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Coordinates: 47°36′24.1″N 122°20′14.4″W / 47.606694°N 122.337333°W / 47.606694; -122.337333
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'''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|UBS Financial Services]].
'''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|UBS Financial Services]], architecture firm TKDA, and several law firms.<ref name="MSBJ"/>


==History==
==History==
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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.<ref>{{cite news |date=June 11, 1987 |title=Conwed Tower to become Meritor Tower |page=4M |work=[[Minneapolis Star and Tribune]] |url=https://www.newspapers.com/clip/20911495/conwedmeritor/ |via=[[Newspapers.com]] |accessdate=June 12, 2018}} {{open access}}</ref> 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.<ref>{{cite news |last=Meryhew |first=Richard |date=October 26, 1990 |title=St. Paul Port Authority's credit rating still imperiled |page=7B |work=Star Tribune |via=Newspapers.com |accessdate=June 12, 2018}} {{open access}}</ref> The tower was renamed to Piper Jaffray Plaza after [[Piper Jaffray]] moved its offices into the building in 1993.<ref>{{cite news |last=McAuliffe |first=Bill |date=May 5, 1993 |title=Piper Jaffray to move to Meritor Tower, give its name to building |page=1B |work=Star Tribune |url=https://www.newspapers.com/clip/20911565/piper_jaffraymeritor/ |via=Newspapers.com |accessdate=June 12, 2018}} {{open access}}</ref>
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.<ref>{{cite news |date=June 11, 1987 |title=Conwed Tower to become Meritor Tower |page=4M |work=[[Minneapolis Star and Tribune]] |url=https://www.newspapers.com/clip/20911495/conwedmeritor/ |via=[[Newspapers.com]] |accessdate=June 12, 2018}} {{open access}}</ref> 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.<ref>{{cite news |last=Meryhew |first=Richard |date=October 26, 1990 |title=St. Paul Port Authority's credit rating still imperiled |page=7B |work=Star Tribune |via=Newspapers.com |accessdate=June 12, 2018}} {{open access}}</ref> The tower was renamed to Piper Jaffray Plaza after [[Piper Jaffray]] moved its offices into the building in 1993.<ref>{{cite news |last=McAuliffe |first=Bill |date=May 5, 1993 |title=Piper Jaffray to move to Meritor Tower, give its name to building |page=1B |work=Star Tribune |url=https://www.newspapers.com/clip/20911565/piper_jaffraymeritor/ |via=Newspapers.com |accessdate=June 12, 2018}} {{open access}}</ref>


It was sold to [[RAIT Financial Trust]] in 2012 and acquired by CIG-UBS in 2017 for $14 million.<ref>{{cite news |last=Reilly |first=Mark |date=May 26, 2017 |title=UBS Plaza in St. Paul sells fetches $14 million in sale |url=https://www.bizjournals.com/twincities/news/2017/05/26/ubs-plaza-in-st-paul-sells-fetches-14-million-in.html |work=[[Minneapolis/St. Paul Business Journal]] |accessdate=June 12, 2018}}</ref>
It was sold to [[RAIT Financial Trust]] in 2012 and acquired by CIG-UBS in 2017 for $14 million.<ref name="MSBJ">{{cite news |last=Reilly |first=Mark |date=May 26, 2017 |title=UBS Plaza in St. Paul sells fetches $14 million in sale |url=https://www.bizjournals.com/twincities/news/2017/05/26/ubs-plaza-in-st-paul-sells-fetches-14-million-in.html |work=[[Minneapolis/St. Paul Business Journal]] |accessdate=June 12, 2018}}</ref>


