Stay Curious. Stay Connected.
MailNewsletters♡Donate Now
Sign up
*Password must be at least 8 characters and contain one uppercase letter, one lowercase letter, one number and one symbol.
Already have an account?
By submitting, you consent that you are at least 18 years of age and to receive information about MPR's or APMG entities' programs and offerings. The personally identifying information you provide will not be sold, shared, or used for purposes other than to communicate with you about MPR, APMG entities, and its sponsors. You may opt-out at any time clicking the unsubscribe link at the bottom of any email communication. View our Privacy Policy.
Sign in to your profile
Forgot Password?
New to MPR News?
Welcome back
to news
for you
Reset Password

Enter the username on file and we'll send you a code to reset your password.

Still require assistance or not sure what your User Name is?
Welcome back
to news
for you
Email Verification

A verification code has been emailed to

Still awaiting the code?
The Associated Press
St. Paul

Pioneer Press sells downtown HQ to apartment developer

Go Deeper.

Create an account or log in to save stories.

Like this?

Thanks for liking this story! We have added it to a list of your favorite stories.

The Pioneer Press building in downtown St. Paul
The Pioneer Press building in downtown St. Paul, Minn.
Jeffrey Thompson | MPR News 2014

The St. Paul Pioneer Press has sold its downtown headquarters to a South Dakota real estate developer.

The newspaper is planning to relocate to a newer, nearby facility in St. Paul and expects to release the details of that plan in the coming week.

Terms of Friday's sale were not disclosed. The building had been listed at $4.2 million.

The Sioux Falls, South Dakota-based Stencil Group bought the building and plans to convert it into an apartment complex.

Stencil Group CEO Nate Stencil tells the Pioneer Press his company expects the eight-story, 162,000-square-foot structure to accommodate 150 to 168 market-rate apartment units.

Stencil expects to begin construction around Jan. 1 and open the building to tenants in late summer or early fall of 2016.