Press
News coverage of Kaeding Development Group and our projects. For media inquiries, email info@kaeding-group.com.
Stella
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Pioneer Press
Stella Apartments Open on Wabasha in Downtown St. Paul
The Stella welcomes its first residents to the former Ecolab tower on Wabasha Street.
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FOX 9
Latest Office-to-Residential Redevelopment Opens in Downtown St. Paul
Carl Kaeding on the three-year, $70 million conversion of the former Ecolab tower into 176 apartments.
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KARE 11
New Developments in Saint Paul Mark the Start of Downtown's Transformation
Stella's opening as part of a new chapter for downtown St. Paul.
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Star Tribune
Minneapolis, St. Paul Seeing Early Success With Downtown Office Spaces Converted to Housing
Office-to-housing conversions, including Stella, gaining traction in both downtowns.
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REjournals
Inland completes equity raise for QOZ project in downtown St. Paul
Inland closes Opportunity Zone equity for The Stella, with Kaeding as its development partner.
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Minneapolis / St. Paul Business Journal
Converting a Downtown Office Tower Into Homes
The financing and construction behind turning a vacant office shell into Stella.
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Sunrise Banks
Inside The Stella: the Challenges of Turning an Office Tower into Homes
The construction lender's look at the tower's history and the work of building new homes inside it.
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Multifamily Dive
Former Ecolab tower in St. Paul undergoes $68M conversion
How a market-rate office-to-apartment conversion works under St. Paul housing rules.
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REBusinessOnline
PACE Loan Group Provides $15.8M C-PACE Loan for Office-to-Multifamily Conversion Project in St. Paul
Energy-efficiency financing for the conversion, with a floor-by-floor look at the planned building.
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Urban Land
Tackling Office-to-Residential Conversion in St. Paul
The Ecolab building's purchase and plan for Class A apartments, in the context of St. Paul's conversion push.
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KSTP
Developer converting abandoned St. Paul high-rise into downtown housing
Kaeding is named developer of the long-stalled tower, restarting its conversion to housing.
Evoni
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REBusinessOnline
Inland Completes 261-Unit Evoni Apartments in Milwaukee's Historic Third Ward
Evoni is completed by the Inland and Kaeding joint venture.
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Urban Milwaukee
Friday Photos: New Apartment Building Rises In Summerfest's Shadow
A construction photo tour of Evoni next to the Summerfest grounds.
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The Daily Reporter
BUILDING BLOCKS: VJS Construction builds up Evoni Apartments
A look at the general contractor's work on the building.
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REBusinessOnline
Inland Closes $27M Capital Raise for 261-Unit Luxury Apartment Complex in Milwaukee's Historic Third Ward
Equity for the Third Ward project, developed with joint venture partner Kaeding.
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Urban Milwaukee
Plats and Parcels: Developer Pays $6 Million For Third Ward Site
Kaeding buys the 2.85-acre site from the Italian Community Center.
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Urban Milwaukee
Eyes on Milwaukee: Design Board Okays Third Ward Project
The Third Ward design board approves Kaeding's five-story apartment building near Summerfest.
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BizTimes Milwaukee
Breaking ground: Third Ward apartment complex
Early plans for the five-story Third Ward apartment building and garage.
Ardor
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Northmarq
Northmarq's Debt + Equity team secures $50M refinancing of 235-unit multifamily property in Twin Cities metro
A $50 million refinancing of the 235-unit building on the bluffs in Bloomington's South Loop.
Foxtail Hollow
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Star Tribune
You don't need to be a real estate mogul to start a property investment portfolio
How Kaeding, through Auor Capital, opened Foxtail Hollow to everyday investors.
St. Paul Gateway
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FOX 9
Apostle Supper Club in St. Paul prepares to debut
A preview of the Palm Springs-style supper club on the ground floor of the Arlow.
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Multi-Housing News
Inland Opens St. Paul Apartments
The 144-unit Arlow on Kellogg opens with Kaeding as partner, already well leased.
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REBusinessOnline
Colliers Mortgage Provides $14.9M Loan for Construction of New Hotel in St. Paul, Minnesota
Construction financing for the Courtyard by Marriott at the Gateway, across from Xcel Energy Center.
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The Development Tracker
1960's Supper Club and Tiki Bar to Open Next to Xcel Energy Center
The Apostle supper club and a tiki bar sign on for the Arlow's ground floor.
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Twin Cities Business
Game-Changing Commercial Real Estate Developments
The Gateway hotel and apartments make a roundup of major Twin Cities projects.
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The Development Tracker
Xcel Energy Center Is Getting A New Neighbor
The plan for apartments, a Courtyard by Marriott and a public plaza across from the arena.
Crowne Plaza Suites & MSP Aire Apartments
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Bring Me The News
Proposal would turn part of Bloomington hotel into micro apartments
The plan to add apartments of several sizes, including affordable units, inside the hotel.
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Axios Twin Cities
Bloomington's Crowne Plaza Aire hotel to convert rooms into tiny apartments
Kaeding's proposal to convert much of the airport hotel into apartments.
Residence Inn by Marriott
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REjournals
Residence Inn by Marriott opens in downtown St. Paul
The 100-suite hotel on Grand Avenue opens, developed by Kaeding and managed by Compass45.
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Star Tribune
New hotel opens in St. Paul's West 7th neighborhood
The new Residence Inn opens alongside the historic firehouse being restored next door.
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REBusinessOnline
Dougherty Provides $15.1M Construction Loan for Hotel in St. Paul, Minneosta
Construction financing for the Grand Avenue hotel, which includes preserving the historic firehouse.
Radisson Harborview
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Duluth News Tribune
Radisson in Duluth begins $4 million renovation
A floor-by-floor renovation of every guest room and the public spaces, with the hotel kept open.
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Duluth News Tribune
Duluth Radisson hotel's new owner plans face-lift
Kaeding buys the landmark round hotel and lays out plans to renovate it.
Hampton Inn & Suites
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Meetings Today
New Hampton Inn & Suites Opening in Minneapolis University Area
The 117-room hotel near the University of Minnesota, built with reclaimed wood and brick from a former factory.
Holiday Inn Express, Albert Lea
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Albert Lea Tribune
A.L. gets new hotel
The grand opening of the Holiday Inn Express near I-35, with Carl Kaeding speaking as part owner.
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Albert Lea Tribune
New hotel coming to Albert Lea
The city sells a business park lot to the Kaeding group for a new Holiday Inn Express.
Company news
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The Daily Reporter
200-unit riverfront apartment building gets OK in Milwaukee
An early city approval for Kaeding's riverfront apartments in Milwaukee's Harbor District.
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BizTimes Milwaukee
Developer plans 12-story apartment building along Milwaukee River near Third Ward
Kaeding files plans for a 12-story apartment building at 234 S. Water St.
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Urban Milwaukee
New Developer Hopes To Resurrect Harbor District Plan
Kaeding's riverfront tower proposal, with an update on how Evoni is leasing.