ARDEN HILLS, MINN. — The U.S. General Services Administration (GSA) has sold a 427-acre portion of the Twin Cities Army Ammunition Plant (TCAAP) in Arden Hills to Ramsey County for $28 million. The sale is part of GSA's ongoing efforts to dispose of excess federal property to save taxpayer dollars and make more efficient use of the government's real estate assets. The deal transfers ownership of 397 acres to Ramsey County immediately, while the remaining 30 acres will be transferred to the county after it conducts environmental remediation, which is expected to take approximately three years. GSA's disposal team in Boston facilitated the sale. The property is a portion of the former Twin Cities Ordnance Plant, which occupied nearly four square miles during World War II. The Army constructed 323 buildings and employed 24,000 civilian and military personnel at the peak of production.
GSA SELLS ARDEN HILLS' AMMUNITION PLANT FOR $28M
253
previous post