A Next Generation Business Center
Beacon Bluff is an exciting public and private partnership that is restoring economic vitality on Saint Paul’s East Side. Located in the historic Dayton’s Bluff neighborhood, this 61-acre site includes the birthplace of industry leader 3M’s Saint Paul headquarters.
Today Beacon Bluff represents a historic venture to return this site to new productive uses for the 21st Century. Land and buildings are now available through the Saint Paul Port Authority and Cassidy Turley.
News
The Saint Paul Port Authority has the necessary permits in place to being demolition of Building 24 and the old 3M water tower. The upcoming demolition work is necessary to prepare the site for redevelopment. The two-story structure on the south side of East Sixth Street, along with old utilities and blacktop are all scheduled to go as well. The site clearing will begin sometime in August and will take until the end of the year, making the site buildable by the spring of 2012.
Ironton Asset Fund, with deep Saint Paul and 3M Co. connections, purchased 4.32 acres of land in Beacon Bluff to redevelop four former 3M buildings – including the company's former global headquarters. Ironton has a year to prepare its redevelopment plan, secure tenants, arrange acceptable financing and close on the purchase of the sale. The Saint Paul Port Authority, working closely with a community advisory panel, has marketed these buildings for reuse nationally. The Port's Board of Commissioners approved the sale during its October 26, 2010, meeting.
East Side Pride, an e-newsletter and blog-site, recently featured an update of redevelopment activity at the Beacon Bluff Business Center. The Port Authority is installing a new stormwater treatement system that will now treat runoff from 163 acres of Saint Paul's East Side that previously poured untreated into the Mississippi River.
