Nonprofit Acquires Bank Note for St. Paul's Alliance Bank Center, Eyes Future Redevelopment

St. Paul Downtown Development Corp. seeks to acquire Alliance Bank Center

The Downtown Development Corporation plans to "assess opportunities to restore the property," which it says "faces significant structural and mechanical issues following years of disinvestment and neglect."

Nonprofit acquires bank note for St. Paul's Alliance Bank Center, eyes future redevelopment

The St. Paul Downtown Development Corporation takes a step to revitalize Alliance Bank Center by acquiring the bank note for the troubled property.

Nonprofit acquires bank note for Alliance Bank Center

The bank note for the Alliance Bank Center in downtown St. Paul has been acquired by a local nonprofit subsidiary of the Saint Paul Downtown Alliance, according to a press release.