Residential

MEET SABLE. THE NORTH LOOP'S NEWEST AND MOST UNIQUE CONDO PROJECT.

A brand-new residential project under construction in the North Loop has made the switch from apartments to condos.

Yes, you did in fact read that correctly. There are condos available in the North Loop.

Sable is a nine-story residential building currently under construction at 728 North Third Street. The project is being developed by United Properties and Greco and is a part of United Properties larger development, The Nordic.

When Sable opens next month (June 2019) there will be 57 condo units located within the building, 70% of which have already been reserved.

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A DIFFERENT TYPE OF CONDO

Sable is different than other condo properties not just because it’s an absolutely stunning building (shout out to BKV Group for their design work), but also because of the types of condos the building includes.

What makes these units so different? The condo units at Sable are geared towards buyers who have the option to use them for short-term rentals in addition to living there.

What does that actually mean? While you’d own the condo, you’d have the ability to decide to call the place home or to rent it out. That’s something that typically other condo properties don’t offer which makes buying a condo such a commitment. At Sable you can not only have a stunning place to live and own but you also have a chance to make an income.

When it comes to renting out your unit, owners at Sable will be able to do so on platforms like Airbnb and VRBO. MINNeSTAY, a Minnesota based company that manages vacation properties, will manage Sable once complete.

SO, WHY THE SWITCH? 

When Sable was announced by United Properties and Greco last year the building was planned to include 57 luxury apartment units. Just recently the co-developers decided to make a somewhat major change, switching the units from apartments to condos.

What prompted the change? The slight softening of the rental market.

There are a ton of apartments coming online (we’re talking thousands) not only this year but over the next few years. What are there far less of coming online? Condos. While there are a few condo projects in the works such as Alia and ELEVEN (those two projects ALONE will bring nearly 700 new condos to the city), the city is seeing mostly, if not almost entirely, apartments being built. 

The North Loop, one of the city’s most trendiest and affluent neighborhoods, isn’t any exception to the apartment trend. In the last few years a number of apartment buildings have been constructed in the area including Variant, The Paxon, Third North and more. The problem with that is that there are many individuals who live in the North Loop would truly rather own than rent if possible.

With that being said, while evaluating what the future might include for Sable United Properties and Greco decided that it would make more sense for them to sell the units they were developing rather than renting them.

BUILDING DETAILS

Units within Sable will range in price from $250,000 to $975,000.

The lower end of that price spectrum will get you a studio or alcove with around 450 or more square feet of space. One-bedroom units with around 650 square feet of space will be available from the upper $300,000s. The largest units within the building will go for the upper end of the price spectrum. Those units include a two level one-bedroom penthouse along with a large two-bedroom, two and a half bath penthouse that includes a large living room, gourmet kitchen, a private outdoor balcony and absolutely stunning views of the skyline. You can view the 11 different unit layout options at Sable here.

Amenities for those who decide to call Sable home will include a ground floor private member’s lounge and a fitness center. The building will also have a large outdoor rooftop area that will include fireplaces, an outdoor kitchen area, lounge areas and of course those stunning views of Downtown Minneapolis. 

Last but not least, when it comes to parking at Sable it couldn’t get more convenient. Being some of the units within the building wrap around the adjacent parking garage some owners will actually be able to park on the same floor of their unit. That makes unloading that car filled with groceries a whole lot easier.

HOW TO SECURE A UNIT AT SABLE?

With all this conversation on this amazing condo opportunity within the North Loop you’re probably wondering how in the world you can secure one of the units at Sable.

As we mentioned above, there are 57 units in total within the project and nearly 70 percent of them have already been reserved. But that’s not 100%, is it?

So, here’s how you can get your hands on a unit at Sable.

First, visit their website here to learn more. Then, contact Joe Grunnet of Downtown Resource Group (DRG) who is responsible for selling the units at Sable. He’s there to answer any and all of the questions you might have about securing one of the truly unique condos at Sable.

Sable is located at 728 North Third Street in the North Loop neighborhood. The project team includes United Properties, Greco, BKV Group, DRG, MINNeStay, RJM Construction, LHB and Gassen.

 

NEW RENDERINGS RELEASED FOR UNITED PROPERTIES GATEWAY PROJECT

The time has finally come for United Properties’ Gateway mixed-use tower to rise and with that comes new renderings.

Site prep has officially begun at the site located at the corner of Third Street and Nicollet (or Washington Avenue S and Hennepin Avenue depending on how you look at it). What once was a full city block of surface parking will soon give way to a new 36 story mixed-use tower complete with office and retail space along with the Four Seasons Hotel & Private Residences.

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YEARS IN THE MAKING

If you’ve been following this project with us then you already know it has been in the works for years.

With the project going through a number of design changes throughout the years, and especially this past year, it had become somewhat unclear as to what the the final design might actually look like.

Well, good news. With the recent confirmation that the Four Seasons Hotel & Private Residences will open within the building we do know that the project will truly be mixed-use.

With those details having now been solidified United Properties has posted updated renderings of the project on their website and we’ve got them right here for you to feast your eyes on.

EXTERIOR DESIGN CHANGES

While much fo the building’s mass has stayed the same since its most recent proposals we do see a change in some of the exterior materials being used in the newest renderings. It now looks like that the tower podium (base) will be clad in what appears to be metal rather than what appeared to be stone in the previous renderings. The new renderings also show a slight increase in the use of glass within the podium area.

Overall the color tones have also been changed from what originally looked to be a warmer pallet to a much cooler palette of grays and chromes.

In the rendering below we also see the recently agreed upon port couture located off of Hennepin Avenue. This area will serve as the main entrance to the building.

