The New Brighton Exchange
The 100+ acre site was home to many outdated and entrenched industrial land uses anchored in place due to emerging environmental laws and lack of alternative locations. Because of the unique challenges facing the site, the city took an active role in acquiring the properties and leading environmental remediation efforts. Over approximately the last decade, the area has transformed from one of the city’s most polluted and unsightly areas into a thriving area to work and live. Once valued at just under $4M, the area’s value now exceeds $100M and continues to grow.
For more information and background, or to view the only remaining development site within the Exchange, please visit the city’s project page.
New Brighton, MN 55112