UBS Plaza
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UBS Plaza is a 25-story high-rise
office building An office is a space where an organization's employees perform administrative work in order to support and realize objects and goals of the organization. The word "office" may also denote a position within an organization with specific dut ...
in downtown
St. Paul, Minnesota Saint Paul (abbreviated St. Paul) is the capital of the U.S. state of Minnesota and the county seat of Ramsey County. Situated on high bluffs overlooking a bend in the Mississippi River, Saint Paul is a regional business hub and the center o ...
. The building was completed in 1980 as part of the
Town Square A town square (or square, plaza, public square, city square, urban square, or ''piazza'') is an open public space, commonly found in the heart of a traditional town but not necessarily a true square, geometric square, used for community gathe ...
mixed-use complex. It is occupied by
UBS Financial Services UBS Group AG is a multinational Investment banking, investment bank and financial services company founded and based in Switzerland. Co-headquartered in the cities of Zürich and Basel, it maintains a presence in all major financial centres ...
, architecture/engineering firm TKDA, and several law firms.


History

The building was completed in 1980 and originally named the Conwed Tower. After the Meritor Mortgage Corporation moved into the top two floors of the towers in 1987, it was renamed to Meritor Tower. The tower was originally owned by a consortium of limited partnerships, but the Saint Paul Port Authority was forced to takeover in 1991 after a lawsuit revealed financial issues. The tower was renamed to Piper Jaffray Plaza after Piper Jaffray moved its offices into the building in 1993. It was sold to RAIT Financial Trust in 2012 and acquired by CIG-UBS in 2017 for $14 million.


MPR Raccoon

On June 12, 2018, a stranded raccoon climbed to the 22nd story of the tower and became an internet sensation, attracting onlookers while
animal control An animal control service or animal control agency is an entity charged with responding to requests for help with animals ranging from wild animals, dangerous animals, or animals in distress. An individual who works for such an entity was once kno ...
attempted to trap it. The raccoon's climb was livestreamed online and was covered by local television stations. The raccoon reached the roof of the 25-story building at 2:30 a.m. the following morning. The name "MPR Racoon" was attributed to Minnesota Public Radio employees who worked across the street.


See also

* List of tallest buildings in St. Paul


References

{{reflist Skyscraper office buildings in Saint Paul, Minnesota Office buildings completed in 1980 1980 establishments in Minnesota