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FLOOR BY FLOOR BREAKOUT

Now let’s take a moment to see how the space within the building shook out.

The ground floor, as mentioned above, will feature the port couture that will provide access to the lobbies for the Four Seasons Hotel & Residences, the office space and anchor tenant RBC Wealth Management, along with the retail space.

Three spaces have been designated as retail on the ground floor of the building. RBC will open a bank branch within a 2,150 square foot retail space facing S Washington Avenue. There is also a 5,428 square foot restaurant space and a 1,523 square foot retail space located off of Nicollet.

The second floor of the building will house back of house space for the hotel along with two skyway connections. One would lead to the Minneapolis Central Library and the other to Marquette Plaza.

Floor three of the building will be home to a 6,900 square foot ballroom, a junior ballroom, four meeting rooms, a board room, admin space, restrooms and pre-function space.

Floor four of the project will be home to the hotel amenities which will include an indoor/outdoor pool. a fitness center, large spa and large outdoor terrace complete with bar.

Floors five through 21 will be home to 532,340 square feet of office space. RBC Wealth Management will occupy 370,000 square feet of that office space, which makes them the anchor of the project. With such a commitment the company will also receive space for their logo at the top of the building facing the downtown skyline.

Floor 22 will be strictly mechanical space.

Floors 23-32 will be home to the Four Seasons Hotel and its 280 rooms.

Floors 33-36 will be home to the Four Seasons Private Residences which will feature 22 condo units. The smallest condo unit is planned to be around 1,700 square feet with the largest unit coming in at around 6,635 square feet. Every unit within the building will have access to one of two private outdoor balcony spaces. The largest unit mentioned above will also have a stunning 1,055 square foot terrace that has pristine views of the Mississippi River.

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LAST BUT NOT LEAST, THE GREEN SPACE

We’ve talked a lot about what is inside the Gateway project, but now let’s talk about whats on the outside.

The corner of S Washington Avenue and Nicollet will feature a large outdoor plaza with multiple seating areas, green spaces and art pieces. The space also will be adjacent to a large outdoor dining area for the restaurant space.

The plaza area was required to be left somewhat vacant so that if in the future the city of Minneapolis decides to construct the Nicollet Central Modern Streetcar system it can run through the site connecting Nicollet Mall and Hennepin Avenue.

McGough is the GC for the Gateway project while United Properties is the developer. Completion of the Gateway project will begin to occur in late 2021 when RBC is expected to move into their new office space.

 


ARTSPACE PLANS AFFORDABLE ARTIST APARTMENTS

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Artspace is planning more affordable artist apartments in Minneapolis, this time in the Harrison neighborhood.

Northside Artspace Lofts will be built on a site that is currently home to a warehouse located at 221 Irving Avenue N. Once complete the building will stand 5-stories tall and will feature commercial space, amenity space and 100 affordable apartments for working artists.

The ground floor of the building will house the lobby, a 2,565 square commercial space, three art studios, two large common studios, a dance/exercise room and a large community room. Floors two through five will house the residential units. 104 parking spaces will be located on the ground floor and one underground level of the building.

Units within the building will range in size and will include studios, one-bedroom, two-bedroom and three-bedroom units.

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10 of the 26 three-bedroom units will be available to those with project-based section 8 vouchers. 70 of the units within the building will be available to households with an income at or below 60 percent of the area median income (AMI). 20 units within the project will be reserved for households within an income at or below 50 percent of the AMI and ten units will be reserved for households with an income at or below 30 percent of the AMI. 

Did you get all that? Message us if you’ve got questions.

One exciting aspect of the project is that the commercial space has already been leased to Juxtaposition Arts. They’re a local youth oriented non-profit visual art center that is known for their community collaborations, studio classes and workshops, public mural programs, art exhibitions and more. Talk about the perfect tenant for a project like this.  

The team working on Northside Artspace Lofts includes Collage Architects, Wellington Management, Artspace, LHB and Wenck.

Construction on the project is anticipated to begin later this year.

 

AFFORDABLE APARTMENTS PLANNED FOR THE NORTH LOOP

A planned mixed-use project in the North Loop has made the switch from market-rate to affordable apartments.

The Redwell will be constructed on the corner of N 10th Avenue and N 3rd Street at 1000 N 3rd Street. The site is currently occupied by the Zuccaro’s Produce warehouse which will be demolished in order for the new building to be constructed.

The new building once complete will stand six stories tall and will feature 109 affordable apartments and 10,200 square feet of ground floor commercial space. In order to secure a unit within the building an applicant’s income will need to be 60 percent or less of the area median income.

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Schafer Richardson is the developer behind The Redwell. They have a number of complete projects within the North Loop and also were the developers who recently constructed a large parking ramp with ground floor retail space next to the site that The Redwell will occupy.

This isn’t the first proposal for the Zuccaro’s Produce site. Originally Schafer Richardson had proposed keeping the existing warehouse and adding two additional floors of office space to the building. Those plans never came to fruition and the company returned last year with the original proposal for The Redwell. At that time the project was proposed to include 129 market-rate apartments and roughly the same amount of commercial square footage.

UrbanWorks is the architectural firm that has been working on both proposals for the site. With the new proposal the overall design for the building has remained largely the same, however throughout the residential floors a few units have been combined in order to create 2-bedroom units (hence the decrease in the overall unit count).

A development with affordable apartments will be a welcome addition to the North Loop neighborhood especially after Dominium’s proposed conversion of the Duffy Paper building in affordable apartments fell through last year. 

Construction on The Redwell is anticipated to begin later this year.

 

WORK BEGINS ON NEW MIXED-USE PROJECT

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Work on a new mixed-use project is underway at 1701 Nicollet Avenue. 

