St. Paul Downtown Alliance releases downtown investment strategy

The St. Paul Downtown Alliance released a report calling several strategies to increase investment and economic development opportunities in downtown St. Paul, including converting office space into residential units, investing in pedestrian-oriented streetscape improvements and advancing redevelopment projects like Central Station, the Park at RiversEdge and underlying parking ramp and an entertainment district tying the Xcel Energy Center to the core of downtown.

This comes on the heels of Mayor Melvin Carter announcing on March 11 during his State of Our City address that the City is partnering with the Housing and Redevelopment Authority to develop an office-to-residential conversion program to increase density, support downtown businesses and make the commercial office market more competitive.

The Alliance will be holding a gathering this spring to do a deep dive into the report and answer questions from community members. To learn more and to read the Downtown Investment Strategy, visit stpdowntown.org/investmentstrategy.