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Deadline Nears for Sale of Twin Cities Archdiocese Properties

By Martin Moylan
Minnesota Public Radio
November 27, 2015

http://www.mprnews.org/story/2015/11/27/archdiocese-headquarters-sale-offers

The Monsignor Ambrose Hayden Center Regina McCombs | MPR News

There are several interested buyers now for all the St. Paul properties put up for sale by the bankrupt Archdiocese of St. Paul and Minneapolis.

The Minnesota Historical Society has offered $4.5 million for the Hayden Center, a three-story, former school on Kellogg Boulevard.

But there also are potential buyers for the chancery building on Summit Avenue and some properties on Dayton Avenue, said Paul Donovan, an executive with the firm selling archdiocese properties.

"We have interested parties for both properties and we're working through necessary steps to finalize a purchase agreement," he said. "We're not disclosing names and dollars."

The prospective buyers could be identified next month. Bids are being accepted up to Dec. 21. Donovan said the hope is to present the bankruptcy court a final offer on Jan. 7. Sales are subject to court review.

 

 

 

 

 




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