When complete the building which is being called “NiCo Apartments” will rise six stories above grade and will house 146 apartments and 7,000 square feet of ground floor commercial space. Apartment units will range in size from studios to two-bedroom units. Amenity spaces for residents will be provided on the second and sixth floors of the building and will include a fitness center, roof deck, dog washing station and more. 

What you can’t see in this photo is that the entire underground parking level has already been excavated. 76 private parking spaces will located on that level while 18 spaces will be provided on the ground level for the retail tenants.  

Yellow Tree is not only developing and building the project but they’ll also manage it once complete. DJR Architecture is responsible for the design of the project. 

NiCo Apartments are anticipated to be complete in Spring 2020. 

 

CONDOS PLANNED FOR THE NORTH LOOP

A vacant parking lot in the North Loop could soon be redeveloped into a ten-story condo building.

Located at 100 N 3rd Avenue and just steps from some of the North Loop’s best shopping, TMBR would stand 119’ tall and feature residential space, commercial space and underground parking.

Plans show the ground floor of the building being split between private residential amenity space and public retail space with the upper floors being devoted to 84 condos.  

Residents within TMBR would have access to a large lobby located off of N 3rd Avenue along with a fitness center, mail room and bike room. Units within the building would range in size and include one, two and three-bedroom units. A number of units within the building would also have access to large, and we mean large, private recessed balconies. 114 parking spaces would be located on three underground levels within the building along with a small recessed surface lot. Access would be provided by an existing curb cut along N 3rd Avenue.

Dwyer Oglesbay is the architect behind the design of TMBR which will be clad in glass and terra cotta. Downtown Resource Group (DRG) has been brought on to sell the condominium units within the building.

MORE NORTH LOOP RETAIL

Six different retail spaces covering 5,000 square feet would line N 3rd Avenue. The goal is for the retail space to become home to shops that will help strengthen the North Loop’s already vibrant shopping scene and also a newly vibrant block.

Just last year Paster Properties completed the restoration of a historic commercial building with ground floor retail space next door to the site that TMBR would be constructed on. The building is now home to Chicago-based Fairgrounds Craft Coffee and Tea and next month will also become home to a Lululemon location. An additional, unannounced, retailer has also signed a lease for space within the building.

TMBR will be presented for feedback to the Historical Preservation Committee today, March 19th, at 4:30pm.

 

NEW DETAILS ON PLANNED DOWNTOWN EAST TOWER

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New plans have been revealed for a proposed residential tower just steps from U.S. Bank Stadium.

Ryan Companies has been working since 2014 on plans for a new tower that would rise on a small plot of land next to the Mills Fleet Farm parking ramp. When the ramp was constructed there were always intentions to also build a tower of some sort, whether that tower would be a hotel, office, or residential space was the question.

In 2018 Ryan Companies released plans for a residential tower that would be constructed on the site located at 710 S 4th Street. At the time a 25-story building was planned that would have included 245 apartments. One of the downfalls of that proposal was that there was no retail space planned within the project which many felt was a huge miss due to the site’s proximity to U.S. Bank Stadium.

UPDATED PLANS

New plans for a 305’ 24-story building will be presented to the Minneapolis Planning Commission at their next meeting. With the new proposal more apartment units have been added to the development along with a small amount of retail space on the ground floor.  

In total, the building would house 342 apartments on floors 2-23 ranging in size from micro units to two-bedroom units. Floors 22 and 23 would also include penthouse units which are expected to feature larger square footages and upgraded finish packages. 120 parking stalls would be located on one level of underground parking and three above ground levels. 1,070 square feet of retail space would be also located on ground floor towards the middle of the building.

Residents would have access to a number of different amenities located throughout the building. The first floor would feature an expansive lobby along with a bike maintenance and electric scooter charging room, a pet spa and an outdoor pet run. Level two would feature leasing space, work space and more indoor amenity space. Level six of the building would include additional indoor amenity space along with a large outdoor amenity deck with a number of different sitting areas, fire pits, outdoor kitchens and walking trails. Last but not least, residents would have access to a top floor amenity level located on floor 24 which would include over 7,500 square feet of indoor amenity space along with a 3,400 square foot outdoor pool terrace.

Ryan Companies would develop the building and The Excelsior Group would own and manage the property once complete. Construction could begin later this year with an anticipated completion in 2021.

 

WORK UNDERWAY ON NORTH LOOP APARTMENTS

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Piling driving continues at a North Loop site that will soon become home to a six-story building.

River Loop Apartments is a new residential project currently under construction at 800 W River Parkway, a 2.5-acre site on the corner of Plymouth Avenue N and W River Parkway. When complete the building will be home to 218 luxury apartments that will range in size from studios to two-bedroom units. Two levels of underground parking will include 268 parking spaces for residents of the building.

Opus Group is developer constructing the project and ESG Architecture is responsible for the design of the building. Once complete, River Loop Apartments will be managed by The Excelsior Group.

Construction on River Loop Apartments is anticipated to be complete in spring 2020.

 

NORTH LOOP PROJECT RISES ABOVE STREET LEVEL

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As the first floor of concrete work nears completion, a new project within the North Loop prepares to ascend into the sky.

Second & Second is currently under construction at a site that was previously a surface parking lot at 128 N 2nd Street in the North Loop. The new mixed-use building will bring 158 apartments and 20,000 square feet of ground floor retail space to the neighborhood. Multiple levels of underground space will provide parking for both residents of the building and guests of the retail spaces.

