MINNESOTA
Minnesota Public Radio
Martin Moylan Jan 26, 2016
A major real estate developer wants to buy the Summit Avenue chancery of the bankrupt Archdiocese of St. Paul and Minneapolis.
Minneapolis-based United Properties has offered $2.75 million for the chancery, but other parties could top that offer for the nearly 4 acre site in St. Paul. Any sale will be subject to court review.
The sloping chancery property could accommodate a five-story building without blocking views of the nearby Cathedral of St. Paul, said Paul Donovan of the firm selling properties for the archdiocese.
“Any reasonable developer wants to respect the grandeur of Summit Avenue,” Donovan said. “And this would be a great opportunity to make a very tasteful development that complements the rest of Summit.”
Note: This is an Abuse Tracker excerpt. Click the title to view the full text of the original article. If the original article is no longer available, see our News Archive.