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Met Council selects Flaherty & Collins as tentative developer for Central Block Station redevelopment
Summary
The Metropolitan Council authorized staff to negotiate a tentative developer agreement with Flaherty & Collins and the Saint Paul HRA to advance a proposed roughly $130 million, mixed-use redevelopment at Central Block Station; approvals are contingent on milestones and financing negotiations.
The Metropolitan Council on March 12 authorized the regional administrator to negotiate a tentative developer agreement with Flaherty & Collins and the Saint Paul Housing and Redevelopment Authority to pursue redevelopment of the Central Block Station site in downtown Saint Paul.
A council member presenting the item described Flaherty & Collins’ proposal as an estimated $130,000,000 mixed-use project with roughly 300 market-rate residential units and about 10,000 square feet of ground-floor retail along Fifth…
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