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The University of Minnesota paid $2.1 million for the 34,000-square-foot former YMCA parking lot at 709 First Ave. SW on Oct. 10. It has been buying land in that area for a future campus since 2009.
As part of its “master plan” to eventually develop a Rochester downtown campus, the University of Minnesota Rochester recently paid $770,000 for the former Running Room building and land at 711 S. Broadway.
UMR's long-term plans for building a downtown campus seem to be moving forward again with the confirmation that the university is buying the former Running Room building.