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St. Paul City Council approves $21 million tax incentive for office-to-residential conversion at Landmark Towers

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August 11, 2023

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Developer Chris Sherman of Sherman Associates said he’s little more than a week away from finalizing a deal to acquire the 26-story Landmark Towers office building off Fourth Street, the first step toward a complete office-to-residential conversion that will create 187 new units of market-rate housing downtown, filling commercial space that’s increasingly becoming vacant.

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St. Paul City Council approves $21 million tax incentive for office-to-residential conversion at Landmark Towers