Downtown Minneapolis

THE DAYTON'S PROJECT: NEW DETAILS, NEW IMAGES

We’ve got some exciting updates on The Dayton’s Project.

The redevelopment of what was most recently was a Macy’s in Downtown Minneapolis is moving forward and at full speed.

Construction began in March 2017 on the $250+ million transformation of the 12 story, 1.2 million square foot building. Demolition work within the building was completed in late 2018 readying it for its restoration, renovation and reconfiguration to begin.

Since then construction has been relatively contained however you can expect to really start to see things progressing now since the developers and the Historical Preservation Committee recently were able to agree upon a central void size.

The project also recently gained the rights to use the official Dayton’s logo within their marketing and with that comes a new marketing brochure which has revealed some new and exciting details about the project. 

THE PLANS

Once complete there will be over 200,000 square feet of retail space located on the basement, first and second floors of building. The remaining nine stories above the retail space will be home to some of the largest single plate floors of office space within Minneapolis. We’re talking about some floors having 90,000 square feet of continuous space, a floor plate size most often found in major metropolitan cities such as New York, Chicago and LA.

Those who are lucky enough to work within the building will have access to modern office spaces, a lounge, fitness center, library and an outdoor tenant-exclusive rooftop featuring ample lounge space, fire pits, a garden and of course stunning views of the Downtown skyline.

Who will occupy these amazing office spaces is still unknown. What we do know is that there is one confirmed tenant for the retail space below.

NEW DETAILS ON THE DAYTON’S FOOD HALL & MARKET

Dayton’s Food Hall & Market will be curated by Minnesota’s own, Andrew Zimmern, along with his team at Passport Hospitality.  

New details on the food hall show that it will span over 45,000 square feet and will occupy over half of the basement level along with space on the ground floor at the corner of S 7th Street and Nicollet.

Within the space there will be many different seating arrangements along with a central bar featuring lounge seating. Oh yeah, there will also be 40-50 different chef-driven kiosks. Now, that’s a big food hall.

In addition to that large foot print of the food hall it also appears that there will be a 4,856 square foot retail space tucked into the back corner of the food hall. Could we also be getting a full-service Andrew Zimmern restaurant? Fingers crossed.

While food may be the focus, Dayton’s Food Hall & Market also plans to feature a number of special events throughout the year such as guest appearances and demonstrations, movies, live music and more.

Now with the food hall taking up 45,000 square feet of the 200,000 square feet of available retail space, what’s in store for the rest?

NOT ANOTHER BLOCK E

Mid America Real Estate is leasing the retail space within The Dayton’s Project. A new leasing brochure featured on their website offers new details on how the interior reconfiguration of the three levels of retail space will look.

The basement level will be home to Dayton’s Food Hall & Market (which you just read about) along with 25,206 square feet of divisible retail space and that 4,856 square foot retail space that we also mentioned above. Our prediction is that this level will be devoted to food and entertainment.

The ground floor of the building will include another entrance to the Dayton’s Food Hall & Market and another 50,000 square feet of retail space that is split up into a number of different configurations. The ground floor will also be home to the lobby for the office space on the upper floors of the building. We expect this floor to be a mix of clothing retailers, fast casual restaurants and service oriented retailers

Last but not least is the second floor, which most likely will be the busiest level due to its five skyway connections. It’ll be home to another 50,000 square feet of retail space. We do want to point out that there is one interesting aspect of this level that is called out in the marketing brochure. It’s the “Beauty Hub.”

A BEAUTY HUB? WE LIKE THE SOUND OF THAT.

There aren’t many details available on the 13,256 square feet of space that is designated as the Beauty Hub, but that won’t stop us from speculating.

If you think about it, Downtown Minneapolis is a desert when it comes to cosmetics and beauty stores. Yes, there are plenty of places to get your hair done but when you really think about it there are little to no places for cosmetic purchases. No really, think about it. Your only option is pretty much Walgreens or Target. That could change with the Beauty Hub at The Dayton’s Project.

What we believe the Beauty Hub could be is a creative way for the developers to lure in not one, but multiple brand name beauty retailers. The way they would do so is by creating a hub where each of those retailers can feed off of each others energy and more importantly, each others customer base.

Think cosmetic retailers like MAC, Sephora, Bare Essentials or NYX and salons like Rocco Altobelli or Juut. The collection of these tenants would be a destination for visitors to The Dayton’s Project which also might be why the developers have placed this hub in a large space towards the back of the building.

Currently the space designated as the Beauty Hub is listed as divisible so it’s clear that the developers are looking to secure multiple beauty tenants. Now, the question is, who will step up to the plate and make everyone’s Downtown beauty dreams become a reality?

