Skip to main content

Too expensive to tear down former Macy's in St Paul

  • Author:
  • Updated:
    Original:

The headline in the Business Journal couldn't have been more frank: "Demolition costs mean St. Paul is stuck with its Macy's building."

The story said that the St. Paul Port Authority, which owns the six-story former store on Wabasha Street, estimated that it would cost $13 million to demolish the downtown building and turn it into a shovel-ready site. The authority bought the building in January for $3 million. The building opened as a Dayton's department store in 1963 and later became a Marshall Fields store.

"There isn't any interest in demo and rebuild on that site in the marketplace," Port Authority President Louis Jambois told the Journal. "No one wants to take it on because of the demolition costs [so] we're looking at a retrofit and we're looking at multiple parties and multiple uses and maybe multiple development entities."

Port Authority spokesman Tom Collins told the Pioneer Press that no developer was willing to pay to tear down the 1960's structure "just to put a hole in the ground. ... We received absolutely no interest whatsoever in demolishing it."

Collins added that several groups have expressed interest in buying and retrofitting the building. The authority hopes to have a deal in place by the end of the year. Possible new uses would include a mix of retail, housing, and entertainment, including restaurants.

Next Up

image

Probe of Golden Valley police uncovers racism, alleged misconduct

One officer was terminated for alleged racist comments and violations of state law.

blowing snow

Blowing snow Friday in Minnesota; will it snow next week?

Winds could gust up to 50 mph Friday afternoon and night.

Deer hunting blaze orange

To combat CWD, late-season deer hunting announced for 9 areas of MN

The special hunts will be held between Dec. 16 and 18.

covid

COVID levels rising in wastewater; BQ.1 now dominant

BQ.1 is the new dominant subvariant in Twin Cities wastewater.

Screen Shot 2022-12-02 at 11.43.05 AM

Keith Ellison, other AGs settle with CarMax over recall disclosures

As part of the settlement, CarMax now must disclosure open recalls online and on the lot.

police lights squad car

Man kidnaps 2-year-old daughter in St. Paul, crashes after pursuit in Minneapolis

The incident involved both police departments in Minneapolis and St. Paul.

police lights

Boys aged 15, 16 arrested after shooting of teen in Woodbury

The victim suffered non-life-threatening gunshot wounds.

MoorheadMurderSuspect

Police: Woman found dead with 'traumatic injuries' inside Moorhead home

Police are investigating the incident as a homicide.

Screen Shot 2022-12-02 at 7.59.36 AM

St. Paul's East Side Bar closes after two-and-a-half years in business

The bar opened just as the COVID-19 pandemic closed bars and restaurants.

Police tape

Police: Man and woman found dead inside Rochester home

An investigation is ongoing as of Friday morning.

Related