EXCERPT: “A long-vacated office building in South St. Paul is slated to be converted into a 68-unit apartment complex, and city officials anticipate it will spur other apartments and retail in a corridor that currently lacks both. Minneapolis developer Master Properties has received approval from the city council to renovate and repurpose the roughly 70,000-square-foot, four-story building at 161 N. Concord Exchange, just north of Interstate 494 and east of Concord Street. The project, estimated to cost $10 million, will bring new apartments to the city for the first time in nearly a decade, said Ryan Garcia, the city’s economic-development manager.” FULLSTORY: