Union Depot Selects Prop. Manager, Bike-Center Operator
The Ramsey County Regional Rail Authority (RCRRA) has selected Jones Lang LaSalle (JLL) to provide property management and leasing services for St. Paul's historic Union Depot-which is being transformed into a state-of-the-art transit hub.
The selection is pending negotiations with Chicago-based JLL-which employs more than 200 commercial real estate professionals in the Twin Cities area and has an office in downtown Minneapolis. It has managed and operated several other large transit stations, including Union Station in Washington, D.C., Chicago Union Station, and New York City's Grand Central Terminal.
Locally, JLL is the property manager for Rosedale Center and Calhoun Square, and it's the leasing agent for a 2.8 million-square-foot portfolio of office properties.
“Jones Lang LaSalle understands the importance of establishing Union Depot as a great public place in Lowertown and in downtown St. Paul, which should serve as a catalyst to spur nearby commercial and residential development,” RCRRA Commissioner and Chair Jim McDonough said in a statement.
If negotiations are successful, JLL will take over the day-to-day property management of Union Depot, including general facility management, building operations and maintenance, cleaning, and security. Additionally, the firm will implement a retail development plan for the transit hub and turn it into “a vibrant, active place for shopping and arts or cultural events.”
To that end, One on One Bicycle Studio, Inc., has been selected to design and operate a bicycle center on the ground level of Union Depot-a selection that's also pending negotiations with the RCRRA. The center will have entrances and storefront windows facing Sibley Street, and it will feature secure bicycle storage, showers and lockers for commuters, and bicycle repair and retail services. One on One also plans to operate a cafÅ½ and art gallery that would offer various grab-and-go foods for consumers.
In 2003, One on One became the first combined bicycle and coffee shop in Minneapolis. It is located just a few blocks from the Hiawatha light-rail line downtown.
When construction on Union Depot is completed at the end of 2012, the 290,000-square-foot facility, which sits on a 33-acre site, will bring together riders of Amtrak trains, the Central Corridor light-rail line, Metro Transit bus routes, and Jefferson Lines bus service-plus bicyclists and pedestrians. Future regional transit ways and a planned high-speed rail service to Chicago also would stop there.
The Union Depot is located in downtown St. Paul's historic Lowertown area, a vibrant neighborhood along the Mississippi River. It was built between 1918 and 1923 on the site of an earlier train station, which was destroyed by a fire in 1915. Prior to the renovation, the southern part of the property was occupied and used by the U.S. Postal Service. The northern section contains condos and restaurants, which will remain following the renovation.