Retail space and the residential lobby will be located on the ground floor of the building with the upper levels being home to apartments and resident amenities. A unique design element of this project is an outdoor plaza that will run centrally through the site. The “connector” will run at street level connecting N 2nd Street to what eventually will be the Foundry mixed-use project behind Second & Second.

Second & Second will sport a modern design and will stand six stories tall once complete. Snow Kreilich Architects designed the building, which will be clad in dark brick, metal accents and multiple illuminated elements. Weis Builders is the general contractor constructing the building and Colliers International is the broker marketing the retail space, which is available spaces between 1,100-14,000 square feet. 

Construction on Second & Second is anticipated to be complete in fall 2019.

 

DORAN'S 30-STORY TOWER IS OUT AND TWO SIX-STORY BUILDINGS ARE IN

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A mixed-use project planned within the St. Anthony Falls Historic District has seen a large design revision and that includes the removal of a 30-story tower.

Last month Doran Companies presented plans to the Heritage Preservation Commission for a large mixed-use development planned for the corner of University Avenue S and 3rd Avenue SE. Over 700 residential units would have been constructed within one six-story building and also a 30-story tower.

After concerns were raised by the HPC over the 30-story tower and the amount of materials used within the project Doran decided to revise the overall development.

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NEW PLANS

The revised plans now include two six-story buildings that would be located on the East and West sides of the site. 568 residential units would be constructed within the two buildings with the West building also including 4,300 square feet of retail space. Other revisions to the plans include changes to exterior materials and building massing in some areas.

The sizes of the apartments within both buildings would include studios, one-bedroom, two-bedroom and three-bedroom units with almost all featuring a private outdoor space of some sort.

Residents would have access to two massive outdoor amenity decks (one within each building) that would include pools, outdoor grilling spaces, lounge space, a pebble beach, and more. Amenities within each of the buildings would also be expansive including multiple fitness centers, game rooms, a golf simulator, a spa and more. Really, you’ve got to check the plans so you can see all that is planned.

Underground parking would be provided within each of the buildings.

CHANGE AT A COST

Doran has made it very clear that the feedback provided on their first proposal was different than the direction previously given to the developer. A few months ago, Doran presented three massing proposals for the site and asked for feedback on which massing proposal to move forward with. The direction given at the time was to move forward with massing for six story structures and one larger tower component.

With the new plans including nearly 200 units less Doran needed to increase the density of the units on site in order to support concrete construction costs. This required the removal of a planned affordable housing building that would have been located on the East side of the site. The developer had already been working with CommonBond Communities and has since then had to discontinue their partnership.

Doran’s revised plans will be discussed at the Heritage Preservation Commission’s March 5th meeting.

 

MIXED-INCOME HOUSING PLANNED FOR NORTHEAST MINNEAPOLIS

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A new mixed-scale, mixed-income and urban styled housing development has been proposed for a site in Northeast Minneapolis. 

Lander Group is the developer behind the project planned for 2301 California Street NE in the Bottineau neighborhood. The 2.6-acre vacant plot of land was previously home to a large grain silo that was demolished in 2018.

Plans for the project include a mix of both rental and ownership housing. Two clusters of buildings would be constructed on site with each cluster including a two-level and four level building.

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THE DESIGN

The two low-rise buildings fronting California Street would house 24 owner occupied townhomes with the larger four-story buildings housing 110 one-bedroom rental apartments.

Parking would be included on the ground level of both apartment buildings along with a surface parking lot located on the east side of the site. The townhomes would also have access to individual garages located behind each unit or at the back of the site.

One unique aspect of this project is that the whole development is anchored by a Community Green which will run in between the two clusters of buildings. This public space will serve both the new residents of Lander Group’s community along with the existing residents in the surrounding community. The space will feature plenty of green space, a play area and a community pavilion.

Van Meter Williams Pollack LLP is the architecture firm responsible for the design of the project. They’re an award-winning firm based out of San Francisco and Denver that have worked on a number of Architecture and Urban Design projects throughout the country.

PRICING THAT DIFFERS FROM THE REST

80% of the apartment units within the project will be market-rate. One thing to note is that those market-rates are expected to be up to 25% lower than other recently completed market-rate properties within Minneapolis. The remaining 20% of apartments will be affordable units for those who earn 60% or less of the area median income.

The townhomes units will be marketed similarly to how the apartments are. 20 units will be market-rate while four will be affordable units for households earning 80% or less of the area median income.

Plans for 2301 California Street NE will be presented for feedback to the City Planning Commission Committee of the Whole at their February 28th meeting.

 

MIXED-USE PROJECT PLANNED FOR HISTORIC WAREHOUSE DISTRICT

A small site in the historic Warehouse District may soon become home to a new mixed-use building. 

“310 Lofts” is proposed for a site at 310 N 2nd Street. The angular site is located directly behind two historic buildings that Paster Properties renovated and restored last year that include retail and office space and is home to Fairgrounds Coffee & Tea.

In order to construct the new mixed-use building a historic building dating back to 1883 that is currently being used as a warehouse would need to be demolished. In its place plans show a new six story building that would be constructed. The building would include 59 residential units and 1,369 square feet of commercial space.

The building would be a mix of unit sizes including studios, one bedroom, one-bedroom + den and two-bedroom units. Four indoor parking levels, including one at grade and three underground, would provide 124 parking stalls for residents.

While the building is technically six stories above ground, it’ll span a total of ten stories which includes the underground parking levels and the roof deck. That’s actually the maximum number of floors allowed for a new building within the historic Warehouse District.

Tushie Montgomery Architects is responsible for the design of the project. It’ll feature a modern look that includes large balconies, expansive windows and a good amount of brick. That brick will help tie the design of building, even if modern, in with the surrounding historic structures. The developers of the project are listed as 310 Development LLC.

