A long-awaited groundbreaking for St. Paul's Penfield Development

The project will include rental housing and a new grocery store.

By buchtjd

July 16, 2012 at 2:49PM
Artist's rendering of what the Penfield condominium tower in St. Paul would have looked like. The project was canceled on June 30, 2008. June 2008 handout.
Artist's rendering of what the Penfield condominium tower in St. Paul would have looked like. The project was canceled on June 30, 2008. June 2008 handout. (Star Tribune/The Minnesota Star Tribune)

Minneapolis has been getting all the development attention these days - St. Paul is finally getting its turn. After a nearly 10-year wait, there will be a groundbreaking ceremony to welcome the Penfield to downtown St. Paul. Once slated to be a high-rise luxury condo tower, the project has had to evolve with the changing real estate market. The $62 million project will now have 253 market rate rental apartments and a 27,000 square-foot Lunds grocery store on the main level of the six-story building, which will cover a full city block. As my colleague, Rochelle Olson said in a story in early May (click here for the story), the project got a boost from a $41 million HUD loan. And click here to see a rendering and other details of the project, which was designed by the BKV Group.

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