St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-02-15
A DECIDED, IMPROVEMENT
Such has Been the Verdict of the Deal
ers in Dirt as to the Weeks
Business.
A More General Desire to Invest and Firmer
Feeling Among Real Estate
II lders.
Development in West s.. Pau demand
for Dayton Ruff Proper.y-
Building PrOspe $.

Notwithstanding the very severe cold OF
the past week. the real estate market has
given evidence of very decided improvement.
This is shown, not BY any one particular spe-
cies of evidence, but by the general dtsposi-
ton to invest, the persistent inquiries, the
money here for investment, the strong way
In which owners hold their property, and the
whole tone and drift of the market. There
is no installing these indications. There is
no uncertainty about them. They all point
one way, and that is towards revival OF
business in real estate. 1t could not well be
otherwise. When one considers the large
sums of money that are to be put
into public improvements in st. Paul
during the coming season, there will
be little cause for wonder at the
market becoming SO much stronger. Among
some OF the more prominent, and the largest
and most expensive works that will be
either wholly or plrtially completed during
the present season are the west side ievee,
the depot and the transfer house in West st.
| Paul, the construction of the workshops and
other buildings of the st. Paul IL Northern
Pacific road near Hamline, the work to be
property on Mississippi street, the
Robert street bri dye, and the railroad bridge.
These are some of the more striking i'm
| proyements, aud several millions Of money
will be put into them. The activity occa-
stoned by the progress Of all these works
will necessarily be communicated to all de-
.partments of industry. The disburse-
ment of the large amount required
t., complete the works enumerated, scattered
as they are, over all parts of the city. cannot
fill to cause great activity in all departments,
and it requires no very wise man to tell
what the result will b.. 1t will surprise
some to be told that there will be great deal
more building done in St. Paul this year
than has been expected. Tie architects are
| full of work. Numerous plans are being
prepared aud hurried forward as fast as pos
sible. 1t has not been expected heretofore,
but it is now, that the am )Int of money put
into public AMI private improvem .nts in the
city OF st. Paul. during the coming
season, will be considerably larger than
that expended for the same purposes
last year. aud that twill take eight figures
10 express the aggregate result next fall.
WEST ST. PAUL.
| This part of the city, which has grown so
rapidly within the last few years, is likely to
monopolizc u good deal OF public attention
during the coming summer. Some DISPOSE
ton will naturally be made of the levee mat
ter, for the railroads are coming in there
Immediately. The railroad bridge Is going
! along rapidly and will soon be completed.
BY the. time it is finished the road will be
into West ST. Paul 10 meet it. Other roads
will follow the first one, and it is stated, upon
the authority of Mr.. Prior, of Minneapolis,
thai the Milwaukee & 81. Paul road wan Is
| 10 get down from the railroad
bridge to The levee on the south
side of the river The people of West ST.
! Paul feel that they occupy Il commanding
position, ami that during the season they will
attract more than usual attention. The first
| indication Of all this comes straight from the
| feverish excitement that begins TO exhibit
itself in regarl tD real estate. The demand
for West ST. Paul property is increasing. and
values are advancing rapidly. Property there
is nearly al the booming point. Real estate
agents are advancing values as fast as the
term of listments expire. One man who
bad piece LISTED for 50 900, as soon as the
listmrnt expired advanced It to 5000, and
, not to be greater.
OTHER PARTS OF TOWN.
Property on Dayton bluff still con-
tnues in steady demand, especi-
ally on Seventh street and along the
streets nearest to tiat great thoroughfare,
aud large investors are making inquiries for
Lake Como property. There is no doubt
whatever that large sales have been made at
and near the lake, but very vigorous and
successful efforts are being made to conceal
the facts from the public.
A very large number Of people are waiting
to see II 1t. Paul Incorporates Merriam and
Union parks with the saloon restrictions, as
presented In the legislature. If those re-
strictions are applied by law, It is believed
there will nc far greater dcm-ud for prop
erty in that vicinity than ever before, and
much greater than for any other residence
property near the CITY, This property is very
favOrably located, and Is so near 10 the city
that person is but eleven minutcs from the
Union depot. This people say, is nearer 10
town than ST. Anthony hill, with the horse
cars; besides, the steam cars are warm and
comfortable. II Is very certain that Merriam
and Union parks are very attractive places.
MISCELLANEOUS.
Rice street property is looking up a cool
deal, even out three-quarters OF a mile be-
yOnd the Manitoba track. The south line Of
Stiu sons Rice Street addition is fully three
quarters of mile north OF the track, and yet
six lots were sold in that addition few days
ago for 81, 100 Another lot facing Rice
street sold for $3.50. This is 80 per cent.
advance on last falls prices. There can be
no doubt that Rice street IS destined to be
one of the most prominent thOroughfares Of
81. Paul. Trade aud building seems to drift
naturally that way.
E. W. Snirk, who was burned out Of his
livery stable, on Fourth street near Jackson,
some weeks ago, has leased OF Mr. Langevin
for three wears the brick huildn =.
known as the government stable. Or1
the corner OF Fifth and Cedar streets, and
will open up his stable there in a short time.
Wlgus Brothers, who have an office ir- ST.
Pan and one also in West 81. Paul, have
been pretty active during the week. Among
other transactions they sold half a book in
Eiwiu Deans addition for $4,000: also a
forty foot bot on Wabasaa below b ud street
which runs through 10 Cedar street, for
s.. 500.
There are still at this late dav q great
many inquiries for nice lots in Woodland
park
Wigus Brothers sold a house and lot on
Linden street for 1000.
Eight lots ON DIcAs street, 10 West 81.
Paul, belonging 10 J. C. Quinby we're sold q
dav or two ago for Sl2 900 net cash.
1t is reported from thirty To forty houses
will BE- erected on Foundry addition in the
early srriuu- afso tina. PAM Il Mani