Beacon Bluff Parcel 5

Submitted by St. Paul Port Authority

A public-private partnership between the Saint Paul Port Authority and Interstate Partners, LLC was formed to return four acres of formerly polluted land fronting Phalen Boulevard on Saint Paul’s East Side to productive use. The Port Authority demolished, remediated, and re-platted this portion of the former 3M world headquarters, including constructing new roadway access and relocating existing and installing new infrastructure, prior to building construction and occupancy in 2015. The project is part of a nearly 11 acre parcel acquired as part of the Port’s 2009 acquisition of 3M’s 46 acre campus when they consolidated operations in Maplewood and left 1.5 million square feet of vacant buildings and land behind. The site is now home to Moventas, a Finnish-owned wind turbine gearbox repair company.

Project Financing

  • EPA Revolving Loan
  • EPA Assessment Grant
  • DEED Contamination Cleanup Grant
  • DEED Redevelopment Grant (Road Construction)
  • Met Council TBRA
  • Ramsey County ERF
  • Port Authority Bonds
  • Building Construction
  • Partners Equity
  • Construction and Partnership Loans

Project Partners

  • Interstate Partners
  • US EPA Region 5
  • Met Council
  • Saint Paul City Council
  • Saint Paul Legislative Delegation
  • Ramsey County
  • Saint Paul Public Works
  • City of Saint Paul Mayor’s Office
  • Saint Paul Port Authority
  • Planning Commission
  • Saint Paul Heritage Preservation Commission
  • District 1 Community Council
  • District 2 Community Council
  • District 4 Community Council
  • District 5 Community Council
  • Loucks
  • American Engineering Testing
  • Stoel Rives
  • BWBR
  • Historic St. Paul
  • Metro State University
  • St. Paul Building Trades Council
  • Dayton’s Bluff Neighborhood Housing Services
  • St. Paul Area Assoc. Realtors
  • District Energy
  • Dayton’s Bluff Business Association
  • East Side Area Business Association
  • East Side Neighborhood Development Corp.
  • North East Neighborhoods Development Corp.
  • Comunidades Latinas Unidas en Servicio (CLUES)
  • Hmong American Partnership (HAP)