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July 15, 2021
Created: July 14, 2021 06:43 PM With the Duluth School Boards Tuesday night sign-off on a purchase agreement, Saturday Properties is beginning to put together a master plan for the former Central High School site. Saturday Properties is based in the Twin Cities. The firm is also redeveloping Historic Old Central High School downtown. According to Development Director Mark Laverty, they are planning mixed-use housing off of Central Entrance. He said staff will work with the Duluth Sc...
July 14, 2021
Unbelievable views: Duluth Central High to be sold for $7.4M Saturday Properties plans a mix of housing units on the 55-acre property. July 14, 2021 — 3:05pm Text size Copy shortlink: DULUTH – The former Duluth Central High School, which last graduated a class in 2011, is finally set to be sold for $7.4 million, about half its original asking price from a decade ago. St. Louis Parks Saturday Properties, operating as Saturday Cen...
July 14, 2021
Duluth School Board approves sale of Central High School for $7.4 million Saturday Properties is purchasing Central High School, at 800 Central Entrance, to build mixed housing. Project manager Mark Laverty said final plans for the space are still being developed. 11:15 am, Jul. 14, 2021 × Central High School, located at 800 Central Entrance, has finally been sold, 10 years after the school closed for good. The high school building will be demolished for $2 million by t...
July 2, 2021
To date, the tax credits have been used to bring forward at least 10 other projects in Duluth. Heidi Swank, executive director of Rethos, a St. Paul-based nonprofit dedicated to the preservation and reuse of old buildings, said she had hoped for a longer extension but expressed thanks for the additional year lawmakers granted the program. If not for the focus on the effects of the COVID-19 pandemic, Swank expressed confidence the credit program would have garnered enough support to gain a longe...
May 29, 2021
The Historic Tax Credit in Minnesota is set to sunset on June 30th. Supporters say they want it included in the budget bill, to keep preservation projects going.
May 12, 2021
Our View: Extend tax credits, continue preserving Minnesotas history The debate in St. Paul hasn’t been over whether to extend the tax credits program but for how long Written By: News Tribune Editorial Board | 11:00 am, May 12, 2021 × The NorShor Theatre is one of at least 10 historic preservation projects that used state historic tax credits. (2018 file/News Tribune) The very future of Duluth’s iconic and majestic Historic Old Central High School may depend right no...
May 8, 2021
Historic Duluth school sells for $3 million Construction is expected to begin after an October deal closing. The schools famous clock tower and bell will remain. May 7, 2021 — 6:39pm Text size Copy shortlink: DULUTH – St. Louis Park-based Saturday Properties has agreed to pay $3 million for Duluths Historic Old Central High School, an iconic landmark known for its clock tower. Duluth Public Schools released details of the purcha...
April 15, 2021
WDIO Created: April 14, 2021 10:06 PM Historic Old Central High School in Downtown Duluth wont host school board meetings and district offices for long. The school board has entered into a purchase agreement with developer Saturday Properties, based out of St. Louis Park, Minnesota. On Wednesday, the developer shared more about their plans to convert the iconic Duluth building into apartments. WDIO-TV/File Mark Laverty, Director of Development for Saturday Properties said they...
April 10, 2021
Historic Old Central High School Could Become Mixed-Income Housing Units Saturday Properties, a development company out of St. Louis Park, emerged as a front runner to purchase the school back in October. April 9, 2021 DULUTH, Minn. — The Historic Old Central High School could soon be turned into 121 units of mixed-income housing. Saturday Properties, a development company out of St. Louis Park, emerged as a front runner to purchase the school back in October. The school is currently in dang...