WORK ADVANCES ON NEW DOWNTOWN MIXED-USE PROJECT

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No, this is not just a parking ramp being built, it’s so much more.

If you’ve been by 625 4th Avenue S in Downtown Minneapolis you’ve probably noticed a mass of concrete rising. That’s because work is well-underway on a new mixed-use project that will replace a surface parking lot operated by Interstate Parking for decades

The new mixed-use building will actually wrap around and entirely conceal a new eight and a half story parking ramp. In total the ramp will have 750 parking spaces and will be managed by Interstate Parking. It’ll also be connected to Thrivent Financial’s current and future headquarters via a new skyway building. The mixed-use portion of the project will include 107 apartments ranging in size from studios to two bedrooms along with 1,608 square feet of skyway level retail space.

The exterior of the building will have a modern design and will be clad in masonry, metal panel and precast concrete. Residents of the building will have access to a large 8th floor amenity level that will include a clubroom, fitness center and large outdoor terrace.

ESG Architects is responsible for the design of the project while Reuter Walton Development and Hempel Companies are co-developing it. Construction is expected to wrap on the building in late 2019.