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Dominium Plans $95M Conversion of Brewery

ST. PAUL, MN-Half the historic Schmidt Brewery will be converted into the Schmidt Artists Lofts, affordable rental housing for artists. The kick-off for the rehab project is set for Oct. 26.

By Robert Carr | Updated on October 17, 2011

ST. PAUL, MN-Minneapolis-based apartment developer Dominium plans to hold a kick-off event Oct. 26 to celebrate the start of the $95 million renovation of part of the old Schmidt Brewery site. The project includes three owners working on renovations of different parts of the 15-acre site, developed as Cave Brewery in 1855.

Owen Metz, a senior development associate for Dominium, tells GlobeSt.com that his firm is buying eight of the 15 acres, including two large historic brewery buildings, and plans to build 250 artist live-work loft apartments at the property. The apartments would be a mix of true-loft and semi-loft properties, all affordable, he says.

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