Plans for 310 Lofts will be presented for feedback to the Historical Preservation Committee at their February 19th meeting.

 

200 UNIT LUXURY APARTMENT BUILDING OFFICIALLY UNDER CONSTRUCTION

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Work is underway on a new residential building located just steps from the shores of Bde Maka Ska.

LakeHaus will be located at 3100 W. Lake Street on what was previously was the site of a four-story office building that was constructed in 1953. The new 300,000 square foot residential building will be eight stories tall and include 200 luxury apartments. Units within the building will range in size and include studios, one-bedroom units and two-bedroom units. In addition, there will be five penthouse units located on the upper levels.

Developers Brickstone Partners, Inc. and KMK Capital LLC believe LakeHaus will become one of the most luxurious new apartment communities within Minneapolis.

Residents will have access to a number of different amenities throughout the building including a state-of-the-art fitness center, hot tub, saunas, top-floor clubroom and a large outdoor terrace complete with a rooftop pool. Additional amenities will include spacious courtyards, gourmet grilling stations, a luxurious lobby with a coffee bistro, guest suites, a car share service and even a communal sailboat for the use on Bde Maka Ska.

Designed by ESG Architects, the entire building will be constructed out of concrete and will feature floor-to-ceiling windows providing stunning views of Downtown Minneapolis and the adjacent lake. Two levels on underground parking will provide a total of 373 private parking spaces.  

The development of this project has been underway since 2015 when three different proposals were created for the site. The developers wanted to work with the surrounding community as much as possible in order to provide a quality project that would contribute to the fabric of the area. The three proposals varied in size from a low rise building that took up much of the site to a skinny tower that would have left more of the site open for green space. 

LakeHaus is anticipated to be complete in 2020.

 

NORTH LOOP'S DUFFY PAPER BUILDING COULD BECOME HOUSING

Domimium's proposal for 528 Washington Avenue N.

One of North Loop's last remaining large warehouses may soon see new life as housing.

The Duffy Paper building (528 Washington Avenue N) is one of the last remaining undeveloped properties located on Washington Avenue in the North Loop. The massive building once housed Duffy Paper's offices and production facilities, however in 2016 the business ceased operations within the building and since then it has sat largely vacant.

Plymouth based Dominium would be responsible for the new redevelopment of the building. Dubbed "Iron Store", that project would bring 200 affordable housing units to the North Loop. The project is unique in the fact that 100 percent units would be affordable units, something that the North Loop, one of the most expensive areas to live in Minneapolis, is greatly lacking.

THE PLANS

The large seven story building located at the corner of Washington Avenue and N 6th Avenue would have it's exterior restored and the interior converted into apartments. In addition, Dominium would renovate two additional 1916 warehouses located to the right of the Duffy Paper building into apartments with the grand total for apartments in all three buildings coming in around 140.

But wait, there's more.

Dominium also has plans for the vacant parking lot at the corner of the site at the intersection of Washington Avenue and N 5th Avenue. Plans for that site would include a new residential building that would also house affordable apartment units, about 60 in total, along with underground parking.

Dominium hopes to begin construction on the project in 2019 with an anticipated completion in 2021.

ABOUT DOMINIUM

Based out of Plymouth, MN, Dominium "is one of the nation’s largest and most innovative affordable housing development and management companies." They're no stranger to developing housing and affordable housing is one of their specialties. To top it off, they're skilled in restoring and reconfiguring historic buildings.

A-Mill Artist Lofts

A-Mill Artist Lofts

Take for example the A-Mill Artist Lofts, one of Dominium's projects that is within the historic Pillsbury mills located along the Mississippi River. Dominium converted that massive building and a few surrounding buildings from run down warehouses into a thriving artist community of 251 lofts. Best part? 100% of the units are affordable. The total project cost came in around $175,000,000, a huge investment for the neighborhood.

Schmidt Artist Lofts

Schmidt Artist Lofts

Another prime example of Dominium's expertise is the Schmidt Brewery. Completed in 2014, Dominium took that run down site and brought it back to it's former glory, converting the brewery into 247 loft apartments and 13 townhomes. The total investment? $130,000,000.

Those are just two local examples of Dominiums commitment to developing affordable housing. We can't wait to see what magic they work on the Duffy Paper building. 

 

800 WASHINGTON AVE S PROPOSALS REVEALED

Sherman's most recent proposal for a mixed-use project at 800 Washington Avenue S.

Round two. Here we go.

The City of Minneapolis issued a RFP (request for proposals) for a 0.56 acre site located at 800 Washington Avenue S back in April, today the proposals were revealed.

Before we start explaining the proposals let us tell you that it wasn't the first time the city was seeking development proposals for the site.

Mortenson's original proposal

Mortenson's original proposal

In 2015 the city also submitted a RFP for 800 Washington Avenue S and it received a number of proposals for the site. In the end the city chose a 10 story proposal from Mortenson that would have included a 235 room Hyatt Centric hotel along with 15,000 square feet of office space for the adjacent American Academy of Neurology (AAN) to expand into. However, those plans never came to fruition and shortly after Mortenson was chosen the company walked away from the site.

That brings us to today, a day in which the city of Minneapolis reveals the four proposals it received during round two, one of those proposals being from one of the original developers seeking to build on the site. Let's start with that proposal.

SHERMAN ASSOCIATES (MIXED USE PROJECT)

Sherman's 2015 proposal.

In 2015 Sherman Associates submitted a proposal for a 9 story mixed-use building with a 140 room Kimpton Hotel, 15,700 sqf of office space on the third floor for Sherman Associates new headquarters, and a 25,000 sqf Pinstripes bowling alley on the first and second floor. 

