Money, history and community meetings might not be the stuff of soap operas, but you wouldn’t know it looking at the Bridges of St. Paul project. The controversy surrounding the project so far is sure to continue as the project moves forward. With historic designations and land use plans being questioned, the project is in for more of the same in the months to come.
The Money
Developer Jerry Trooien still fully intends to request $125 million in TIF funds despite the city of St. Paul’s early denials of the money.
TIF, or tax-increment financing, is a statewide financing tool for urban redevelopment projects. The additional property tax revenue generated from an improvement on a piece of land can then be used for a community benefit (parking ramps, for example, would be among parts of the Bridges project that would be built with TIF money). The city wouldn’t see any of what the increased property tax would be until the time period (20 years proposed in this case) is up.
In the final session of a four-meeting series, developer Jerry Trooien talked extensively about TIF. He said, “If you don’t do the development, if you don’t create the revenue, you don’t get the money.” He repeatedly said that the money would only come out of the land and would not take money out of other areas of the city.
The History

One of the most-talked-about problems with the project is the view. That view is now one of Preservation Alliance’s 10 most endangered places in Minnesota.
Trooien says about the question of view, “Whose view and from where?” The Preservation Alliance points to the Mississippi River vista as seen from Mounds Park in St. Paul. Concerned citizens have been talking about the multiple spires that will poke their way into the skyline.
This is the first time a landscape view has found its way onto the list. The controversy of the project undoubtedly played a role in that decision. “We support development on the West Side if the design is consistent with zoning guidelines,” said Bonnie McDonald, director of Preservation Alliance. “But we’re opposed to the scale of the Bridges and how the design would alter both the cultural and natural landscape.”
The Meetings
The Bridges project has been a great boon to anyone who really enjoys meetings. From the now defunct Tri-Council to the Zoning and Planning Committees to the WSCO annual meeting to the information sessions that just wrapped up and now — and certainly not finally — onto the WSCO community engagement sessions, meeting hawks can get their fix from this project’s process.
WSCO is kicking off the first of six meetings Monday night. The meetings are supposed to help gather more information about the Bridges, the site and the feel of the community. They will cover topics including development plans for the area, environmental considerations, zoning, traffic and economic sustainability. From an hour to an hour and a half is set aside at every meeting for JLT Inc., Trooien’s company, to present. Each meeting will also allow an hour for other presenters, including the city of St. Paul, the Riverfront Development Corp., the DNR and the Met Council. Finally, each meeting will have some time for questions.
The meetings will be held at the Wellstone Center from 6 p.m. to 9 p.m. May 7, 15, 21 and 29 and June 4 and 12.













8 Comments »
Comment posted May 8, 2007 @ 10:28 am
Minor Correction Not city council, outside legal council.
http://minnesotamonitor.com/showDiary.do?diaryId=1131
And I did look around for some numbers on Galtier but I can’t find any reliable numbers on what exactly the default cost the city.
Comment posted May 8, 2007 @ 8:26 am
Please be careful It is disappointing to see a lack of information being used as the foundation for unfounded criticism.
TIF – The proposed TIF for The Bridges would be used ONLY for the parking structure. T The TIF WOULD NOT include all future taxes. The hotel, the restaurants, the movie theater, the stores would immediately pay sales tax to the city – millions within the first year.
The TIF is not an up-front loan. It only happens if The Bridges is built, if the financial market agrees to buy bonds, and if the site would have a higher tax value. The real risk is for people who buy the bonds, not on city taxpayers.
The project would also pay for additional city services (police, fire, etc) – so it would not cost residents any additional money. In fact, neighborhoods would get more than a million in new Star money for projects produced by the hotel, new restaurants, stores, etc.
Please be more careful in how you use facts and what you have determined the facts to be. We should all engage in a real discussion about what we want to happen here. But we need to be honest and understand what facts are before reaching conclusions.
Comment posted May 8, 2007 @ 10:01 am
Whoa! StPaulicy doesn’t mention that taxpayers ARE on the hook for the TIF bonds if the development goes sour and never creates the tax revenue to pay them off, even if they are used only for the most expensive parking ramp in history. How much money on everyone’s tax bills is still paying off the defaulted bonds on Galtier Plaza? “Bridges” is Galtier times seven in size and risk.
