US-based builder, developer, designer and real estate manager Ryan Companies has unveiled a concept for the City of Saint Paul’s 122-acre Ford site master plan.
After securing the development rights from Ford in June of 2018, Ryan Companies has been working with city staff and the community to seek their views on the approved plan.
Ryan Companies has also allocated personnel for project due diligence, including specialists in retail, multi-family and mixed use; construction, architectural, engineering, and environmental experts; and specialists in legal, accounting, and community engagement.
The company conducted extensive due diligence to verify that the site has been remediated and that it is safe for development.
The environmental remediation plan undertaken by Ford has been overseen and approved by the Minnesota Pollution Control Agency (MPCA).
The City of Saint Paul’s intends to create a connected, liveable, mixed-use neighbourhood and Ryan Companies plans to create an extension of this neighbourhood.
The concept focuses on high-quality retail, residential and commercial buildings to cater to future growth.
The plan will include more than 50 acres of public and open space, which will include world-class central water feature; multiple green spaces and traditional and creative green spaces including green rooftops and pocket parks; new grid road system; public gathering spaces/plazas; pedestrian and bicycle trails; and The Highland Little League ballfields.
The plan also features private development, including retail; healthcare; office; and a range of ‘for sale’ and rental housing options which will include single family homes; senior living; condos; rowhomes; affordable housing’ and market-rate rental housing.
The project is expected to create more than 14,000 construction jobs and 1,300 permanent jobs in retail, healthcare, office, senior living, housing, fitness and building operations.
The project is also likely to bring more than $1bn of economic development to the area.
Ryan Companies will submit the master plan and zoning amendment requests to the Saint Paul City Council for master site plan approval and simultaneously take up the Alternative Urban Areawide Review (AUAR) process.
Infrastructure work is expected to begin in 2019.
Image: Ryan Companies Ford site development. Photo: Courtesy of Ryan Companies US, Inc.