Big boxes · Minnesota
Former Sears store on Rice Street
St. Paul Sears site closed since 2019, sold 2023, plans undetermined; adjacent to active retail but no development details. · summary, model-written
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Site profile7 elements · what this retrofit is built with · tap a chip for the evidence
Sold since 2020
This site: 2023 Pacifica St. Paul LLC research-deals · all sites with this3+ other atlas sites within 10 km
This site: 4 within 10 km computed · all sites with this30,000+ vehicles a day on an adjacent road
This site: 121,914 on 94 fhwa-hpms · all sites with thisCounty lost 10%+ of retail establishments since 2012
This site: -14% census-cbp · all sites with thisInterstate or freeway within 600 m
This site: 94 fhwa-hpms · all sites with thisRedeveloped
This site: …plans for the property are still to be determined record · all sites with thisMixed use
This site: …new_use field newtypes-extraction · all sites with thisNow
| Status | ClosedWikipedia |
|---|---|
| Strategy | RedevelopedWikipedia |
| New uses | mixedWikipedia |
| What is there now | plans for the property are still to be determinednewtypes-extraction |
| Redeveloper | Pacifica St. Paul LLCnewtypes-extraction |
Deals and debt
| Date | Event | Price | Parties | Source |
|---|---|---|---|---|
| 2023 | Sold | $7.0M closed | Pacifica St. Paul LLC ← Seritage SRC Finance LLC | finance-commerce.com |
Site context
| Housing permits, Ramsey County (MN), 2024 | 802 units in 5+ unit buildings, 80 in 2–4, 202 single-family; 2023: 1,581 in 5+Census BPS |
|---|---|
| Other atlas sites nearby | 4 within 10 km, 28 within 25 km: Hmongtown Marketplace (0.9 km); Dayton's-Schuneman building (1.1 km); Bandana Square (4.2 km); Ponds at Battle Creek (7.7 km)computed |
| Retail trade in the county, 2012 to 2023 | 1,431 establishments (-14%); 26,110 jobs (-1%)Census CBP |
| Housing market in the county | typical home value $334,747 (+2% 1 yr, +9% 5 yr); typical rent $1,543/mo (+3% 1 yr), 2026-09Zillow Research |
| Traffic on the busiest road within 600 m (2024) | 121,914 vehicles a day on 94 (Interstate, 6 lanes); 6,706 trucks; 28 counted segmentsFHWA HPMS |
Summary, model-written
Closed since 2019, sold for $7M in 2023 to Pacifica St. Paul LLC. Plans for redevelopment remain undetermined per record.
Why. Nearby operating retail (Hmongtown Marketplace 0.9km away) but no current development plans specified. Housing market shows modest growth (ZHVI $334k, +1.7% YoY).
Where it stands. Property status: closed. Developer: Pacifica St. Paul LLC. No new use confirmed.
For a planner
- Vacant since 2019, adjacent to active retail cluster (Hmongtown Marketplace).
- No development plans documented; zoning or approvals not referenced.
For a developer
- Acquired 2023 for $7M; mixed-use strategy noted but no project details.
- Peer sites (e.g., Oakdale Mall, 11km away) show similar redevelop plans but low scores (5.5).
What we do not know yet
- No current project timeline or design.
- Housing market data is projected (2026-09), not current.
Generated by qwen3-30b-a3b-64k:latest on Dell 5820 RTX 3090 (Ollama, qwen3-30b-a3b) from the fields, parcels, deals and context layers on this page, with no outside knowledge. It is regenerated when the record changes and has not been checked by a person. How it is made.
Similar sites
- Ponds at Battle Creek, Maplewood, MN · Golf courses · same strategy: redevelop; also in MN; 8 km away
- Bay Center Mall, Wayzata, MN · Malls · same strategy: redevelop; also in MN; 32 km away
- Oakdale Mall, Oakdale, MN · Malls · same strategy: redevelop; also in MN; 11 km away
- Kmart at Nicollet Avenue, Minneapolis, MN · Big boxes · same strategy: redevelop; also in MN; 13 km away
Elsewhere on the web
Search images: Google · Bing · Commons · references: ULI case studies · Google Scholar
Multifamily screen
- closed or demolished per category only, +0 until sourced
- housing in the record
Inputs: record fields (size, status) and county Census ACS 2018–2023 figures (growth, rent). How the points work. Not a recommendation.
History and original facts
| County | Ramsey County |
|---|---|
| Census division | 4 · West North Central |
| Notes | Draft from finance-commerce.com, model-extracted, unreviewed: The former Sears store on Rice Street in St. Paul, operating from 1963 to 2019 on a 17-acre site, was sold in 2023 for $7 million with plans for mixed-use redevelopment still to be determined. |
Not yet recorded: acres, GLA, year opened, original developer, retrofit year. Know it? Tell us.
Timeline
- 1963 Sears began to operate
- 2019 Store has been vacant
- 2023 Property sold for $7 million
Sources
- Sears site near State Capitol sells for $7M - Finance & Commerce
4 quoted sentences
Former Sears store on Rice Street
Finance & Commerce reported in 2013 that Hoffman Estates, Illinois-based Sears floated plans to build new retail, offices, townhomes and apartments at the property, where it began to operate in 1963.
The store has been vacant since 2019.
Pacifica St. Paul LLC of Aurora, Illinois, purchased the property at 425 Rice St. from New York-based Seritage SRC Finance LLC, an asset related to Seritage Growth Properties, according to a certificate of real estate value made public this week.
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