Besides, it’s not just a case of TIF money being unwise for this mega-project. In the January 18 letter to Trooien, it was made very clear by the City that the city’s attorneys had concluded that the use of TIF money for this project was against state law in that the project area did not have the level of “blight” required by state statutes. For TIF money to be used, there would need to be a reversal in state laws that were enacted in response to hundreds of nice houses in Richfield being declared “blighted” so that Best Buy could use TIF money in building its campus.
Trooien would have to convince the City Council, the Mayor, both houses of the State Legislature and the Governor that St. Paul should be allowed to borrow money in a sum only slightly less than the annual property tax revenue of the city ($125 million vs. $142 million) for a private project opposed by virtually every stakeholder along the Mississippi River.
Not going to happen. That’s not saying Trooien won’t be hounding us for the next few decades trying to make it happen, but when do we get to tell him to just go away?
Comment posted May 8, 2007 @ 12:10 am
No TIF This development would and already has drained many city resources. A TIF would have all future taxes (above current very low base) go to pay back a loan to give the developer free money. The rest of the city would be paying a contribution for the Bridges development’s share of city resources. The rest of us would be paying for roads, police and fire for this development! The St Paul people have expressed their interest many times, no more TIFs, instead spend money on police. Let land be undeveloped, we have way too much housing and empty retail already!
Comment posted May 7, 2007 @ 7:10 pm
No TIF This development would and already has drained many city resources. A TIF would have all future taxes (above current very low base) go to pay back a loan to give the developer free money. The rest of the city would be paying a contribution for the Bridges development's share of city resources. The rest of us would be paying for roads, police and fire for this development! The St Paul people have expressed their interest many times, no more TIFs, instead spend money on police. Let land be undeveloped, we have way too much housing and empty retail already!
Comment posted May 8, 2007 @ 3:26 am
Please be careful It is disappointing to see a lack of information being used as the foundation for unfounded criticism.
TIF – The proposed TIF for The Bridges would be used ONLY for the parking structure. T The TIF WOULD NOT include all future taxes. The hotel, the restaurants, the movie theater, the stores would immediately pay sales tax to the city – millions within the first year.
The TIF is not an up-front loan. It only happens if The Bridges is built, if the financial market agrees to buy bonds, and if the site would have a higher tax value. The real risk is for people who buy the bonds, not on city taxpayers.
The project would also pay for additional city services (police, fire, etc) – so it would not cost residents any additional money. In fact, neighborhoods would get more than a million in new Star money for projects produced by the hotel, new restaurants, stores, etc.
Please be more careful in how you use facts and what you have determined the facts to be. We should all engage in a real discussion about what we want to happen here. But we need to be honest and understand what facts are before reaching conclusions.
Comment posted May 8, 2007 @ 5:01 am
Whoa! StPaulicy doesn't mention that taxpayers ARE on the hook for the TIF bonds if the development goes sour and never creates the tax revenue to pay them off, even if they are used only for the most expensive parking ramp in history. How much money on everyone's tax bills is still paying off the defaulted bonds on Galtier Plaza? “Bridges” is Galtier times seven in size and risk.
Besides, it's not just a case of TIF money being unwise for this mega-project. In the January 18 letter to Trooien, it was made very clear by the City that the city's attorneys had concluded that the use of TIF money for this project was against state law in that the project area did not have the level of “blight” required by state statutes. For TIF money to be used, there would need to be a reversal in state laws that were enacted in response to hundreds of nice houses in Richfield being declared “blighted” so that Best Buy could use TIF money in building its campus.
Trooien would have to convince the City Council, the Mayor, both houses of the State Legislature and the Governor that St. Paul should be allowed to borrow money in a sum only slightly less than the annual property tax revenue of the city ($125 million vs. $142 million) for a private project opposed by virtually every stakeholder along the Mississippi River.
Not going to happen. That's not saying Trooien won't be hounding us for the next few decades trying to make it happen, but when do we get to tell him to just go away?
Comment posted May 8, 2007 @ 5:28 am
Minor Correction Not city council, outside legal council.
http://minnesotamonitor.com/showDiary.do?diaryId=1131
And I did look around for some numbers on Galtier but I can't find any reliable numbers on what exactly the default cost the city.
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