Saint Paul file RES 26-1175, before the Saint Paul City Council. Did not pass as of 2026-07-22.
Latest action: Archived
City gets rental income from unused HRA property The city would earn lease payments for three years by letting Union Pacific use the 43 East Water Street building, which HRA currently does not occupy.
Freight rail operations expand in downtown St. Paul Union Pacific's exclusive use of the property signals the railroad is setting up or expanding freight and logistics work near the river and downtown core.
HRA loses control of property and future development options During the three-year lease, the city cannot use or repurpose the building for affordable housing, community space, or other public needs, and the lease terms are not detailed in this summary.
Read the official record for RES 26-1175
See everything up for a vote · This week in Saint Paul · See what we have filed with the clerk