Craig Leipold, Local Businesses Buy Saint Paul Hotel

Minnesota Wild owner Craig Leipold, who has lived atop the Saint Paul Hotel for 17 years, will now become majority owner of the distinctive hotel that was built in 1910.

Ecolab and Securian Financial are among the downtown St. Paul businesses and local leaders buying the hotel from Travelers Insurance. Also included in the ownership group are St. Paul real estate developers Jim Kelly, Carl Kaeding, and David Williams. The purchase price wasn’t disclosed.

The local owners announced Thursday that hotel improvements will begin before the end of this year. The upgrades include renovations of all hotel rooms, a reimagined lobby, a modern fitness center, and additional bar and dining experiences…

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