Skip to main content

Looking to pay off debt, Twin Cities archdiocese could sell some of its buildings

  • Author:
  • Updated:

In the midst of both bankruptcy and a bevy of sex abuse lawsuits, the Archdiocese of St. Paul and Minneapolis will consider selling some notable properties as a way to help pay off debt.

MPR reports the archdiocese CFO said the chancery office, Ambrose Hayden Center and Dayton Building in St. Paul, and one property in Northfield could be put on the market.

According to the Star Tribune, those properties are worth about $11 million in all.

As part of the bankruptcy, the church was required to tally the value of everything it had, and the money it owed. The archdiocese listed $45 million in assets and about $16 million in debt.

The possibility of selling those properties was mentioned in a hearing the archdiocese had with a creditors committee at a U.S. courthouse in Minneapolis Monday, the Pioneer Press says.

Next Up


3 dead after plane crashes into house in Hermantown

Two people in the house were uninjured.


Destructive fire at Maple Grove greenhouse and nursery

The fire burned early Sunday morning at a longtime Maple Grove greenhouse and nursery.

st. cloud state university hockey

SCSU player hospitalized after being taken off ice on stretcher

Luedtke was checked into the boards in the first period and down for a reported 10-15 minutes.

Amber alert wisconsin

Amber Alert in Wisconsin: Search for missing 15-year-old girl

Police believe 15-year-old Kryssy King may be with a 22-year-old man.

Screen Shot 2022-10-01 at 10.18.12 AM

3 St. Paul fast food restaurants robbed in space of an hour

The thieves struck between 7:15 p.m. and 8 p.m.

Screen Shot 2022-10-01 at 9.06.40 AM

What to do with the Kmart site? Minneapolis wants your ideas

The project will connect Nicollet Avenue south of Lake street and north of the Midtown Greenway, reestablishing a street grid.

Screen Shot 2022-10-01 at 7.53.55 AM

Crowd evacuated at end of homecoming football game in Brooklyn Park

Police blamed 'unruly teens' in the stands and some who were trying to enter the stadium.


State to help 44 Minnesota gas stations add E15 pumps

The yellow 88 button is coming to more gas stations in Minnesota.

Screen Shot 2022-09-30 at 4.54.42 PM

FBI, police investigating bank robbery at Edina's 50th and France

An ATM technician was robbed by four men at a U.S. Bank.

Ethan Glynn

Paralyzed Bloomington football player begins rehabilitation in Colorado

Ethan Glynn is at a world-renowned rehabilitation hospital.


Republicans want to use state budget reserve to pay off debt to schools

Minnesota has borrowed more than $2 billion from its schools to cover recent budget deficits. A group of Republicans says now that the economy is stronger the state should pay off that debt with money in reserve. But Governor Mark Dayton says raiding the reserve fund could leave the state vulnerable if the economy heads south again.