What Goes Up . . .

Posted by Kris Lindahl on Saturday, December 6th, 2014 at 10:31am.

I remember years ago how Las Vegas went through this entire transformation of its Strip skyline. Some of the oldest and most historic hotel-casinos were imploded to make way for the likes of the Bellagio -- which was erected on land that used to hold The Dunes. A spectacular implosion of the Sands made way for the Venetian and Wynn Las Vegas sits on land that used to hold the world-famous Desert Inn.

While it won’t be happening to make way for glittery resorts and casinos, implosion fever is coming to Saint Paul. And, who knows? They may just use a wrecking ball instead of explosive materials.

Whatever they decide to use to accomplish it, a bunch of buildings overlooking the Mississippi River are coming down next summer, according to TwinCities.com.

Apparently, the properties have been on the market for almost 10 years but there have been no takers. It’s expensive to raze all those buildings, so it just didn’t make sound investment sense to purchase them.

To make them more attractive to developers, and to start getting some tax revenue for the sites (no taxes have been collected since 1992), Ramsey County officials decided that they’d take them down themselves.

The locations to be demolished sit on two blocks of Kellogg. Barring some developer wanting to build an office tower or two on the site, the chances are good that we may have some new condos on the market in a couple of years. The views of the Mississippi there are unbelievable.

So far, nobody is standing by waiting, but there was interest in the sites prior to the economic downturn so the County folks expect that once the buildings are gone, developers will start submitting bids.

This will be interesting to watch.

 

 

 

"Stardust demolition in Las Vegas" by Andrew Ferguson - Licensed under GNU Free Documentation License via Wikimedia Commons

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