Mayor Chris Coleman today commended Governor Mark Dayton and Minnesota legislators for their support of key economic development projects in the bonding bill, including an expansion of the Minnesota Children’s Museum, improvements at Como Regional Park, the Palace Theatre and other local assets with regional and statewide significance.
“I am thankful for the support of the Governor and legislators from across Minnesota for supporting these incredible regional and statewide assets,” Saint Paul Mayor Chris Coleman said. “These job-creating projects contribute substantially to the economic vitality in our capital city, enabling us to create the kind of vibrant community where companies want to grow, people want to live and families from across the state and region can visit and explore.”
Projects in the City of Saint Paul received $81.7 million in bonding money in the final bill, supporting a total of nine projects.
“Our leaders at the Capitol have shown consistent support for projects that create jobs and have statewide impact. The final 2014 bonding bill is no exception,” Mayor Chris Coleman said. “I want to especially thank our delegation from Saint Paul for their advocacy and tireless hard work, with particular gratitude to Alice Hausman, chair of the House Capital Investment Committee, who helped ensure support for these projects throughout the process.”
Projects funded in the bonding bill include:
Palace Theatre - $5 million - Funds will be used to renovate the historic Palace Theatre in downtown Saint Paul. The city plans to convert this 1916 theater into a 3,000 seat capacity theater, designed to host music, comedy, radio and contemporary arts shows. The theater will draw an estimated 180,000 people into downtown Saint Paul each year, providing a significant economic benefit for the downtown and regional area.
Children's Museum - $14 million - Funds will be used to expand and renovate the Children's Museum for the purpose of incorporating the latest research on early learning, allowing for new state-of-the-art education facilities, and increasing the capacity of visitors to galleries and programming areas.
Como Regional Park Access & Circulation Improvements - $5.4 million - Funds will be used to construct transportation and access improvements in Como Regional Park. The amount will finance intersections, realignments and improve access to Como facilities.
Twin Cities Public Television Public Media Commons - $9 million - Funds will be used to renovate the station's existing 82,000 square foot facility to streamline production of digital, multi-platform media and to create a new public space for community engagement within the current footprint at the Twin Cities Public Television building.
Dorothy Day Center ReVision - $6 million - Funding will go toward the construction of a new shelter with critical support services available to people from around the state who experience homelessness.
Metro State University - $35.865 million - Funding will go toward construction of a new Science Education Center. The University serves more than 11,500 students, including 700 natural sciences majors, but has lacked appropriate laboratory facilities to prepare students for STEM-related careers, including healthcare professions and science teaching.
Ordway Theater - $4 million - Funding will support the expansion of the Ordway to include the new concert hall.
Metro Regional Parks - $4 million - A portion of the funding ($896,000) will support regional parks in Saint Paul.
Saint Paul College Initiatives - $1.5 million - Funds will be used to renovate two classrooms – the Culinary Arts Lab and the Computer Numerical Control Machine Tool Lab.