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.<ref>{{cite news |last=Vezner |first=Tad |date=June 12, 2018 |title=Stranded raccoon makes a run for it — 22 stories up a St. Paul office building |url=https://www.twincities.com/2018/06/12/raccoon-climbs-st-paul-mn-office-building-ubs/ |work=[[St. Paul Pioneer Press]] |accessdate=June 12, 2018}}</ref><ref>{{cite news |last1=Harlow |first1=Tim |last2=Sawyer |first2=Liz |date=June 12, 2018 |title=Stranded raccoon scales skyscraper in downtown St. Paul |url=http://www.startribune.com/all-eyes-are-on-raccoon-perched-on-ledge-of-st-paul-skyscraper/485278171/ |work=Star Tribune |accessdate=June 12, 2018}}</ref> The raccoon's climb was livestreamed online and was covered by local television stations.<ref>{{cite news |last1=Brulliard |first1=Karin |last2=McMillan |first2=Keith |date=June 12, 2018 |title=A raccoon is scaling the side of a tall skyscraper, and it’s incredibly stressful |url=https://www.washingtonpost.com/news/animalia/wp/2018/06/12/a-raccoon-is-scaling-the-side-of-a-tall-skyscraper-and-its-incredibly-stressful/?noredirect=on&utm_term=.e1895592cfa9 |work=[[The Washington Post]] |accessdate=June 12, 2018}}</ref> The raccoon reached roof of the 25-story bulding at 2:30 a.m. the following morning.<ref>{{cite news |last=Sapra |first=Bani |date=June 13, 2018 |title=Raccoon captivates internet with Minnesota skyscraper climb |url=https://www.cnn.com/2018/06/13/us/raccoon-minnesota-intl/index.html |publisher=[[CNN]] |accessdate=June 13, 2018}}</ref>
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.<ref>{{cite news |last=Vezner |first=Tad |date=June 12, 2018 |title=Stranded raccoon makes a run for it — 22 stories up a St. Paul office building |url=https://www.twincities.com/2018/06/12/raccoon-climbs-st-paul-mn-office-building-ubs/ |work=[[St. Paul Pioneer Press]] |accessdate=June 12, 2018}}</ref><ref>{{cite news |last1=Harlow |first1=Tim |last2=Sawyer |first2=Liz |date=June 12, 2018 |title=Stranded raccoon scales skyscraper in downtown St. Paul |url=http://www.startribune.com/all-eyes-are-on-raccoon-perched-on-ledge-of-st-paul-skyscraper/485278171/ |work=Star Tribune |accessdate=June 12, 2018}}</ref> The raccoon's climb was livestreamed online and was covered by local television stations.<ref>{{cite news |last1=Brulliard |first1=Karin |last2=McMillan |first2=Keith |date=June 12, 2018 |title=A raccoon is scaling the side of a tall skyscraper, and it’s incredibly stressful |url=https://www.washingtonpost.com/news/animalia/wp/2018/06/12/a-raccoon-is-scaling-the-side-of-a-tall-skyscraper-and-its-incredibly-stressful/?noredirect=on&utm_term=.e1895592cfa9 |work=[[The Washington Post]] |accessdate=June 12, 2018}}</ref> The raccoon reached roof of the 25-story bulding at 2:30 a.m. the following morning.<ref>{{cite news |last=Sapra |first=Bani |date=June 13, 2018 |title=Raccoon captivates internet with Minnesota skyscraper climb |url=https://www.cnn.com/2018/06/13/us/raccoon-minnesota-intl/index.html |publisher=[[CNN]] |accessdate=June 13, 2018}}</ref>

Revision as of 15:12, 14 June 2018

UBS Plaza
Map
General information
StatusCompleted
TypeOffice
Address444 Cedar Street
St. Paul, Minnesota
Coordinates47°36′24.1″N 122°20′14.4″W / 47.606694°N 122.337333°W / 47.606694; -122.337333
Completed1980
OwnerCIG-UBS
Height305 feet (93 m)
Technical details
Floor count25
Floor area229,600 square feet (21,330 m2)
Design and construction
Architecture firmSkidmore, 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 roof of the 25-story bulding at 2:30 a.m. the following morning.[9]

See also

References

  1. ^ UBS Plaza at Emporis
  2. ^ a b 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. Open access icon
  4. ^ Meryhew, Richard (October 26, 1990). "St. Paul Port Authority's credit rating still imperiled". Star Tribune. p. 7B – via Newspapers.com. {{cite news}}: |access-date= requires |url= (help) Open access icon
  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. Open access icon
  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.