Kraus Anderson Dev at Raymond & University (form US Bank branch)

The Most Livable City in America™
karen nelson
Nicollet Mall
Posts: 137
Joined: April 24th, 2017, 10:47 am

Kraus Anderson Dev at Raymond & University (form US Bank branch)

Postby karen nelson » October 25th, 2019, 3:14 pm

Been hearing for awhile that US Bank branch at north east corner of Raymond and University would be closing by Dec because property had been sold.

Rumor now is it is Kraus Anderson developing the site - they are buying the bank branch building and the building to east of it on University also. Apparently mixed use, housing (micro apartments) with some retail.

alexschief
Target Field
Posts: 576
Joined: November 12th, 2015, 11:35 am
Location: Philadelphia

Re: Kraus Anderson Dev at Raymond & University (form US Bank branch)

Postby alexschief » October 25th, 2019, 5:35 pm

The Raymond/University intersection has a lot of great older buildings and some good recent conversions, but has been a little slow to catch the eye of developers. The US Bank corner is one key location, the surface lots west of Workhorse are another, and the one-story taxpayer that houses Twin Cities Reptiles and Mountain of Fire Ministries is a third (unsure if it'll be brought into this development, hopefully not).

Enormous potential for this entire area.

alexschief
Target Field
Posts: 576
Joined: November 12th, 2015, 11:35 am
Location: Philadelphia

Re: Raymond Station area developments

Postby alexschief » December 3rd, 2019, 10:41 am

On Monday there was a rig drilling in the parking lot of the US Bank. Looks like the rumors of that parcel on track for redevelopment may be true. Would be huge to upgrade the one true weak corner of this intersection.

ProspectPete
Union Depot
Posts: 301
Joined: August 6th, 2013, 12:49 pm

Re: Kraus Anderson Dev at Raymond & University (form US Bank branch)

Postby ProspectPete » April 21st, 2020, 11:22 am

Does anybody know if this project is still set to go? Other than the bank being closed, I didn't see any real progress the last time I drove by.


Return to “Saint Paul”

Who is online

Users browsing this forum: No registered users and 2 guests