Downtown St. Paul Alliance Announces over $1 billion in downtown investment

More than $1 billion in public and private investment is flowing into downtown St. Paul, city and business leaders announced Tuesday during the St. Paul Downtown Alliance Annual Meeting at the Palace Theatre.

Leaders with the St. Paul Downtown Alliance said the combined $1.293 billion total reflects projects underway or committed across downtown, including infrastructure improvements, redevelopment efforts, housing, corporate campus investments and the proposed overhaul of the city-owned arena complex.

“We wanted to actually show the full picture of all these investments,” Downtown Alliance President Joe Spencer said during the event. “We’ve all heard about these different individual projects, and they’re all great, but it may feel from time to time like that one doesn’t quite rise to the needs that we have in this moment.”

View this post on Instagram

A post shared by Community Reporter (@communityreporter)…

Story continues

TRENDING NOW

LATEST LOCAL NEWS