treasure island center

ADAPTIVE REUSE | MIXED USE

Located in the heart of the Saint Paul central business district, Treasure Island Center reactivates its surroundings with multiple public uses, including most notably, TRIA Rink, a fully enclosed rooftop ice arena used as an NHL practice facility.

PACE IMPROVEMENTS

Built in 1963, the Property underwent a gut redevelopment transforming the Property from a formerly vacant 540,000 SF department store to a state-of-the-art mixed-use facility located in the heart of downtown Saint Paul. The PACE loan funded energy-efficient improvements associated with the gut renovation including HVAC, lighting, insulation, roofing, and windows.

LOAN TERM:

20 YEARS


LOAN AMOUNT:

$7M