X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ST. PAUL, MN-As city officials prepare to demolish the 54,000-sf Wabasha Court building, some building owners are concerned that tearing the building down without plans for a new one will cut a critical link in the Downtown skyway system. The city council recently opened the way for its demolition by the end of the year.

The city plans to pay about $625,000 to demolish the 22-year-old building, which was recently bought by Minneapolis-based Frauenshuh Cos., and make a surface parking lot until a new project comes to fruition. But a number of buildings will be cut off from the city’s skyway system when the link between Wabasha Court and Marshall Field’s is severed.

Several tenants in the neighboring Hamm Building, as well as its owner, are unhappy about the prospects of being marooned – especially during frigid Minnesota winters. The Hamm building is owned by the Markham Co. of St. Paul.

Revitalizing the Wabasha Court corner at Sixth and Wabasha streets — across the street from the city’s only major retailer, Marshall Field’s, and the new Lawson Commons, which Frauenshuh also owns – has been a high priority for city development officials. They call Wabasha Court a blight on Downtown and a hindrance to other development.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.