St. Paul daily globe., 1884-11-23
The Demand for Real Estate
No Stronger Than it
Was Last Week,
But Considerable Property Was
Sold at That Beautiful Spot,
Union Park.
Around Hamline and Lake Como, Lots
Seem to be Taken Up Slowly
but Surely.
West St Paul Coming to the Front With
Rapid StrIdes-Real Estate Transfers
for the Week.

There is no more activity In the real es-
tate market now than there has been during
the past few weeks. The market is very
quiet and appears 10 be likely to remain so
for some months. 1t seems now as though
we would run along through the winter
months doing a regular, quiet trade in land,
without any transactions OF an immense
character. There is fairinqulry and some
thing is being done right along in a regular
way. Lots are being sold in considerable
number at Union park, and in the spring a
good deal of building will be done there. II
is part Of the condition Of each sale that
dwelling house OF a certain description. 10
cost u certain sum, shall be erected there
within a certain time. This of itself
will have direct and positive tendency to
build up quickly this lovely park. Its grounds
are very beautiful indeed, aud just enough
undulating to render them picturesque. Be-
sides this there are good many trees in the
park which would require twenty five or
thirty years TO grow. These trees necessarily
add greatly to the lovely tract.
There is considerable inquiry for property out
near Hamline, and all around between there
and Lake Como. The property all around
Hamline is very level and lays beautifully
for building and residence purposes. This
spot has been growing in public estimation
for several years, and very great impetus
has been given to the anxiety TO obtain
slices of the beautiful land by the fact that
the st. Paul & Northern Pacific road has
completed large purchases out in that local
ity, aud is now grading for the construction
OF immense shops just north of Hamline
Since the first intimation got out that this
road was about to locate its shops
at this point, there has been a great
desire TO pick up all the land possible all
about the shops, or the place where they
were located. These efforts were at first con-
fined to the few that were early in the secret,
but after the fact was made public there was
quite a scramble for acres out In that loca-
ton, and all that could be got hold of we're
picked up. The property Immediately north
and east of Hsmline belongs to Mrs. Hewett
and others, aud most Of it has been plated
and laid out into lots. The conditions of
sale require certain amount of improve
ment within a certain time There is not
anywhere between st. Paul and Minneapolis
more lovely spot than Hsmline good
deal of building is going on there which will
serve to still further enhance the property in
that locality.
West st. Paul seems TO have had the most
activity during the past week, and though
there has been no boom within her borders,
considerable real estate has changed hands
in that locality. Several causes have con-
spired to produce this RESULT OF course,
the first cause' was the approach Of the rail
road, ,tben came the bridges and added 10 the
scramble for desirable lots. Last Sunday a
gentleman. who has resided on the north
side of the river for years, went over TO West
st. Paul to look at the town for the first time.
and he came back expressing the greatest
surprise at what he saw there He was as
tonished at the number of people living
tqere, at the number of dwelling houses and
at the number of business houses. That
part of town will surprise any one who is not
in the habit of going over there frequently.
The indications are that the locality known
as Dayton bluff will receive more attention
next summer than it has ever received here
tofore. The completion of the
up to the public all the
property on the bluff by rendering it possible
to reach it with ease and safety. or course
everybody on the bluff anticipates rise in
property in that locality as soon as the
bridge is completed, and it will be such a
rise too as will go good way toward consol-
ing those who have elaine d to feel that they
were unjustly assessed, and who are now
studying out how to defeat the assessment Of
the board of public works, in the courts.
The transfer of Geo. K. French made yes
terday is simply the consummation of an old
conveyance.
Bradstreet reports the number of business
houses in st. Paul at 2 49, which is an in
crease of 277 in three months. Tals is one
of these significant facts that demonstrate
the growth of st. Paul.