St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-10-17
ST. PAUL REAL ESTATE.
The Close of Another Week Presents No
New Features in Real Estate
Matters.
It is Strong and Firm and Always in
Good Demand Throughout
the City.
The Necessity of Rapid Transit Be-
comes Daily More MarG cd as the
City Crows.
Hamline, Macalester, Merriam, st.
Anthony and other Parks Show
What is y eeded.
ST. PAUL REAL ESTATE.


Anthony and other Parks Show
What is n eeded.
During the past week the edge has been
taken off somewhat from the demand for
business property. This is usually the case
in the fall. when it is too late TO commence
the construction of business houses. This,
however is confined mostly to those here
in the city who desire TO Immediately inn
prove in order TO get back return as soon
As possible for their outlay. 1t is different
with those from abroad who come here to
invest in business property. These buy
right along, the same as usual. While
therefore the demand for all kinds of busi-
ness property is good, the demand is not
quite so pressing as it has been during the
summer The attention of buyers has
been directed largely during the week to
acre property and to lots for dwelling
houses in all parts of town. The attention
of people during the past summer was
strongly attracted to Reserve town, and a
number of acre pieces were bought out
there, largely on the strength of the report,
very industriOusly circulated. that motor
line was to be built across that part of the
country from Minneapolis. Since then this
motor line project has been worked very
diligently. 1t is now about five years since
it was first introduced as real estate lever.
Then it was going out through the north
western part of St Paul. out Marshall or
University avenue, and so on to Mime
apoliS. 1t was worked very indus
triously and conscientiously for several
wears for that part OF the city
until much of the most eligible property
out in that part of town was disposed OF
and the whole country out there was well
advertised and strongly fastened in the
public mind. Then the motor travelled
around. First it was coming here and then
it was going there. so that wherever prop
e.ty was to be sold and to which it was
desirable to direct sharp. quick public
attention, there it was that this wonder
full motor line was to go. 1t is now again
doing good service out in Reserve town.
1t has been there before and is not unknown
TO fame III that direction. For the last two
or three weeks whiSperings have been going
around to the effect that great things were
going to happen in Reserve town, and now
it is reported that no property can be OBJ
tanned within a mile of
THE MOTOR LINE
for less than from 81, to $4,000 per
acre. But where is this wonderful motor
line that is being continually located first in
one place and then in another? When will
it finally discover permanent location? Is
it to be kept on its travels till all the real
estate is bought up between st. Paul and
Minneapolis, or is it really now about to
settle down in Reserve town? There is no
doubt a real motor line is an important
- bo nd nf
Paul If there is anything that this city
wants and must have. it is rapid transit
There is an imperative necessity for rapid
transit. New York grew so rapidly that
rapid transit became necessary. and necessity
caused to be built the elevated railway. st.
Paul Las not yet reached, and may never
reach, a point when the elevated railway
will be to her necessity. 1t Is evident,
however, to all that rapid transit of some
satisfactory and convenient kind must be
furnished this city. There is now, and for
the past year or two there has been, an in
creasing and imperative demand for quick
and easy means for getting out into what
are now the suburbS-SpOtS outside the act
i've, live part of town, where homes can be
obtained at reasonable price. Property
within mile or mile and half of Bridge
square is too expensive Tor people of mOder
ate means to live on. A large part of the
population of St. Paul is forced to go outside.
This part of the population must be accom-
mOdated. 1t is very serious matter, and the
railroads have recognized the fact by
placing stations all along their lines at
reasonable distances, such as those on Mis-
sissippi and Rice streets, at Haulline. st.
Anthony Park, Manchester and other points
all along the lines of these roads. People
of st. Paul can easily call to mind how
much effort had to be made to get the Mil
waukee & st. Paul road to put in the
Chestnut street depot Now the railroads
are establishing these depots, as stated, all
along the lines of their roads. 1t is neceS-
sary that people who do business in the
city, and are compelled to live outside,
must have the means of getting from their
homes to their places of business in a
reasonable time. St. Paul is very favor
ably and very fortunately located fOrsths
purpose. 1t is surrounded by a beautiful
residence country in every direction, and
especially is this true in regard to all the
territory between it and Minneapolis, and
between these two cities. on the lines of
all the railroads running between the two,
have sprung up charming
SUBURBAN LOCATIONS
to which population is daily tending. One
of the most remarkable illustrations of the
Importance and convenience of what is
known as rapid transit is the motor line on
the Minnesota Il Northwestern road. The
motor on the Minnesota 81 Northwestern
shows what can be accomplished. Last
spring that part Of the country four miles
south of st. Paul was barren waste. To-
day it is a teenling hive of industry. Let
any one go to the motor line and he will
find that it is so loaded with people going
and coming that it is a scramble to get
standing room A person can leave his
place of business in the business part of the
city-say corner of Robert and Third
streets-and go to South Park ON this motor
line. distance of four miles, quicker than
he can go to the corner of Dale street and
Portland avenue, perhaps mile and half
distant. 1t is on this idea of rapid transit
that the people of this city must rely. The
motor that is daily successfully working on
the Minnesota & Northwestern road Illus
trates and demonstrates the truth of these
statements There is nothing special to
add in regard to prices. All kinds of prop
erty is in good demand. and nothing is