Tierney Bros. shifting headquarters to the former Midway Stadium site
Tierney Bros. is moving its headquarters from Minneapolis to St. Paul and will be the first company to occupy the new industrial building under development at the former Midway Stadium site.
The printing and audio visual company signed a lease last week for 52,000 square feet in a 189,000 square-foot building located at 1785 Energy Park Dr. Bloomington-based United Properties and the St. Paul Port Authority are codeveloping the site where the St. Paul Saints minor league baseball team's ballpark used to be.
The developers hope to gain LEED certification on the building, which would make it the first multitenant industrial building in Minnesota to do so.
"We've had an overwhelming amount of interest in this location. It presents a rare opportunity to lease a large amount of a modern, industrial space in the center of the metro area," Brandon Champeau, vice president at United Properties, said in a statement.
According to a deal struck between the two developers in June 2014, the Port Authority agreed to contribute the land and infrastructure costs, including the cost for tearing down Midway Stadium, while United Properties agreed to pay for the new construction and management costs once the project is complete.
Tierney is currently based at 3300 University Av. SE. in the Prospect Park neighborhood of Minneapolis. It also has an office-warehouse location a few blocks away on Malcolm Avenue SE. It will consolidate all of its employees in the metro area at this site and use the large space — with its 24-foot ceilings — for offices, a showroom and warehousing.
United Properties expects the building to be move-in ready by October.
Kristen Leigh Painter
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