Exeter Realty Company and Ironton Asset Fund of St. Paul, Minn., held a grand-opening and ribbon-cutting ceremony of their transit-oriented historic rehab, C & E Lofts. The multi-family development is located on University Avenue in the South Saint Anthony Park neighborhood of St. Paul.
The celebration was held June 20 at the grand staircase of the former Chittenden & Eastman Building.
Originally built in 1917 by M. Burg and Sons as a furniture showroom and warehouse, the Chittenden & Eastman Company took over the building in 1927. In the 1950s the building became widely known as the Chittenden & Eastman Building. Over time, the C & E Building has been home to a furniture store, a mattress warehouse, offices and artist lofts. Exeter Realty and Ironton Asset Fund purchased the building in the fall of 2011 and embarked on an extensive historic preservation project.
The renovations were completed this past January, and 104 lofts were available for rent. The building features high-tech amenities such as MAC labs, a conference room, several lounge spaces, fitness center, bike-friendly workstation and storage and a rooftop deck featuring a fire-pit and Minneapolis skyline views.
C & E Lofts is leased to 98-percent occupancy and has been awarded the Best Adaptive Reuse title from both the St. Paul Heritage Preservation Commission and The St. Paul Chapter of the American Institute of Architects.
Lease-up and management services for C & E Lofts have been provided by Steven Scott Management, Inc.
