St. Paul picks local group to redevelop empty Macy's building


Oppidan Investment Co., an Excelsior-based company, will likely lead the multi-million dollar redevelopment of the enormous, vacant Macy's building in downtown St. Paul.

In a statement Friday, the city's Mayor Chris Coleman called the decision "terrific news," saying it's another sign of "the momentum downtown and throughout the city of Saint Paul.”

The much-buzzed-about hopes for the property include a rooftop practice rink for the Minnesota Wild – and according to MPR that's still in play, saying the announcement makes that "one step closer to reality."

A member of the St. Paul Port Authority, which owns the property, told the Star Tribune having the Wild involved is "a real attractive presence" when luring other businesses.

The Pioneer Press says the $60 million overhaul (a joint venture between Oppidan and the St. Paul Port Authority) will also include restaurants, a craft brewer and a pharmacy.

The Star Tribune describes the site's revamp as a "pivotal block" in the revitalization of St. Paul's downtown, while explaining some of the challenges the Port Authority has faced in trying to get something done.

The Business Journal says the deal is expected to close early next year.

The Port Authority will vote to finalize the pursuit of a partnership during its Tuesday meeting, according to reports.

Oppidan was founded in 1991, according to the company's website, and has developed more than 300 projects valued at more than $1.75 billion. Last month the company started work on a retail complex in Plymouth.

Next Up

vaccine, covid

Twin Cities police investigating COVID vaccine thefts in viral videos

Videos of both incidents were recorded and shared online.

Guthrie theater

Guthrie to reopen to the public in July, shows resume this fall

The theater has been closed to the public for more than a year.

Target - good and gather plant based

Target is launching more than 30 new plant-based grocery products

All are part of the company's hit Good & Gather brand.

Roller Garden

Roller Garden to auction off skates, signs, arcade games and more

Many items from the beloved Roller Garden will be up for auction next month.

joseph ness booking photo

Charges: Chanhassen man fired hundreds of rounds, killing his sister

Six rifles, including AR-15 and AK-47 variants, were found inside the home.

police lights

Woman robbed and assaulted at gunpoint in Waite Park, police say

The incident occurred on Sunday at around 11:30 p.m.

pixabay - marijuana cannabis

Marijuana legalization: Minnesota House to vote Thursday

The "historic" vote on the House floor is set for Thursday afternoon.

Alicia Hinze

St. Paul brunch favorite The Buttered Tin to open Minneapolis location

Alicia Hinze's breakfast spot and bakery is heading to Northeast.