Sherman's 2018 proposal.

The proposal submitted the second time around looks somewhat similar on paper, however a shift from hotel rooms to apartments has occurred while the exterior design has also been updated.

This time around Sherman Associate's proposal is for a 10 story mixed-use building. The first and second floor would still include a Pinstripes bowling alley, the third story would still be home to office space, this time around space for the AAN, and the remaining floors above would instead be devoted to 112 apartments. 20 percent of the housing units proposed would be affordable units for those making less than 60% of the area's median income.

The estimated cost for the project would be around $54 million.

AECOM (MIXED-USE PROJECT)

AECOM, a developer based out of LA, has proposed a mixed-use project that would be eight stories tall. Little was given on the details of the project, however the building would house 76 for sale condo units along with office space for AAN on the lower floors.

More information should be available in the coming weeks about this proposal.

OPPIDIAN INVESTMENT COMPANY (COMMERCIAL PROJECT)

Based out of Excelsior, MN, Oppidian Investment Company has pitched a six to eight story building that would be entirely commercial. The goal would be to attract a large office tenant that would lease a majority of the space within the project.

Developers state the the building would be perfect for a company who is "image conscious" and a company that "values a human-scale building — not one for 20 tenants in a 250,000-square-foot building." 

Overall the Oppidian's proposal is expected to cost somewhere between $40-$60 million.

Oppidian is also currently developing The Capp, a mixed-use project under construction off of Hiawatha Avenue in Minneapolis. That project made the headlines earlier this year as it will be home to Cub Foods first ever small-format store. In addition to the 46,000 square foot grocery store, there will also be 3,100 sqf of additional retail space, 148 apartment units located on five of the upper levels of the project, and a public plaza.

45 NORTH GROUP (COMMERCIAL PROJECT)

A local startup firm based out of St. Louis Park is proposing a five story, 72,000 square foot building with ground floor retail space and offices on the upper floors.

45 North Group has stated that the building would be energy efficient, even qualifying as "net zero," meaning that the project would generate as much energy as it uses. This would be achievable due to an expansive set of solar panels planned for the top of the building.

No overall price for the project was given.

We'll have more information for the proposals mentioned above in the coming weeks.


 

THRIVANT FINANCIAL DEBUTS PLANS FOR NEW DOWNTOWN HEADQUARTERS

Another full block surface parking lot is about to disappear in Downtown Minneapolis thanks to Thrivent Financial.

Tuesday evening the non-profit company made public the plans for their new headquarters that would be located at the corner of S 6th Street and 5th Avenue S on the northern half of the block. Now, don't fret because you think only half of the lot is getting filled, there's plans for the other half that we'll get to later.

The new 8 story headquarters would not simply be JUST a headquarters for Thrivent, it would also be a space for the community. Included in the project on the first floor would be a coffee shop, chapel, and an art gallery with the upper floors holding Thrivent's offices.

Outside of the building on the corner of Portland Avenue and S 6th Street would be a pocket park complete with public art. Located just a bit south of the pocket park would be a coffee shop and also a grab-and-go cafe, both which would be open to the public.

With Thrivant being a non-profit company, they like to give back to community and do so in many different ways. They see this new headquarters as another way to give back to the community of Minneapolis. Once constructed they hope that the new building will be seen as an welcoming and iconic entry way into Downtown Minneapolis and a place for all to enjoy.

THE DESIGN

Designed by Minnesota based HGA, the building is meant to really embrace the neighborhood. Large amounts of expansive glass are used to provide a transparent space connecting the interior of the building to the outside surrounding neighborhood.

As mentioned above, the first floor of the project would include a chapel along with a meditation room, both of which are currently found within Thrivent's 17 story headquarters a block away. In addition, there would be a company art gallery.

Located on the skyway level would be a full service Thrivent Federal Credit Union that would be open to the public, similar to how Wells Fargo structured their new headquarters. The skyway would connect the Thrivent's headquarters to a planned mixed-use development on the southern half of the site along with HCMC on the east side of the site. In the future, Thrivent's headquarters would link to the greater Downtown skyway system as projects are built on the neighboring blocks.

ADDITIONAL DEVELOPMENT

Now, what exactly is planned for the southern half of the site that we keep mentioning?

Local developer Sherman Associates has drafted up plans for a 12 story, 150 unit apartment building to be located along 5th Avenue S. In addition, on the Portland Avenue side of the site there would be a 9 story, 120 room suite-oriented hotel. The exact brand of hotel has yet to be disclosed as Sherman Associates is still in the negotiation process.

Lastly, positioned between these two projects would be a two story building with a day care and fitness center, both of which are sure to prove popular with the downtown crowd. 

When looking at both Thrivent Headquarters and the Sherman development as one piece you might have noticed something, Minneapolis is going to see ANOTHER entire block of surface parking redeveloped. Does this remind anyone of maybe a currently under construction project just down the block?

If you're thinking of the redevelopment of the Kraus Anderson headquarters then you're spot on.

That project, which is in its final stages, saw the redevelopment of not only the KA headquarters building, but also the entire surface parking lot surrounding it which ended up being an ENTIRE city block. Today, if you drive by you'll find the brand new 5 story Kraus Anderson headquarters, a 17 residential building called HQ that opened this month, a 4 story Finnegan's brewery that is set to open later this month, and lastly, an under construction, 8 story, 165 room boutique hotel that will be part of Marriott's Autograph Collection called Elliot Park Hotel.  If you haven't seen this project recently, check out the webcam here.

