If the Saint Paul Port Authority decides to demolish the downtown Macy’s building, it will have to come up with an estimated $13.5 million. The Port is scheduled to buy the property tomorrow for $3 million. It will immediately try to re-sell the property with the building intact. If that doesn’t work, the fallback plan Read more →
MPR News Notes on the news from the Twin Cities
Tag: Macy’s
St. Paul Mayor Chris Coleman says a deal to redevelop the downtown St. Paul Macy’s building has fallen apart. In an interview Friday morning, Coleman blamed what he sees as the company’s overly ambitious time table for closing the sale. “The challenge has been Macy’s has given a very compressed window for anybody that wants Read more →
St. Paul city officials are relieved preservationists haven’t yet rushed to the rescue of the downtown Macy’s building. But internal city emails also reveal there’s a case to be made for saving the structure from the wrecking ball. “There are folks who may push to have the building designated historic,” Planning and Economic Development Director Read more →