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For the past 20 years, Dave Higgins has dug deep into major real estate projects, especially those involving a partnership of some kind between local government and the private sector to convert buildings to new uses.
A real estate attorney by training, he worked for the Boston Redevelopment Authority and the real estate group of the global law firm DLA Piper before spending most of the past 10 years as a vice president of development with the Minnesota companies Roers and McGough. Paul β not unlike many cities across the country. Second, we can embrace proven tools that have successfully revitalized other downtowns and put them to work in St.
Would that include buying buildings outright for repurposing or even demolition? Joe Spencer, president of the Downtown Alliance, said the launch of the Downtown Development Corporation flows from a Downtown Investment Strategy the alliance published last March that aims for more vitality, pedestrian connections and office-to-residential building conversions. Around the same time, Madison Equities β downtown St.
His experience in Boston and New York, where he spent several years in the industry, exposed him to tricks of the trade for large-scale redevelopment projects that may or may not be suited to St.
Paul, but plenty of other cities closer in size to the capital city have experimented with their own approaches. Fundraising will likely be part of his job. Obviously, the city stakeholders are involved, and it means meeting with them regularly as well.