A Five-Fold Case for The Penfield: How A Blighted, Historic Block Become Valuable and Desirable
The Penfield was envisioned as a transformational mixed-use project that would preserve the primary façade of the existing historic Saint Paul Public Safety Building, resulting in an underutilized block and stalled development becoming a success story by generating financial profit through a strong, collaborative effort between BKV Group and the City of Saint Paul, Minnesota.
In revitalizing a blighted city block into a 406,000-square-foot, LEED Certified Silver® full-block development featuring a 30,000-square-foot grocery and 254 market-rate apartment units, the project marked the city’s first downtown, market-rate development in 20 years. Offering both modern housing options and much-needed community amenities, construction took 18 months with The Penfield opening in February 2018. The building quickly filled with residents and was immediately well-received by the surrounding community (in addition to selling for an $8.7 million profit).
What did it take to create such a successful project?
The explanation is five-fold:
- After holding numerous community-oriented discussions in the early phases of design, city council members and stakeholders understood that a new, exciting development could be a catalyst for continued growth throughout Saint Paul. Furthermore, it was envisioned that the project would incorporate a grocer to enhance the livability of downtown and increase real estate values and property tax bases.
- The City of St. Paul had to be creative and utilize multiple sources to make the project financially feasible and amenable to current taxpayers. The City of St. Paul approved a tax-increment financing (TIF) district for the building which recycled $15 million — 25 years of property taxes generated by the site — back into project development. The City also obtained HUD mortgage insurance approval, executed the lease with the grocer, and secured financial grants from DEED, Ramsey County, and the Metropolitan Council.
- Another driving force behind the development’s success was the relationship to the strong downtown employment base. Located in the heart of the State Capital government sector, The Penfield is within walking distance to all government agency buildings. The Penfield is also surrounded by three of the largest private employers in St. Paul, and positioned within one block of the Central Corridor light rail line, providing easy access to the greater metropolitan area.
- In achieving high levels of sustainability, The Penfield followed the newly adopted Saint Paul Sustainable Building Policy. To comply with the Policy, The Penfield underwent sophisticated energy modeling and is designed to consume about 60% less energy than an average building of the same type. In other words, the buildings is approximately 20% more efficient than current energy code. As a result, The Penfield produces significantly fewer greenhouse gas emissions, diverts 30% less potable water than an average building, and diverts 75% of its construction waste from landfills to provide healthy and comfortable living environments for its residents.
- Lastly, with the two-acre site being defined by the preservation of the primary façade of the historic 1930’s Public Safety Building, the building is designed to be of its place; seamlessly embedded into its urban context. The north side of the building overlooks the state capitol and state institutional buildings, with the massing and detail of the building aligning with the surrounding stately scale. The remainder of the building is designed at a neighborhood scale, promoting vibrancy, walkability, and leveraging a street presence. The architecture establishes these scales through varying “veils,” with each veil responding differently to the nearby context, changes in scale, materiality, and window layout. These veils break up the overall mass of the development and renew the dilapidated site into something desirable and valuable.
- Swimming pool
- Firepit
- Grilling stations
- Green roof patio area with sundeck
- Enclosed clubroom with full
- kitchen
- Sauna
- Fitness room
- Business center
- Clubroom
- Dog wash and dog run on the roof
- Lobby with a drop-off canopy area
- Concierge