Joint Statement from Ramsey County and Cardon Development Group regarding Riverfront Properties

Joint Statement from Ramsey County and Cardon Development Group regarding Riverfront Properties

“Ramsey County and Cardon Development Group (CDG) today announced that they have ceased negotiating a development agreement for Riverfront Properties in downtown Saint Paul. During the past five months, Don Cardon has researched market conditions for a proposed site plan that includes three towers rising above the Mississippi River bluff atop a parking structure. While CDG received significant, credible residential and commercial interest in the site from across the country, the company determined that challenges posed by the parking infrastructure prevent the development from being viable without additional public investment.

“In order to be at physical grade with Kellogg Boulevard, the proposed development would require additional parking as structural support along its entire length. This would significantly exceed the parking capacity necessary for the on-site residential and commercial uses, and the cost would be difficult to finance privately and require a larger public-private partnership.

“Ramsey County is currently working to better understand the complete market for area parking, the technical challenges in developing along the bluff, and other potential designs as it reevaluates its options for developing the property. The county remains committed to transforming this premier site into a first-class development that is a long-term landmark asset for downtown and the broader community.”

About Riverfront Properties

Riverfront Properties is a 4.77-acre site located at the southwest intersection of Wabasha Street and Kellogg Boulevard, overlooking the Mississippi River in downtown Saint Paul.

Ramsey County funded the deconstruction and remediation of the former Adult Detention Center and the Ramsey County Government Center West buildings to prepare the site for new development. For more information, visit

John Siqveland, Public Communications Director, 651-746-9250.

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