UBS Plaza

UBS Plaza
General information
Status Complete
Type Office
Address 444 Cedar Street
St. Paul, Minnesota
Coordinates 44°56′53.42″N 93°5′39.67″W / 44.9481722°N 93.0943528°W / 44.9481722; -93.0943528Coordinates: 44°56′53.42″N 93°5′39.67″W / 44.9481722°N 93.0943528°W / 44.9481722; -93.0943528
Completed 1980
Owner CIG-UBS
Height 305 feet (93 m)
Technical details
Floor count 25
Floor area 229,600 square feet (21,330 m2)
Design and construction
Architecture firm Skidmore, Owings & Merrill
References
[1]

UBS Plaza is a 25-story high-rise office building in downtown St. Paul, Minnesota. The building was completed in 1980 as part of a complex shared with the Bremer Tower. It is occupied by UBS Financial Services, architecture firm TKDA, and several law firms.[2]

History

The building was completed in 1980 and originally named the Conwed Tower. After the Meritor Mortgage Corporation moved into the top two floors of the towers in 1987, it was renamed to Meritor Tower.[3] The tower was originally owned by a consortium of limited partnerships, but the Saint Paul Port Authority was forced to takeover in 1991 after a lawsuit revealed financial issues.[4] The tower was renamed to Piper Jaffray Plaza after Piper Jaffray moved its offices into the building in 1993.[5]

It was sold to RAIT Financial Trust in 2012 and acquired by CIG-UBS in 2017 for $14 million.[2]

On June 12, 2018, a stranded raccoon climbed to the 22nd story of the tower and became an internet sensation, attracting onlookers while animal control attempted to trap it.[6][7] The raccoon's climb was livestreamed online and was covered by local television stations.[8] The raccoon reached the roof of the 25-story building at 2:30 a.m. the following morning.[9]

See also

References

  1. ↑ UBS Plaza at Emporis
  2. 1 2 Reilly, Mark (May 26, 2017). "UBS Plaza in St. Paul sells fetches $14 million in sale". Minneapolis/St. Paul Business Journal. Retrieved June 12, 2018.
  3. ↑ "Conwed Tower to become Meritor Tower". Minneapolis Star and Tribune. June 11, 1987. p. 4M. Retrieved June 12, 2018 – via Newspapers.com.
  4. ↑ Meryhew, Richard (October 26, 1990). "St. Paul Port Authority's credit rating still imperiled". Star Tribune. p. 7B – via Newspapers.com.
  5. ↑ McAuliffe, Bill (May 5, 1993). "Piper Jaffray to move to Meritor Tower, give its name to building". Star Tribune. p. 1B. Retrieved June 12, 2018 – via Newspapers.com.
  6. ↑ Vezner, Tad (June 12, 2018). "Stranded raccoon makes a run for it — 22 stories up a St. Paul office building". St. Paul Pioneer Press. Retrieved June 12, 2018.
  7. ↑ Harlow, Tim; Sawyer, Liz (June 12, 2018). "Stranded raccoon scales skyscraper in downtown St. Paul". Star Tribune. Retrieved June 12, 2018.
  8. ↑ Brulliard, Karin; McMillan, Keith (June 12, 2018). "A raccoon is scaling the side of a tall skyscraper, and it's incredibly stressful". The Washington Post. Retrieved June 12, 2018.
  9. ↑ Sapra, Bani (June 13, 2018). "Raccoon captivates internet with Minnesota skyscraper climb". CNN. Retrieved June 13, 2018.
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