The Saint Paul Condo Blog

March 18th, 2007 3:30 PM


I was talking to the association president of Great Northern Lofts today and he informed me they just acquired 23 parking spaces in their ramp.  When the developer built the ramp for Great Northern, they made a deal with the previous land owner, Goff & Howard. The deal allowed them to continue to park in the ramp for the next 99 years at a rate of $20 per month.  Associations are not-for-profit by nature, so this immediately created a problem for the association.  The developer had to cancel the lease for Goff & Howard which resulted in additional parking for Great Northern Lofts.

This makes Great Northern #1 for available guest parking.  With 53 lofts and 23 guest spaces, they end up with the highest percentage of parking per unit (43%).  Compare that against the Pointe with 290 condo and 19 guest parking, with a rate of 6% or the proposed Penfield (8%).

Most of the condos in downtown rely heavily on street parking for guests, making buildings with private, free guest parking very rare.


Posted by Bud Kleppe on March 18th, 2007 3:30 PMPost a Comment (2)

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