NEW RENDERINGS OFFER A GLIMPSE INTO THE FUTURE

One of the biggest updates that the marketing brochure features are new renderings of both the interior and exterior of The Dayton’s Project.

Since gaining the right to use the Dayton’s logo it appears that the developers plan on branding the building once complete as simply “Dayton’s.” It’s a perfect way to honor this building’s historical pasT that stretches back over a century.

Other things depicted in the exterior renderings include a change to the ground floor bay windows which will now be replaced with large panes of glass (not garage like doors as originally rendered). The exterior will also undergo an extensive cleaning and restoration of the its brick and stone.

Interior renderings show a number of updates to lighting and finishes. There now appears to be an LED/neon light sculpture that will span the void within the space. Speaking of that void, the new renderings also now show the agreed upon void opening which is slightly smaller than what was originally planned now spanning 1,900 square feet instead of the original 2,500 square feet.

One thing we do want to put out is the fact that plans are always subject to change and that some of the floor plans and renderings that you might see here today may change before the completion of the project.

THE TEAM

As we wrap up our latest update on The Dayton’s Project we thought we should give you a reminder of the massive team working on this amazing transformation of one of Downtown Minneapolis’ largest and most historically significant buildings.

It takes a village they say and it is certainly clear with this one that it truly does.

Owners: The 601 W Companies

Investors: Telos Group and United Properties

Architect and Interior Design: Gensler

Leasing: Telos Group

Property Management: Transwestern

Retail Leasing: Mid-America

Office Leasing: Transwestern

General Contractor: Gardner Builders

Owner’s Representative: Hightower Initiatives

Preservation Architects & Historical Advisor: PVN

Structural Engineer: Meyer Borgman Johnson

MEP / FP Engineer: McGuire Engineers Inc

Work on The Dayton’s Project is expected to wrap up in Spring 2020. Check back before then for more updates on this exciting and transformative project.

 

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.

 

CANOPY BY HILTON PLANNED FOR DOWNTOWN MINNEAPOLIS

A rendering of the Canopy by Hilton planned for Downtown Minneapolis | Canopy by Hilton

A brand new Hilton hotel brand will call Minneapolis' East Town neighborhood home come 2018.

Sherman Associates announced last week that a Canopy by Hilton will be the hotel that opens in Thresher Square once a top to bottom renovation and restoration is completed. The hotel will span all seven floors and will feature 182 guest rooms along with a ground floor restaurant and bar that focuses on farm to table food.

The drop-off area for the Canopy by Hilton planned for Downtown Minneapolis | Canopy by Hilton

It's big news for Sherman Associate's latest project as the Thresher Square Canopy by Hilton will be the first location for the brand within the Midwest. Once open the hotel will be the 7th Hilton property in Downtown Minneapolis and the 9th property within Minneapolis.

While the historic Thresher Square building is being renovated, Sherman Associates is also constructing a seven story mixed-use building next door called "East End". That building will be home to 180 market-rate apartments along with ground floor retail. Trader Joe's will call most of that ground floor home while Jimmy John's will open a location in a retail space at the back of the building.

ABOUT CANOPY BY HILTON

A new customer is here; The Millennials.

The hospitality industry is changing at a rapid pace as hotel brands race to re-brand themselves and appeal to a new industry and customer. Whether that be the rebranding of well established brands such as Hilton's Embassy Suites or the creation of entirely new hotel concepts such as Hilton's Canopy by Hilton, the hotel industry is taking notice and responding quickly.

Canopy by Hilton bills itself as an "energizing new hotel in the neighborhood." Their boutique styled hotels are filled with extras and surprises.

An interior rendering of the lobby area | Canopy by Hilton

Upon arrival guests are given a "Welcome Treat" which often is a local sweet of some type. Check-in is available in person at a desk or also on your mobile phone. The lobby is designed for lingering, wandering, and meeting new friends.

Breakfast in on the hotel, whether that be in your room or in their cafe. Same with basic wi-fi, it's all free. Guests also can come down to the lobby each night for a sampling of the areas best beers, wines, and spirits complimentary of the hotel.

The guest rooms feature a split room design with a sliding barn door separating the spaces. The over all design is a new take on modern/traditional with eclectic pieces of furniture such as lounge chairs, side tables and desks along with of course a luxurious bed. Take a look for yourself here.

While exploring the hotel further guests will notice the attention to detail, more importantly the attention to local details. Canopy by Hilton properties take design cues from the surrounding neighborhoods. The Downtown Minneapolis location for instance will highlight the local Mill District vibe with an industrial chic look. 

Canopy by Hilton plans to open in Minneapolis in January 2018 before US Bank Stadium hosts the Super Bowl.