Downtown St. Paul is bordered by the Mississippi River to the south, Marion Street to the west, University Avenue to the north, and Interstate 94 to the east. With the Capitol just a few blocks, downtown St. Paul is an ideal location for government workers. Additionally, many state offices are located in the area. Industrialized areas of Minneapolis and St. Paul are within short driving distance. Easy access to I-94 connects you quickly with the rest of the Twin Cities.
Downtown St. Paul, which is also known as “Lowertown,” is home to many attractions, such as the Science Museum of Minnesota, Minnesota History Museum, and the Children's Museum. Downtown also boasts the historical Landmark Center and the Ordway. The Xcel Energy Center, home of the Minnesota Wild NHL hockey team, is located on Kellogg Boulevard. Galtier Plaza, McNally Smith College of Music, and the Minnesota World Trade Center are also located Downtown. Some of the Twin Cities' best restaurants are located here, like the St. Paul Grill, Kincaid's, and Fhima and Pazzaluna Urban Italian Restaurant. The skyway system connecting many of the major buildings downtown makes it easy and convenient to walk to your destination instead of drive. This is particularly handy during winter!
Downtown St. Paul boasts quite a few popular parks. The presence of the Mississippi River not only offers scenic views from offices and condominiums, but also provides recreational green spaces and trails. Biking and running trails along the river connect the Downtown to many other areas of Saint Paul and Minneapolis. Mears Park, Kellogg Mall Park, Rice Park and Harriet Island are all popular places for recreation. Mears Park hosts a Thursday nigh concert series every week during summer months through September. Rice Park hosts St. Paul Winter Carnival events. Harriet Island is a popular location for outdoor music and festivals. The Taste of Minnesota is also held on the Island each summer.
There isn't much for real estate in the Downtown St. Paul, but that is changing as the neighborhood rapidly becomes more residential. Its close proximity to the core of St. Paul has made Downtown residential real estate a hot commodity lately! There are plenty of multi-family dwellings to choose from, but there are very few single family homes within the neighborhood. Listings of homes for sale in Downtown Saint Paul are up slightly from last year, but the housing supply in this neighborhood has been more balanced than others. Also unlike many other Twin City communities, St. Paul’s Downtown has been having more closed home sales than this time last year.
As previously stated, real estate in downtown St. Paul has been transforming into residential properties over the last few years. Some of the new residences include condos, lofts, and studios in remodeled warehouses and historic buildings. Some newer luxury condominiums and apartments are available along the Mississippi.
There are homes available in Downtown Saint Paul in a variety of price ranges. In 2005, the median sales price of a home, condo, town home, or loft in Downtown Saint Paul was $180,613. Single family homes here start as low as $19,900 and climb to over $500,000.
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