St. Paul Mayor Kaohly Her's office announcing redevelopment plans for an eyesore at one of the city's busiest intersections.
The site of the former CVS pharmacy on the corner of Snelling and University Avenues in the Midway neighborhood will be home to market-rate apartments and new retail.
The project will be funded by Minnesota United owner Dr. Bill McGuire, who has already been investing in, and redeveloping the area surrounding Allianz Field where the United play their games.
“This project will build on the historical importance of the Midway area and add to the vitality, excitement, and opportunity present in this diverse and important neighborhood,” said McGuire. “The CVS location sits on the high-profile Snelling Avenue corridor and is at the center of a vibrant community, directly across from the iconic sculpture The Calling, that so magnificently represents our state.”
We will work to ensure that the new building adds to and appropriately reflects the important history of the neighborhood and the dynamic future for those who live, work, and visit the area – and that it helps promote further investment of all types in the community.”
Construction on two restaurants, an office building, and a new public garden is expected to be complete later this year, with a boutique hotel opening in the summer of 2027.
“We must build for the betterment of our community. This is a chance to bring forth more great additions and the opportunities they create for residents, businesses, and visitors alike”, McGuire said. “It is time for meaningful development and investment that enhances our city and improves the quality of life for all who are part of it. The Midway can be the flagship that shows our intent and its success.”
