Star Tribune Fri, 11 Jan 2008 06:11:09 GMT
Opus, Ramsey County reach riverfront land deal
Developer would pay $10 million for prime parcel along Kellogg Boulevard in downtown St. Paul. Ramsey County and a developer have agreed on a $10 million purchase price for prime riverfront land in downtown St. Paul. County commissioners are expected to vote on the deal Tuesday. Opus Northwest, based in Minnetonka, hopes to buy the 6-acre site of the old West Publishing complex and the adjacent vacant county jail. The site stretches along Kellogg Boulevard and the Mississippi River bluffs from Market to Wabasha streets. Opus would use the entire parcel to build a hotel, condominiums and offices. The cost would be at least $200 million, and the project could be built in phases or all at once.
[[keywords: LandUse;Ramsey;]]
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