ST. PAUL-Central Community Housing Trust plans to renovate the 100-year-old Crane Ordway warehouse Downtown to create 61 units of affordable housing. The 17-year-old Minneapolis-based nonprofit organization is planning a $9.4-million renovation of the historic, vacant warehouse at Fifth and Wall streets in the Lowertown area.

There would be 61 housing units on the top four levels, with office space and other uses on the lower two floors. The agency, which has an option to buy the 100-year-old building, plans to close the deal by year’s end. The project is expected to be completed by the end of next year.

Completed in 1904, the building is part of St. Paul’s Lowertown Historic District, which is listed on the National Register of Historic Places. It was designed by the renowned Reed & Stem architecture firm, which also designed the St. Paul Hotel here and Grand Central Station in New York City. The building has been vacant for 30 years.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.