Skip to main content

Newspaper news: Pioneer Press building sold for downtown apartments

  • Author:
  • Updated:
    Original:

The Pioneer Press broke news that was close to home when the newspaper published a story that said its longtime offices have been sold to a South Dakota real estate developer. The space, which has been the paper's headquarters since 1984, will be converted into an apartment building.

The property was listed by Colliers International, which noted that the 8-story building at 345 Cedar St. contains 162,000 square feet. It was listed at $4.2 million. Terms of the sale were not released.

In May, a newspaper spokeswoman told the Business Journal that Colliers International had been hired to to oversee the process of selling or leasing the space.

Nate Stencil, CEO of the Stencil Group, which purchased the building, said it could accommodate 150 to 168 apartments.

WCCO reported that construction to renovate the space into residential units is expected to begin in January. The renovated building could begin welcoming its first tenants by the fall of 2016.

The newspaper plans to relocate elsewhere in St. Paul, with details to be announced next week. The sale of the building comes two weeks its former printing plant was sold; newspaper production was contracted to the Star Tribune last year.

The Star Tribune's longtime landmark officers were also recently vacated. The Minneapolis structure is being demolished to make way for the Downtown East development. The newspaper's staff has relocated to three floors of a downtown office building.

Next Up

David Ortiz

Twins congratulate David Ortiz on HOF induction, it ends badly

Twins fans haven't forgotten the biggest mistake in franchise history.

Snowmobile tracks Any Arthur Flickr

Who left the burnt snowmobile on a frozen Minnesota lake?

There wasn't much left beyond the frame and a few other large, metal parts.

T Kline Robbinsdale City Council

Charges: Drunk council member fled police on wrong side of Hwy. 100

The complaint alleges he caused a wrong-way crash, then drove around an officer that tried to stop him.

20211010_Vikings_Lions_REG05_0560

What does the future hold for the Vikings at linebacker?

Anthony Barr is hitting free agency, and Eric Kendricks is approaching age 30

vehicle car

String of vehicle thefts in St. Paul, most left running unattended

The department is urging people not to leave their car running unattended.

kid hospital doctor

Child COVID hospitalizations reach pandemic-high in northern MN

As omicron surges, more kids are ending up in the hospital.

ice fishing close unsplash

'It's disgusting': Anglers dumping sewage on to popular ice fishing lake

A local CO told Bring Me The News it's people in newer, RV-style wheel houses.

Alejandro Rios and Michael Steward

Reward offered for information on 2021 double fatal shooting in St. Paul

It's been a year since Alejandro Rios and Michael Stewart were found dead on the sidewalk.

Peyton Manning John Randle Twitter

What was Peyton Manning doing in Minnesota?

It's apparently for an upcoming episode of his TV show, "Peyton's Place."

Related