Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-04-22
MUCH ACTIVITY IN THE SUBURBS.
The Prospects for a New HOtel--Speci-
men Transactions.

The real estate market for the past week
has been steady and active, with good
fair demand, but without any special or
unusual activity. The number of nom
resident buyers has considerably increased
and investments are sought in any and
erery quarter of the city where there is a
reasonable prospect of an increase in
value. The territory lying north of Uni
versity avenue and west of Western avenue
embracing Stinson's addition and the
various syndicate additions, is now
becoming quite active. The low
land in Stinson's addition is be-
ing drained and when the sewers now Or
dered on Rondo and Western avenues are
completed that part of the city will become
very valuable on account of its nearness to
Jackson school, to the street car line and
to the great Improvements that are to be
made IN the near future by the st. Paul
Foundry company and the Manitoba Rail
road company.
At a meeting of the board of directors of
the ST. Paul Real Estate syndicate held on
Friday it was determined to sell some of
the property of the company on the
monthly installment plan,so as to give Ia
boring men an opportunity to get houses
for themselves at cheap prices and on long
time. It seems to be a move IN the right
direction, for there are hun
dreds of men here and hun
dreds more coming who want
homes for themselves, and who will buy on
the installment plan.
During the past week some thirty or
forty lots were sold in the Syndicate addi-
ton, and probably as many more in Stin-
sons addition. The boom is taking quite
a decided turn in that direction, though
every part and portion of the city is re-
ceiving attention, and it is difficult to in
dictate where the greatest activity prevails,
when all the wards are apparently affected
alike.
The Dayton bluff district lying east of
Seventh street bridge is waking up from
its long depression, and since the improve
ment has been commenced by the hauling
of stone to build the culvert and fill, the
people have come to look upon the i'm
provement as an assured fact. The result
already apparent is an increased inquiry
for lots on Dayton bluff and for acres as
far out as the Harvester works.
There has been large amount of ground
plated in that direction which has not
yet been built upon, but Arlington hills
and Eastville heights and Hills addition
are rapidly becoming thickly settled areas.
There are hundreds of small cottages 60
ing up and a scene of activity presents
itself all over the eastern part OF the city
which has never been witnessed before.
There is good prospect of the Nelson s.
Co. addition being taken possession of by
some Eastern capitalists who are think
ing of doing large amount
of building. Adam Gotzian is letting con-
tracts and proposes to build from forty to
fifty small houses suitable to accommodate
the great demand for tenements of this
character.
There are some hopes now that by fail
shelter will be provided for the hundreds
who are in the city seeking homes, and who
day by day return to their temporary
quarters wearied out with ''house hunt
ing" A good many mechanics have
searched homes for their families in
country towns out on the railroads
centering in st. Paul, and during
the summer will find employment
on the numerous structures now in process
of erection in this city.
1t is hoped that by winter there will be
houses enough completed that these fam
lilies can all make their homes and find
shelter within the corporate limits of st.
Paul.
The order of the council for the grading
of Pleasant avenue to the city limits and
the development along the Fort road have
awakened unusual interest in an area ex-
tending toward Fort Smelling, and lying
between the bluffs and the river banks.
Several purchases of acres have
been made with view to
plating. All the lands lying between
the two cities, and especially between Sum-
NIT and University avenues, is in great
hdemand. About 81 200 per acre seems to be
the ruling price, except where the acres
are so located as to be affected by con-
templated railroad stations on the short
line roads, and at or near such favored
points it is held at higher figures.
1t is supposed that the order for the grad
ing of Pleasant avenue will be soon followed
by an order for the grading of Oakland
street from Pleasant avenue to Grand
street and whenever these desirable i'm
provements are made the Street Car COM
pany will lay track out Pleasant avenue
to Oakland, up Oakland to Grand and out
Grand as far as settlement or prospective
settlement will warrant.
Building has commenced in every direc-
ton and numerous large structures are
well under way. The mascns are
busy laying up the foundation
walls of the new Opera house and
the stone and brick work. of the large
block corner of Cedar and Fourth streets,
is started. On Seventh street numerous
new structures are under way and every
where masons, brick layers and carpenters
are driving their work as though freezing
weather was expected within ten days.
THE NEW PASSENGER DEPOT
contemplated by the Northern Pacific
Railroad company at the corner of Fourth