Met Council, City of St. Paul Approve Central Station Developer
A 20-story apartment tower and a six-story building connected by a skyway over the METRO Green Line are proposed on a critical piece of undeveloped land in the heart of downtown St. Paul.
Following recent approvals to enter into a tentative developer agreement by the Metropolitan Council and St. Paul’s Housing and Redevelopment Authority, Indianapolis-based Flaherty & Collins will now begin the process of moving forward with its $130 million plan to build on what’s known as the Central Station Block.
The developer’s plans call for 300 market-rate housing units and 10,000 square feet of ground-floor retail space on the now vacant site adjacent to the Green Line’s Central Station. The site is also served by the METRO Gold Line and several bus routes.
Under the tentative developer agreement, Flaherty & Collins must meet several milestones for public engagement, funding and budget, designs and approvals before negotiating terms and conditions of a final development agreement. The goal is to have a purchase agreement in place by the end of 2026 with construction to commence shortly after.
The Central Station Block is two parcels owned separately by the Met Council and City of St. Paul. The properties were acquired as part of the Green Line’s construction over a decade ago.
