St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-04-26

thing looks well, every one is cheerful,
hopeful. A few curbstones brokers are
talking of boom" The fates forbid.
IT'S simply the natural outgrowth of
things. We are a rich city in rich
country, there is all abundant crop in
sight, immigration is pouring in, vast
amounts OF Eastern capital is seeking
investment in the city, its property and
the surrounding country. Population has
increased enormously west Of us; new
territory is opening up.
Now see st. Paul grow.
A Word of Real Estate.
For some time past shrewd men of
means have been quietly buying up any
desirable property that could be had at
reasonable figure, fact which lends
much confidence and strength to the
situation. 1t is also fact that Eastern
capital-with which st. Paul realty has
always been in favor-is actively search
ing OHt choice bargains, making extern
Siye research and inquiry. A good
healthy trade exists, and is fast growing
in volume. There's confidence and new
life everywhere. The building season
is only fairly at hand, yet an enormous
amount Of work is already under way.
1t seems quite like old times to see brick
and lumber piled about, new roofs
everywhere, and to hear the merry
sound of saw and hammer building
homes for our new incoming tide. Rent
ing offices are busy. Houses are
i'll demand. Out along the Selby
avenue cable extension 400 new and
handsome houses built during the past
eight months are all occupied, while the
demand in this neighborhood grows
daily. Any good modern house with
q %
magnificent Improvements in western
portion of the city-the interurban sec
tion-are attracting population thither
rapidly. A million dollars is a tidy
sum, and represents the municipal and
street railway improvements IN this
portion during the past TWO or three
years. There are now gas, water and
sewer facilities, several electric and
cable lines, excellent streets, splendid
schools, free letter delivery service, fire
and police protection; in fact, while re-
tanning its beauty and quiet, tits metro
polltan. And for five-cent fare one
can go back and forth every five min
uteS.
The parking of Summit avenue
through to the river makes that superb
thoroughfare one of the most magnifi-
cent in the world. Other streets should
be similarly treated. While there is yet
time numerous parks, squares, boule-
wards and wide drivewayS should be
secured and devoted to the Sovereigns
the People. st. Paul is weak in this
respect, though good work is being
done. Of parks and drives we cannot
have too many. And why not have
wide streets, and the Boston plan of
placing water, sewer and gas pipes in
alleys is worthy Of thought. AS that
talented young writer who gave us
Federal City" says, the new capital of
the great commonwealth is to be in the
interurban district. The possibilities
for grand site. buildings and surround
ings are magnificent, Verify interur-
ban property is good.
And so is all St. Paul property. There
are some special features pertaining to
almost every section, something new,
something done or in progress which
gives new life and increased values
every where. The West side with its
splendid new streets and buildings,
electric railway service and many new
manufactures, is surprising every one.
In the central portion of the city there
are many signs of the re-awakening.
Several large new office and mercantile
buildings are under way, the older
blocks are being built over and inn
proved, fresh paint, new signs, new ell
terprises everywhere. Two years ago
after the great building period there
were too many Offices, but now they are
filling up. Following the erection of SO
many new and splendid buildings in so
short time, it is not strange to find
number of vacant stores, yet they are in
the old buildings, without the necessary
appliances of latter day hade necessi-
ties. These buildings are gradually be-
ing refitted, and will soon find tenants.
Robert street is rapidly becoming one
of our most important thoroughfares.
Many of the commission houses are soon
to vacate the street, and their stores will
readily find Other occupants.