St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-08-02
The Hot Weather Interferes Somewhat
With the Transactions in Regard to
Real Estate,
But It Still Holds Very Firm and Con-
tinues to Advance Without
Cessation.
Great Rise in West st. Paul Realty,
and Prospect of Its Going
Higher.
Effect or the Construction of the Ryan
Hotel on Second Ward
Property.
The Review.

ter, and was the cause of stopping WORK Oh
some of our public buildings 1t not Deuhg
considered safe for men TO expose theiii-
selves during the middle and latter part OF !
the day TO the fierce rays of the sun VI |
course no person would think. unoer SUCH
circumstances, of going out TO look AT prop
erty. Except for the interference OF tiie
two causes referred TO. business mas hoV
been much different from what IL mas oeeh
every week during the season. Prices APP
pear to be established upon a very solid
foundation. and nothing affects them. In
some localities there is a feveriSh sort OF
disposition to advance quotations. but stll
il looks now as though no advance would
be made before another season.
THE RYAN HOTEL.
The location of the Ryan hotel. on the
corner of Sixth and Robert streets, has had
a marked effect upon all the property in
that vicinity. which for a considerable dis
lance has very materially increasedin value.
No private enterprise in the city has ever
been so potent and SO swift In increasing
the value of real estate as the construction
of this elegant hotel. Not only has 1t d.
rectly increased the price OF real estate. put
it has stimulated building all around it to
such an extent that unless some great ana
unexpected calamity occurs Robert and SlXth
streets will both be built up for several blocks
around during the coming year Fouulua-
tons are now going in, and others VIII De
commenced Immediately on both Robert
and Sixth streets. The Syndicate block
will soon be begun. The plans are all pre-
pared and the foundation will soon be COM
menced. The Bank of Minnesota, on the
corner of Sixth and Jackson streets. has
gone beyond the foundation and work is
we'll along on the first story. 1t Will be
placed under cover this fall and finished
during the coming winter. 1t is no eXag-
geration to say that the location of the
Ryan hotel. on the corner Of Sixth and
Robert Streets has had great and imme-
date effect upon all the real estate in the
Second ward bounded by Wabasha, jack
son, Third and Seventh streets. This is
the district that for years has stood quiet
and stagnant. Within this limit but little
building has been done from the founda-
ton of the city till now, and yet
all this time it has been the very center of
the town. Wabasha. Jackson, Third and
Seventh streets are four Of the principal
streets of the town, and they form the
boundary of this lOng-neglected district.
filled with rickety old buildings, frame
sheds and tumble-doWn Outhouses. For
years, Minnesota, Cedar, Fourth, Fifth and
Sixth streets were used alternately for the
hay market. On these streets for years
stood all the farmers teams, and loads OF
hay were scattered along the whole length
In the spring the streets of this part OF the
city presented striking features-striking
both to the eve and the nose. After the hay
teams had stood along Minnesota street for
five or six months during the fall aud win
ter the hay on the street became very
abundant. and it required a great deal
of work in the spring to put the street in
passable condition. This combination of
nuisances no longer exists. The property
Is coming to be too valuable to be held
without being improved, and consequently
1t is being built up to a considerable extent,
all of which is the secondary or indirect re-
suit of the construction of the Ryan hotel.
The building of this elegant hotel as pre-
viously remarked, has affected the price OF
property more than any other private enter
prise in st. Paul. and it is doubtful if any
one public improvement has had any
greater effect in this respect
PUBLIC IMPROVEMENTS.
This wear will probably pass into history
as the champion year for public improve
nents. both as to the amount of
money expended and the number, eX-
tent and variety of the improvements
themselves. All over st. Anthony hill the
water and gas. The completion of the
water works system by means of which
water was carried to the top of that eleva-
ton made it necessary to put in watermains
throughout all the streets, or nearly all Of
them. The putting in of the water Of
course necesStated the putting i'll Of sewer
age, and as this caused general ripping
and tearing up of the streets and avenues,
the gas company concluded it might as well
take advantage of the general break and
put down its pipes. The general result has
been that as the work done was so univer
sal in its character everybody has
been more or less lncommoded. The
street railway company has been compelled
to take up its tracks on Western and Laurel
avenues. and from other streets, too. and
move them temporarily to other thorough
fares, while the public improvements were
being completed. Unfortunately for this
part of town all this work had to be done
at one time. In some parts of lower town
similar inconvenience has been expert
enced The public Improvements have been
universal. and extend more or less gener-
allv throughout the settled portions of the
city 1t is almost impossible to 90 any
where without coming upon street grad
ing a sewer or the putting in OF water and
gas pipes, or the paving OF streets. One OF
that we have ever had in st. Paul, and
one. too, that illustrates the cast of public
works in st. Paul, is the cutting of that
new thoroughfare through Wabasha street
hill. A large part of the dirt taken out of
that hill has been transported to Central
park, just below Bluff street, in the Second
ward, and the lots adjacent. 1t was almost
equal to building new town.
THE INTERNATIONAL HOTEL BLOCK.
This block is located on the northeast
corner of Jackson and Seventh streets, and
takes its name from the hotel that was To-
Gated there and burned down twelve or
thirteen years ago. Last week one-eighth
of this block was sold to Gustav Willius
and William Lindeke for S42. 500. Eight
wears ago the whole block was sold by
Mr.. Samuel Mayall for $4,000. Now
One-eighth of it is sold for more than half
the sum paid for the whole block. That is
to say. the block, which eight years ago was
sold for $50. 900. to-day is worth $40, 600.
Other property in ST. Paul has increased
much more rapidly than this. In West st.
Paul property has increased ten times as
fast as that. Many lots across the river
that eight years ago were not worth more
than $50 or 500 piece, are TO-DAY worth
a good many thousand dollars. The proba-
bility is that some of the property in West
St Paul has increased more rapidly than
that of any other part of the city. This Is
especially true of property on the fat. Fol
q great many years all of the fats were re-
garded as nearly valueess. They were
frequently overiowed with water, and al
times it would have been next to an impos-
sibllity to give away lot, few being willing
to take it and pay the taxes on it. During