Galtier Plaza
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Cray Plaza (formerly Galtier Plaza), located in the Lowertown neighborhood of
Saint Paul, Minnesota Saint Paul (abbreviated St. Paul) is the capital of the U.S. state of Minnesota and the county seat of Ramsey County. Situated on high bluffs overlooking a bend in the Mississippi River, Saint Paul is a regional business hub and the center ...
, United States, provides space for working, living, eating, and recreating on one square city block opened in 1986. Features include 365
apartments An apartment (American English), or flat (British English, Indian English, South African English), is a self-contained housing unit (a type of residential real estate) that occupies part of a building, generally on a single story. There are man ...
, 121 luxury condominiums, 16
townhomes In architecture and city planning, a terrace or terraced house ( UK) or townhouse ( US) is a form of medium-density housing that originated in Europe in the 16th century, whereby a row of attached dwellings share side walls. In the United State ...
, of
retail Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and ...
and restaurant space, of office space, and a 5-level underground parking garage for 829 cars.


History

At that time the Lowertown Redevelopment Corporation, a non-profit coordinator of development in St. Paul's historic
warehouse district This is a list of notable warehouse districts. A warehouse district or warehouse row is an area found in many urban setting known for being the current or former location of numerous warehouses. Logistically, warehouses are often located in indust ...
, had sought to fill Block 40 for some three years. The site on Mears Park just east of the downtown business district represented the keystone in Lowertown's revitalization, and Lowertown Redevelopment Corporation's executive director Weiming Lu had persuaded developers with the concept of a mixed-use development and one tenant, the downtown
YMCA YMCA, sometimes regionally called the Y, is a worldwide youth organization based in Geneva, Switzerland, with more than 64 million beneficiaries in 120 countries. It was founded on 6 June 1844 by George Williams (philanthropist), Georg ...
. Efforts to put together a project reusing existing properties on the block had fallen through, as had a modest proposal for housing and service retail by the Carley Capital Group of Madison, Wisconsin. The city had already secured an Urban Development Action Grant (UDAG) from the federal government for the Carley development, and called for new developers with a three-month deadline looming. Boisclair and Omni Venture, Ltd. the developers of Minneapolis' International Market Square, responded. Robert Boisclair took on the development. Miller, Hanson, Westerbeck & Bell were selected as architects for the project. They had done studies of Block 40 for the Lowertown Corporation and had a history of designing housing for Boisclair which included Lakepoint Tower and the Falls and Pinnacle at Riverplace. Galtier Plaza was named after Father Lucien Galtier, a
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priest who has historical involvement with the founding of the city of
St. Paul Paul; grc, Παῦλος, translit=Paulos; cop, ⲡⲁⲩⲗⲟⲥ; hbo, פאולוס השליח (previously called Saul of Tarsus;; ar, بولس الطرسوسي; grc, Σαῦλος Ταρσεύς, Saũlos Tarseús; tr, Tarsuslu Pavlus; ...
.


Design

The location and form of the architectural elements was the subject of negotiation between the developer, the city and Lowertown Corporation. In addition, the financial partnerships involved in the project had to be expressed architecturally so that ownership of the complex space could be divided by multiple tenants. The six-story base along the street front was needed to maintain the cornice of the surrounding six-story buildings was dictated by historic and design considerations. The decision to fill out the block to the maximum met economic goals. The housing, proposed as one corner tower cascading to the base, was instead split between two towers. The taller one, the Jackson Tower, falls just under
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limits at . The lower one, the Sibley Tower, is located back of the Mears Park facade. The atrium beginning at the building line, became instead a gabled roof extruded beyond the building facade and stepping back to its seven-story peak. The developer wanted it to be wide but it was narrowed to 90 feet. The
skyway A skyway, skybridge, skywalk, or sky walkway is an elevated type of pedway connecting two or more buildings in an urban area, or connecting elevated points within mountainous recreational zones. Urban skyways very often take the form of enclo ...
linking Galtier Plaza and the Farm Credit Bank toward downtown was proposed as a "festive" design with gabled peaks, much glass, and cream and red aluminum trim to match Galtier's. Lowertown's Weiming Lu and the city planning staff stood fast for the standard Vierendeel
truss A truss is an assembly of ''members'' such as beams, connected by ''nodes'', that creates a rigid structure. In engineering, a truss is a structure that "consists of two-force members only, where the members are organized so that the assembl ...
and bronze aluminum. Galtier Plaza opened in 1986.


