Total Universe/Historic Comparison

Total Universe/Historic Comparison

The Total Universe of office space in the Saint Paul Central Business District is 15,649,042 square feet. This total is divided among Competitive, Owner-occupied and Government space. The Total Universe Historical Comparison provides a valuable long term perspective on market trends within these three categories in downtown Saint Paul. In reviewing the current data, several trends are noteworthy.

  • Owner-occupied space, as a percentage of the Total Universe, is unchanged.
  • Government space, as a percentage of the Total Universe, is unchanged.
  • Competitive space, as a percentage of the Total Universe, is unchanged.
  • The total square feet is trending downward.

The most significant changes in the Total Universe were:

The removal of Park Square Court Building (-129,321 sf)

The removal of the City Hall Annex (-85,384 sf)

The removal of the Capital Professional Office Building (-34,320 sf)

The addition of The 428 (+63,025 sf)

Conversion of office space to residential in FNBB (-175,000 sf)