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October 4, 2018
CSP Signs Purchase Agreement to Acquire Central Midway Building
Concordia University, St. Paul has announced it has signed a purchase agreement subject to specific contingencies to buy the entire Central Midway Building on the north side of I-94 across from Holst Hall. CSP has been leasing a number of floors in the nine-story facility since 2015 as program growth made it necessary to expand the campus footprint.
“This acquisition allows Concordia the strategic opportunity to continue serving the needs of our students by providing much-needed space to grow and expand our academic offerings,” CSP President Dr. Tom Ries said. “As we celebrate the 125th anniversary of this institution, we look forward to our continued community partnership in the Lex-Ham neighborhood.”
CSP currently utilizes three full floors and a portion of a fourth in the Central Midway Building as it houses Concordia’s Doctor of Physical Therapy and Nursing programs, as well as the Office of Advancement, Office of Alumni Relations and a number of graduate program faculty offices.
“With ‘Vision 2024’ launching this fall, the Midway facility will allow an amazing opportunity for CSP to expand programs serving our growing population of metro learners and provide a location for opportunities of students to engage in community clinics within the St. Paul community,” said Provost and Chief Operating Officer Dr. Eric E. LaMott.
Concordia has been a constant anchor in this area of St. Paul for over a century and has witnessed a tremendous amount of change, including losing its own football field in the 1960s due to the construction of I-94. The Midway and Lex-Ham areas are currently undergoing even more changes with the construction of Allianz Field (opening in Spring 2019) and new Midway Peace Park, which will be adjacent to the Central Midway property.