ALLIANZ FIELD UNIVERSITY AVE. ALLIANZ VILLAGE SECTION / PAGE 2 ALLIANZ VILLAGE The Allianz Village is a massive urban redevelopment opportunity in the center of St. Paul. With the $250 million-dollar stadium being built, comes the development of this entire area. The Allianz redevelopment plans to begin in 2019. With the development, there will be 420,000 SF of retail and entertainment space along with 350+ residential units and 190+ hotel rooms, with more planned to come. University Ave is a great location for the 40-acre redevelopment to take place. Following close behind is the Wellington Project which is the proposed project for 175 apartments being built across the street from the claimed "Super Block" and branching across to the west side of Snelling Ave. The development of this block will be a complete change to the area, with many building's already redeveloping. Victory Park is planned to be a beautiful 2.6 acres park in from of the stadium that will be a great area for community events and outdoor gatherings. Presented By: Mark Hulsey | Managing Broker | 651.256.7404 |
[email protected] Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 |
[email protected] LOCATION AND TRANSIT SECTION / PAGE 3 LOCATION AND PUBLIC TRANSPORTATION Location is the key component to this urban redevelopment. Located 6 miles from central Minneapolis and just 6.5 miles from Minneapolis International Airport, the Allianz Village and Stadium are in a prime location of St. Paul. Sitting directly off Highway I-94, traffic ountsc for the area are extremely high at 159,000 VPD on I-94, 35,000 VPD on Snelling Ave, and 15,400 VPD on University Ave.