The Saint Paul Condo Blog

Sounds like I can’t put a sentence together!  I am of course speaking of the Bridges of Saint Paul mega development.  On Wednesday, the City Council gave the project its final blow, denying the developers request to rezone the property by a 5 to 2 margin.

Knowing the history behind the project, I thought it was just another setback for JLT.  Well the proof was in the pudding as they say.  This morning, 23 listings canceled in the MLS, all relating to the Bridges project.  I’d say that’s a good indication they have thrown in the towel.

This leaves the Penfield left on the ultra luxury high-rise horizon.  The Penfield has always had the advantage over the Bridges project in that it was fully city approved and embraced by the community.  The Penfield is however quite delayed.  Originally, they had planned to break ground in March 2007, and August 2007 at the latest.  Well, here we are, beginning of September and nothing has been done.  It’s my understanding they have asked the city of Saint Paul (who owns the land) another year to sell to their pre-sale level.

I’ve heard rumblings of some major changes coming for the Penfield, but I have not been able to confirm them.  As soon as I can, I will post them!