Deadline nears for sale of Twin Cities archdiocese properties
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.
There are several interested buyers now for all the St. Paul properties put up for sale by the bankrupt Archdiocese of St. Paul and Minneapolis.
The Minnesota Historical Society has offered $4.5 million for the Hayden Center, a three-story, former school on Kellogg Boulevard.
But there also are potential buyers for the chancery building on Summit Avenue and some properties on Dayton Avenue, said Paul Donovan, an executive with the firm selling archdiocese properties.
"We have interested parties for both properties and we're working through necessary steps to finalize a purchase agreement," he said. "We're not disclosing names and dollars."
The prospective buyers could be identified next month. Bids are being accepted up to Dec. 21. Donovan said the hope is to present the bankruptcy court a final offer on Jan. 7. Sales are subject to court review.
Turn Up Your Support
MPR News helps you turn down the noise and build shared understanding. Turn up your support for this public resource and keep trusted journalism accessible to all.