Downtown Revival Trust

Downtown
Revival
Trust

Historic Saint Paul Real Estate
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§ I

Mission

The Downtown Revival Trust invests to preserve and revitalize important iconic historic buildings in Downtown Saint Paul. This preserves the historic legacy of the Capital City, enhances its physical beauty, and sustainably adapts properties for new uses that can enhance the vibrancy of downtown. As its name implies, the Trust is a steward of these important assets and seeks to make positive impacts to the community that last generations.

The Trust also invests in commercial businesses that are located in downtown Saint Paul and that commit to adding jobs, enhancing the city's tax base, and can enhance the vibrancy and attractiveness of downtown.

Read more about Jamie Rand →
332 Minnesota Street
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180 E 5th St
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August 6, 2026 · Saint Paul

The Sign
Shines Again

First National Bank Building
The lights are on.
#ShineOnSaintPaul
· Saint Paul
Read the announcement →
§ III

Investments

The Downtown Revival Trust has committed up to $1 million of equity capital to commercial businesses located in Downtown Saint Paul under a competitive judged business plan format, to be implemented through 2028.

Saint Paul at street level
A jazz quartet playing on a small stage at a Lowertown bar
Dark Horse Bar & Eatery
A bartender pouring at a row of taps beside filled glasses
Gambit + Barrel Theory
A tray of cream-filled brioche pastries on a bakery counter
So Yen
Lit ground-floor storefronts along CHS Field at dusk
CHS Field
§ IV

Partners

The Downtown Revival Trust works closely with key strategic partners to identify opportunities and professionally execute redevelopments.

H
Redevelopment Advisors
Hedmark Advisors
G
Public Affairs
Goff Public
N
Historic Consultant
New History
Photographed in the banking hall · First National Bank Building
§ VI

In the News

Jamie Rand speaking at a podium at the relighting of the “1st” sign
Jamie Rand at the relightingAug 6, 2026
The new Downtown Revival Trust aims to acquire, restore and reposition properties in the St. Paul core.
Mpls/St. Paul Business Journal · April 2026
Sep 10, 2026 · ACCESS Newswire
Florida Investor Jamie Rand Acquires St. Paul's 375 Jackson St. and 135 5th St.

The Trust’s official announcement of the September 10 acquisition of 375 Jackson St and 135 5th St.

Read at ACCESS Newswire
Sep 2, 2026 · Community Reporter
First National Bank Building's Iconic '1st' Sign Shines Again Over St. Paul

The relighting of the "1st" sign on August 6, and what it signals for the building.

Read at Community Reporter
Apr 23, 2026 · Star Tribune · Subscription
Florida real estate investor buys downtown St. Paul's Great Northern Building and eyes others

The first major coverage of the Trust — the Great Northern acquisition, and the buildings to come.

Read at Star Tribune
All coverage →
§ VII

Contact

Redevelopment Advisor
Hedmark Advisors LLC
Jamie Stolpestad
Public Affairs Advisor
Jen Hellman
CEO / President · Goff Public
C 612-202-3468
Correspondence
Please use the form to get in touch.
A Letter
Guests on a downtown rooftop photographing the Saint Paul skyline at sunset
Downtown at dusk, from the roof of the First National Bank BuildingSaint Paul