The Mess at Sexton: More Details

by Alex Stenback on April 28, 2008

Front and center in the business section today is a massive version of the photo above, via Star Tribune.

Accompanied by an article with more detail on the ongoing saga down at the Sexton, where only 36 of 123 units are occupied, and the entire project is a messy tapestry of fraud, foreclosure, and lawsuits.

"[The Sexton] doesn’t come up in conversations very often, but when it does, the comment usually is something like ‘That place is really a mess,’" Melchior said.

We’d expect to see some indictments for some of the principal actors soon, and one wonders whether the Sexton Building will be given similar treatment as the TJ Waconia, and is being set up for city administration/ownership/receivorship.
Sexton Building: That Place is a Mess [Strib]

{ 2 comments… read them below or add one }

Blog Guru April 29, 2008 at 8:34 am

A similar problem is unfolding at the Loop Calhoun condominiums. I heard the lender already foreclosed the property, the developer quit paying the association fees and the project is in real bad trouble.

Eric James May 8, 2008 at 1:34 pm

Like Christian Siriano would say, that Sexton is a “HOT MESS!”

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