Working to protect the Mississippi River and its watershed in the Twin Cities area
If local leaders see their hopes realized, a stretch of land on the downtown Saint Paul riverfront with tremendous potential will soon be redeveloped into new office space, hotel rooms and housing.
On January 15, Minnetonka-based developer Opus Northwest struck an agreement with Ramsey County to buy two key riverfront properties. The land includes the former County Adult Detention Center and the old West Publishing complex, currently known as Ramsey County Government Center West. The buildings are located along the riverward side of Kellogg Boulevard between the Wabasha Street Bridge and Science Museum/District Energy.
That incredible location — with sweeping riverfront vistas from the core of downtown — draws comparisons with other local riverfront landmarks, from the sites of the Guthrie Theater and Mill City Museum in Minneapolis to the Science Museum in Saint Paul. Any project there holds enormous potential as a central link between downtown and the Mississippi River valley. Redevelopment of the site has been a top priority for Saint Paul Mayor Chris Coleman.
In preparation for the sale, Opus submitted a preliminary concept for the land that included three major components, with an estimated development cost of over $200 million:
Under the terms of the January 15 agreement, Opus would pay $10 million for the land. The developer and City have acknowledged any future project at the site would likely require public financing from the City.
While this is highly marketable land, it is not without its challenges. The new Wabasha Bridge and the Adult Detention Center share structural elements that will make demolition of the Detention Center more difficult. A previous effort to redevelop the property fizzled in late 2006 as the condo market softened and as builders grappled with the notable site challenges.
FMR acknowledges those real challenges and opportunities, as we look forward to engaging a coordinated process for public review. Inevitably, many stakeholders will have thoughts on the project, and we hope to ensure that input is directed in a way that politically and practically enhances the project’s clear promise of success in transforming a key Saint Paul riverfront location.