Comparing that development to Thrivent's development we get pretty similar projects. Both include the redevelopment of a surface parking lot, the addition of a headquarters, a hotel, and a residential building. The only major difference? Instead of a brewery like the KA project, we'll get a fitness center and day care. 

Now, this is some progressive development that we're glad to see happening in Minneapolis. Let's keep it going, there's a lot of surface parking lots left to be conquered.

Construction is expected to begin in Summer 2018 with a completion in mid 2020.

 

39 STORY MILL DISTRICT CONDO TOWER PLANNED BY WORLD-RENOWNED ARCHITECTURAL FIRM

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Minneapolis. We're not screaming with excitement, you're screaming with excitement.

Meet Eleven, an ambitious and arguably iconic 39 story residential tower designed by world-renowned architectural firm, Robert A.M. Stern Architects (RAMSA).

Planned for a site that is currently a surface parking lot on West River Parkway within the Mill District, the building would be one of the largest and most expensive residential projects to be constructed in Minneapolis post recession.

Local Twin Cities developer Luigi Bernardi has partnered with Ryan Companies to develop the project.

THE DESIGN

Designed in an Art Deco style, the 39 story tower would site atop of a low rise podium that would house parking, rentable guest suites and office space.

The 101 unit tower itself would feature no more than five residential units per floor with the smallest being 1,600 square feet in size. In addition, the tower residences would only feature two bedroom and larger units, something of a rarity within the Minneapolis condo market.

It takes quite a bit of work to design not only a building, but one that can be iconic and more importantly, age well. That's just what RAMSA did.

In the last couple of years, Paul Whalen, a lead design architect and partner at RAMSA, spent quite a bit of time in Minneapolis in order to understand the city and it's architecture. In crafting the design for Eleven, he drew inspiration, scale and details from other buildings found within Minneapolis' historic and notable neighborhoods such as the Mill District and North Loop. Paul's responsible for a number of other iconic RAMSA buildings within the world such as 15 Central Park West in NYC and One St. Thomas Street in Toronto.

This would be the RAMSA's first project in the Upper Midwest and their third project within the Midwest overall. Their latest project in Chicago is called One Bennett Park. Currently under construction, once completed the 69 story striking residential tower will feature 400 apartments and 100 condominium units.

MINNEAPOLIS' NEW CONDO INVENTORY

While Eleven is the newest condo project to emerge on the Minneapolis housing scene, it isn't the only one planned around the banks of the Mississippi River. 

The Legacy, a 374 unit condominium project that reaches 17 stories at its highest point, is in fact under construction as we write directly behind the proposed site for Eleven on the River. That project, which will be complete in Fall 2018, has already sold over a quarter of their units.

In addition, there is a 40 story condo tower called "200 Central" that currently is being planned by developer Alatus on the Northeast side of the river. The site has been cleared for the project but a few legal battles from concerned neighbors had postponed the construction start. With those matters being addressed Alatus plans to begin construction later this year.

Now, don't let the setbacks of that last project concern you when it comes to Eleven on the River as this project is planned in a completely different area with completely different zoning requirements. Therefore it is very unlikely to hit any major snags in the development process.

COULD THIS PROJECT BE A REINCARNATION? 

Some might say that Eleven is a direct response to another of Ryan Companies previous planned condo projects. The plan, for two art deco towers (not designed by the same firm) ranging in height from 22 to 26 stories, proposed for a site in Edina adjacent to Southdale Center. Ultimately, that project was not approved by the City of Edina due to height concerns (keep in mind there is a 18 story Westin pretty much across the street). At that point Ryan Companies told city officials they would take their plan elsewhere, likely combining those two planned buildings into one single structure. Could this be a new form of the project? Potentially.

But let's be honest, if it is a reincarnation of that project then this is Minneapolis' gain and Edina's loss. If it isn't, well, you go Minneapolis' for landing this one. It's about time another world-renowned architect puts their stamp on Minneapolis and we couldn't be more excited for it to be Robert A.M. Stern and his firm.

We'll keep you updated on this exciting project once it begins to go through the City of Minneapolis' planning review. Interested in a unit? Visit www.elevenontheriver.com

 

RESIDENTIAL BUILDING PLANNED FOR PROSPECT PARK

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Looking for housing within Prospect Park? We've got news for you in the form of another project being planned for the ever-growing neighborhood.

Located at 2813 4th Street SE, 4th Street Lofts will be located on a site that is currently a parking lot on the corner of the Green Line's Prospect Park station. The new 6 story building would include 169 residential units, the majority of which would be studios, along with one and two bedroom units.

Now, let's get specific when it comes to those units. This project is unique as so many of the units are studios, typically that style of unit would only be a small portion of the units within the overall project. The developer feels that these units are perfectly suited for the neighborhood as a large amount of its population is college students, many of which are looking for their own place. The 107 micro-units would average about 390 square feet. 

In addition to those studios there would 36 one bedrooms and 26 two bedrooms located within the building. 40 parking spaces and 144 bike storage spaces would be located on one level of underground parking within the building.

THE DESIGN AND CONSTRUCTION

An aerial showing other development projects happening within the area (The 4th Street Lofts project is located in the upper left corner).

An aerial showing other development projects happening within the area (The 4th Street Lofts project is located in the upper left corner).

Designed by Minneapolis based architectural firm ESG, the ground floor of the property would include over 7,100 square feet of residential amenities. Among those amenities would be a large lobby, clubroom, and fitness center. Those amenities wouldn't be the only thing located on the ground floor, there'd also be 11 residential units, mostly studios.

Floors 2-6 would include additional residential units with a mix studios, 1 bedroom units, and two bedroom units. The sixth floor would include a clubroom with a large outdoor deck and views of the Downtown Minneapolis skyline.

