(rshsdepot) Union Depot (St. Paul, MN)

[I95BERNIEW_@_aol.com]

From 
 
Link to original story in the Star Tribune: 
_http://www.startribune.com/local/stpaul/17693694.html_ (http://www.startribune.com/local/stpaul/17693694.html) 
 
Bernie Wagenblast
 
++++++++++++++++++++++++++++++++++++++++++++++++++++
 
Ramsey County gets Postal Service OK to buy part of Union Depot

County Manager David Twa said he received verbal confirmation about the  
Postal Service Board of Governors decision last week.
 
The nearly $50 million sale gives the county the depot's rear concourse and  
about 9 acres of land. The county has long envisioned the Union Depot as a  
regional transportation hub for rail, buses, bicycles and taxis. The depot  
lobby, or headhouse, is privately owned.
 
The depot is scheduled to reopen as a transit hub in 2012.
 
The purchase price of $49.6 million would drop to $45.2 million if all  
payments were made by Dec. 31, 2010, according to the purchase agreement. A  
closing date has not yet been set.
 
The Postal Service will keep the 16-story tower and building to the west of  
the Union Depot to maintain a downtown presence. Postal officials have said  
they're willing to move their downtown St. Paul headquarters -- and more than  
1,000 workers -- to an expanded facility in Eagan by the end of 2010.  
Negotiations for that site are still in progress.
 
CHRIS HAVENS



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