CBRE recently represented Ryan Companies in a land sale to Pulte Homes, the first phase of land to develop Rowhomes in Highland Bridge, a 122-acre mixed-use redevelopment within the former Ford Plant site along Ford Parkway and Mississippi River Parkway in St. Paul, Minnesota.
Upon completion, Pulte Homes will build 320 Rowhomes on 23 acres.
Brian Pankratz of CBRE Minneapolis represented the seller in the transaction.
“Highland Bridge will provide Pulte Homes a unique development opportunity to sell 320 rowhomes in a product new to the Twin Cities,” said Pankratz.
Highland Bridge is currently in the process of infrastructure improvements including grading, utility extension and street construction.
Pulte Homes is scheduled to begin construction in late 2020, with plans to open for touring and selling in Spring 2021.