Project difficulties

The project cost at least $140 million to build, not including the YMCA and other portions. Various parts of the project were funded separately. The rental apartments were funded by bonds sold through the Port Authority to private institutional investors; the YMCA was on a separate parcel; and much of the other private funding came from investors as equity and from Chemical Bank as a loan. There were issues with construction, cost overruns, inadequate financial resources, high interest rates, delays, and strategic errors made in market analysis and design. As the project was delayed, it found difficulty attracting tenants. Eventually, private investors are said to have lost about $42 to $45 million in equity and Chemical Bank is said to have lost about $90 million on their loan. The Port Authority took over the rental apartments after the default on that part of the project—for which they had loaned $32 million and which would have cost about $36 million. Excluding the YMCA, rental housing, and the energy plant, the balance of the project (retail, offices, condos, and the parking garage) was sold in 1989 to a Canadian investor in the range of $10 to $12 million. Henry Zaidan's thought to market the condos, and to reposition the retail space from the regional high end target and toward services for the neighborhood and downtown. He relocated the food court to the ground level. After filling the vacant retail and office space during the recession, Zaidan left the Galtier Plaza project in 1992, and in 1996 the holder of the mortgage obtained title through foreclosure, changed the management company and made some nominal improvements before selling Galtier in 1999 to an investor group managed by Wasmer, Schroeder & Company. The Wasmer group invested in an extensive remodeling project, including conversion of much of the vacant retail space into office space. The residential towers at Galtier were sold to Bigos Investments, owned by Ted Bigos, in 2003, and the Wasmer group sold the commercial and parking facilities in 2006 to a group based in California. The commercial portion of Galtier now contains several restaurants, a convenience store, a conference facility, and a credit union, Unity One Credit Union. Retail and office space are about 85% occupied.


Today

Over the years, the building has seen erratic success, first as a
shopping mall A shopping mall (or simply mall) is a North American term for a large indoor shopping center, usually anchored by department stores. The term "mall" originally meant a pedestrian promenade with shops along it (that is, the term was used to refe ...
, then as an entertainment center, and currently is most notably occupied by a private preparatory academy, various technology companies, an event and presentation facility (carved out of the old movie theaters), a restaurant, and a food court. In the summer of 2009 it was announced that the naming rights to Galtier Plaza had been purchased, and the building would become known as Cray Plaza, as the building's new "anchor" tenant was
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The complex won the award for the first place design award excellence from Development Design Group, First Place from National Mall Monitor Center's of Excellence, and Signs of the Times award for electric sign graphics.


See also

*
List of tallest buildings in Minnesota This list of tallest buildings in Minnesota ranks skyscrapers in the state of Minnesota by tallest height of high rise. This does not include antennas, although the tallest overall man-made structure in Minnesota is the KPXM-TV Tower in Big Lake. ...
*
List of tallest buildings in St. Paul Below is a table of the twenty tallest buildings in Saint Paul, Minnesota. Since 1987 the tallest building has been the 471-foot Wells Fargo Place. Tallest buildings Tallest under construction, approved, and proposed See also * List of ta ...


References


Further reading


Struggling Galtier Plaza On Sale Block
- Mpls-St. Paul Business Journal - 5/10/1999

- Mpls-St. Paul Business Journal - 10/4/1999

- Mpls-St. Paul Business Journal - 10/27/2000

- Pioneer Press article (references Galtier Plaza) - 6/15/06

- Los Angeles Business - 6/19/06

- Pioneer Press - 6/25/06

- Pioneer Press - 7/5/06

- Pioneer Press (article about Galtier Plaza restaurateur) - 8/30/06

- StarTribune - 5/18/2009

- Pioneer Press - 7/27/09


External links

*
Galtier Plaza: A Case Study
- A college thesis analyzing Galtier's troubles {{Twin cities shopping malls Apartment buildings in Minnesota Residential condominiums in the United States Shopping malls in Minnesota
Plaza A town square (or square, plaza, public square, city square, urban square, or ''piazza'') is an open public space, commonly found in the heart of a traditional town but not necessarily a true geometric square, used for community gatherings. ...
Residential buildings completed in 1986 1980s architecture in the United States Residential skyscrapers in Saint Paul, Minnesota