St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-11-08
REAL ESTATE ACTIVE.
The Demand for Acres in All Parts OF
Town Remains Strong, and the
Market Very Active.
The Midway District Continues to Hold
the Confidence Of all Buyers and
Moneyed Men.
4 Good Deal of Activity in West st.
Paul, Where Prices Are Firm
and Stiff.
,uite n Large Number of Big Con-
tracts Made During the Week.
and More Coming
The Review.


The general condition of the real estate
market in St. Paul remains strong, hrm ana
lctive. with no special matter 10 hote ny
way of change.
THE DEMAND FOR ACRE PROPERTY
There * no abatement whatever in the
general desire that has characterized the
market for the whole season, to secure
rood eligible acre property. in such loca-
lions as will hereafter be required for res
idence purposes. OF course this class OF
property must be on some general lines OF
Erayel. or along the line of some railroad,
at a convenient distance. like Merriam and
Union parks Lake Como and generally all
through what is known as the Midway
dristrict. For all this class OF property
there has been a continuous demand and
one. too. that is wide spread, including
property in all parts Of the city, ana
adjoining the same, with general
inclination to prefer that which lies
out between the two cities. ms
property in the Midway district is held
at very much higher figures tnan is the
same class of property in any other part OF
the city. and it is very natural that 1t
should be. for it lies in specially favored
locality 1t requires no argument 10 con
vince stranger as To where the steady,
continued and largest improvement Is to be
made in st. Paul. That it is to be made
between the two cities any human oGlng
can see as soon as he commences 10 lnVeStl-
gate the matter, and the more he examines
theGore firmly will his conclusion become
settled as to ali these acres that are spread
oGt between here and Minneapolis. The
demand for acres and blocks has been spe-
cially GOOD ont around Como and the ST.
IL In fbAsn
localities there has been rather more than
IT, usual inquiry and dealing rather more
actNe.
RICE STREET PROPERTY.
During the whole week there has been
very active inquiry tOr lots out on lice
street. and also in West St. Paul. More
especially is this the fact in regard to the
property out in the vicinity Of Rice and
Front streets, in the northwestern part Of
the city, that have been heretofore over
looked. but which are now beginning to at
tract the attention Of the people Of this city.
When the board of education located one Of
its last school buildings on the corner OF
Western avenue and Front street, it looked
as though ii was 50 far out that it would
be great many years before the country
would be filed up i'll very moderate tie
gree by settlers. That part OF the CITY has,
however, taken upon Itself renewed actlv-
ity and it looks now as though that part OF
the city would soon have a large popula-
ton. Mr.. Lowry has agreed to extend The
street railway line up Rice street
to Front, where he has bought
ground for a street car barn. There is
now a very large travel out Rice street, eS-
pecially on Sunday, when great many
drive out to Oakland cemetery 1t is re-
ported that Mr. Hill of the st. Paul IL Man.
itoba road has promised to erect a depot at
the Rice street crossing to accommodate
general travel, and more especially to ac-
commodate people who are going over to
settle in Cottage homes. now Hagers addl-
ton. The Northern Pacific road has re-
served ground for depot at its junction
with Rice street, in the same addition. and
in the spring will build. The iron fonn
dry, that has already been described in these
columns. in the same addition is going
right along, and all through this section
thore is q general appearance OF activity.
THE BURLINGTON ROAD.
The inquiry has been frequently made,
within the past week, as to what has be-
come of the Burlington 81 Northern road.
A few weeks ago it struck st. Paul with
great deal of force, and shook up matters
hereabOuts in the most lively manner.
While the effect of the blow was still hav-
ing its influence upon our people. no one
could tell where real estate in st. Panl was
going to. This. now, has all quoted down,
and everybody asks Where is the Bur-
lington?" 1t disappeared as suddenly as 1t
came here 1t is also reported that it has
gone to La Crosse with its shops. There
are others that point significantly to the
large tracts of land purchased by j. l.. Mer
ram and Others and shake their heads and
declare that they don't understand what all
these operations mean. The report is also
again circulated that the Burlington has,
after all the denals purchased large tract
of land west of Elevator b. This is as
serted with great confidence, and seems to
be likely to prove true.