With the building being a L shape, the ground floor would also feature a large outdoor lawn area behind the building with lounge space and an outdoor parking area for 23 bikes.

The building would be clad in brick on the ground floor with the upper levels of the project being clad in white stucco with accents of wood composite and metal panels.

Previously this project received feedback from the City of Minneapolis' Planning Commission on June 28th, 2017, it has since been revised taking that feedback into consideration. It will go before that same committee at their February 20th meeting this month for approval.

 

CITY APPROVES SONS OF NORWAY REDEVELOPMENT PROJECT

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Ladies and gentlemen, it's moving forward. 

Located at 1455 W Lake Street near the corner of Lake Street and Hennepin Avenue, the project would see the demolition of the current four story Sons of Norway office building, a large surface parking lot, 6 residential lots, and an alley way and the construction of two much larger buildings.

While the project is technically four footprints at its base, it really is only made up of two buildings as those lower masses are connected above. The mixed-use building would be seven stories tall while the residential building would be five. Together the two buildings would include 319 residential units along with 23,000 square feet of commercial space.

Now, don't image just one huge building because that's not what the developer is planning. The project is meant to look as if it is composed of multiple buildings (technically it is) which helps break up the overall mass.

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THE DESIGN

In order to break up this large project, the buildings will be split into two separate masses that will be connected by a five story glass walkway. 

23,000 square feet of commercial space will be spread throughout the project. The rounded facade on the corner of Lake Street and Humboldt Avenue S will include 16,000 square feet of new office space for the Sons of Norway. An additional 7,000 square feet of ground floor commercial space will be available for retail and restaurant use on the W Lake Street side of the building. 

One five story residential building will begin on the corner W Lake Street and will stretch down the full block of Holmes Avenue S and turn the corner at 31st Street S for about half a block. The other residential portions will flank the curved tower at the corner of Humboldt and Lake and be seven stories tall. All together there will be 319 residential units, with some of those on the Holmes side being ground floor walk up units.

Parking won't be an issue for any residents, workers, or visitors to the project as there will be one level of underground parking that spans the entire project site and includes 323 spaces.

A RARITY: PUBLIC AMENITY SPACE

What is probably one of the most unique factors of the project is that the fact that it includes SO much public amenity space, something that isn't very common with redevelopment projects these days.

Accessible via W Lake Street, area residents can visit a pocket park located between the two buildings. In that space there will be a public plaza that features winding walkways, ample seating, a fire pit and water feature, and a even public skating rank during the winter months.

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Sounds like a great place to rest your feet after a day of shopping in Uptown. 

After a few minor changes requested by the City are made developers hope to begin construction on the project this Spring with completion expected in late 2019.

10 STORY SENIOR LIVING PROJECT PLANNED FOR PROSPECT PARK

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Another mixed-use project is being planned for the Prospect Park neighborhood, this time around it won't be student housing, but rather Senior Living units.

Located at 22 Malcolm Avenue SE, "Prospect Park Senior Living" will be constructed on a site that is currently home to a day care center, industrial building, and multiple surface parking lots. The building itself will feature three varying building heights going from four stories, to six, and at its highest point, standing ten stories tall. The project will be home to 283 senior living residential units and 8,700 square feet of retail.

6,634 square feet of that retail space would be found within the four story section of the building fronting University Avenue and would be home to a child care center. Most likely the day care space will be home to Children's Village Montessori Day Care as their current home will be torn down in order to make way for the new project.

Another retail space of 2,144 square feet will be located at the back left corner of the building on the corner of 30th Avenue SE and 4th Street SE. Perfect home for a Starbuck's?

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SENIOR LIVING

This project will serve an underdeveloped area within the housing market; the senior citizen sector. All 283 residential units within the building will be devoted to senior citizen living, however not all them will be the same format or living situation.

In the six story section of the building that will front 4th Avenue SE (at the backside of the lot) there will be 118 individual living units. These units will be more like a traditional apartment, however they will still have access to the medical care and 24 hour monitoring that the other units within the project will have access to.

The 10 story section of the building, which will front Malcolm Avenue SE on the East side of the site, will be home to a total 177 additional residential units.

54 of those residential units will be Memory Care units and will be home to senior citizens with memory loss diseases such as Alzheimer's. The remaining 123 units will be Assisted Living units and will be home to senior citizens who need care and aid with everyday tasks.

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AN EXPLOSION OF GROWTH

This project is just the latest to surface in an area that is seeing an explosion of growth. 

Next door, The Link, will open in May. That project will offer over 325 residential units aimed at working professionals and students, along with 41,000 square feet of retail space. About 30,000 square feet of that space is already spoken for and will be home to a Fresh Thyme Farmers Market which will open this summer.

Behind that project another residential project, The Green on Fourth, is planned. That project will bring a six story residential building with 243 residential units. To its left, 4th Street Lofts is being planned, which will be another 6 story residential building that will be home to 163 units. If you go to the right side of the The Green on Fourth, ANOTHER residential building is being planned that will be 5 stories tall and be home to 70 residential units.

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To top it all off, the area behind all of these projects is also undergoing a redevelopment.

Malcolm Yards Market, a new food hall, is expected to open sometime this year in a historic building that is being restored and expanded. In addition, Midwest Climbing will be opening a new climbing facility in the area in a few years.

Lastly, a developer has recently proposed an additional mixed-use project off of Malcolm Avenue SE that would include over 50,000 square feet of retail space along with residential units and potentially office space. Do we really need to say it? This area is BOOMING.

If you're curious to see where all the projects mentioned above are located, take a look at our Development Map. It's packed with information and images.

Prospect Park Senior Living is expected to be completed in early 2019.