The Saint Paul Condo Blog

Rumors are bouncing off the wall right now about the demise of the project.  We’ve been waiting for this “big announcement” for about three months now and nothing.  Now the rumor mill is full of "the plug has been pulled" variants.

So, I strolled down to the sales center hoping to get the scoop.  Instead, a hand written note on the door… “Sales Center is Temporarily Closed”  Also, the place is starting to look a little run down - it almost looks abandoned.

If the rumors are true, it’s a sad day for Saint Paul real estate.  During the boom of the 2001-2006 Saint Paul was not able to add one single new-construction high rise.  Minneapolis on the other hand added more than I care to admit.

The truly sad part about this is we will likely get another ugly State office complex on the site instead of a the remarkable piece of architecture that would alter the skyline forever, aka the Penfield.

EDIT: June 27th, 2008
OK, so I hear from a trusted source that it's not completely dead, but dead to hopeful condo buyers.  It's going high-end apartments, with the ability to convert to condos when the market returns.