St. Paul explores office-to-residential conversions to address downtown housing shortages.
St. Paul is exploring office-to-residential conversions to tackle housing shortages and rejuvenate its downtown area. Concerns have arisen over property valuations and unpaid taxes, leading to discussions about potential building demolitions. The city council is considering a new redevelopment district and has proposed a budget that includes $1 million for fee waivers and expedited applications. Mayor Carter is seeking state tax credits to aid conversion efforts, with projects like "Stella" aiming to add 359 residences.
October 27, 2024
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