development plan includes multi-unit housing, restaurants, retail, trails and a community center.
News:
Sustainable: Carbon-neutral plan for Hillcrest development (August 31, 2020)
Four approaches come into focus for redeveloping St. Paul’s Hillcrest site (August 10 2020)
St. Paul seeks advisory committee members for Hillcrest site (August 13, 2019)
St. Paul Port Authority to buy former golf course on East Side (June 11, 2019)
Development of shuttered golf course could transform St. Paul neighborhood (February 25, 2018)
St. Paul Port Authority shows preliminary interest in Hillcrest Golf Course (December 3, 2018)
Hillcrest Golf Club in St. Paul will close; private development likely (July 27 2017)
Riverfront Properties is a nearly five-acre site located along the bluff overlooking the Mississippi River in downtown Saint Paul. In June 2015, Ramsey County began deconstruction of the former Adult Detention Center and West buildings located on the iconic site to prepare it for sale and private development.
A Request for Development Interest was issued on Nov. 9, 2017. On Nov. 20, 2018, the County Board directed staff to begin negotiations on an exclusive six-month agreement with AECOM to perform due diligence on a proposal to develop the Riverfront Properties site.
"The new plans from developer AECOM include four proposed buildings, as well as a cover over Shepard Road and the railroad line along the river, to directly connect downtown to the river upstream from the Wabasha Street bridge.
The first construction phase includes two residential towers, including a class A apartment tower with 250 to 250 apartments, a 150- to 250-room boutique hotel and condominium tower with 80 to 150 units to be finished in 2021. A handout put the possible cost between $200 and $280 million.
The second and third phases call for two office and commercial towers, the first about 250,000 to 400,000 square feet to be completed about 2023. That would have a potential value between $150 and $220 million. The other would be 600,000- to 1-million-square-foot tower, to be determined as the project develops and worth between $270 and $400 million. That has a projected completion in 2026."
Riversedge: https://www.ramseycounty.us/your-government/projects-initiatives/riversedge
News:
River Balcony Project: https://www.stpaul.gov/departments/parks-recreation/about-us/great-river-passage-initiative/saint-paul-river-balcony
The River Balcony is a 1.5-mile promenade that extends along downtown Saint Paul’s signature Mississippi River bluff and down to the river. The River Balcony transforms urban infrastructure into public space that connects parks, civic landmarks, and private development along Kellogg Boulevard.
Minnesota United FC, a North American Soccer League team, is constructing a 20,000 seat major league soccer (MLS) stadium at I-94 and Snelling Avenue, as part of a planned and coordinated redevelopment of the entire 34.5 acre site that also includes the Midway Shopping Center (property owned by private landowner RK Midway). The goal is to create a new urban village surrounding the stadium that includes retail, office, residential and public open space uses.
The City committed $18.4 million to new roads, sewers, green space and other infrastructure near the stadium, and the stadium will be privately financed.
News:
