Given the high vacancy rate in downtown, that was discussed earlier, this project would appear to have some merit. Anyone have any comment?

Is the $2.2 million price tag for the city of St. Paul too expensive or reasonable?

Would I be correct in assuming that the conversion of the Lowry building to condo's would decrease (by some small margin) the overall vacancy rate?

Also, does anyone know if there is still a market for these condo's in downtown, or is the condo market (in downtown) close to saturation?

-------------------------------------------------

City OKs aid for Lowry conversion
$2.2 million 'forgivable loan' done in best interests of downtown

"St. Paul taxpayers will contribute $2.2 million toward the renovation of the downtown Lowry Professional Building under a deal that won unanimous approval Wednesday from the city's Housing and Redevelopment Authority."

http://www.twincities.com/mld/twincities/news/local/9266157.htm?ERIGHTS=-820972851013774440twincities

-------------------------------------------------


-- Tim Erickson List Manager St. Paul Issues Forum http://www.e-democracy.org/stpaul/ Hamline Midway Resident 651-643-0722 [EMAIL PROTECTED]

St. Paul Links - http://www.e-democracy.org/stpaul/links.html

"The St. Paul Issues Forum is a interactive e-mail discussion on important issues about St. Paul public policy. Participation is free and open to anyone. We currently have about 350 concerned citizens and community leaders subscribed to our discussion."
_____________________________________________
To Join: St. Paul Issues Forum Rules Discussion
Email: [EMAIL PROTECTED]


_____________________________________________
NEW ADDRESS FOR LIST:     [EMAIL PROTECTED]

To subscribe, modify subscription, or get your password - visit:
http://www.mnforum.org/mailman/listinfo/stpaul

Archive Address:
  http://www.mnforum.org/mailman/private/stpaul/

Reply via email to