A new plan has emerged to build a 225-room Holiday Inn and Suites hotel at Second Street and 13th Avenue Southwest, across from Mayo Clinic's Francis Building.

A Sioux Falls, S.D., developer purchased the Pioneer Press headquarters building for $3.5 million and plans to redevelop it into 150 to 168 apartments.

A South Dakota developer who has three Rochester apartment complexes in the works is expanding into the less expensive market of St. Paul by buying the Pioneer Press building.