Ryan, St. Paul reach agreement on Ford redevelopment


The city of St. Paul and Ryan Cos. US Inc. have reached an agreement on a $1.4 billion redevelopment of the 122-acre former Ford Motor site in the Highland Park neighborhood.

That agreement includes a subsidies package that starts at $60 million for infrastructure and could include as much as $142 million more for affordable housing both at the Ford site and across the city (city officials have not specified how exactly the affordable housing dollars would be allocated).

Though city leaders…

Previous Local retail properties trade hands amid Houston company's shift in portfolio
Next HQ2 One Year In: Crystal City's office market showing signs of the Amazon effect

No Comment

Leave a reply

Your email address will not be published. Required fields are marked *