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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."
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.