ESG

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.

 

31 STORY SKYSCRAPER PLANNED FOR DOWNTOWN WEST

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The Hotel Ivy might soon be getting a new neighbor, one that might take a bit of its spotlight away.

Local real estate developer, Alatus, is planning a 31 story mixed-use building at 228 S 12th Street, a site that is directly next door to the Hotel Ivy. 

Previously the site was home to a church built in the 1950's that has sat vacant since 2006. Alatus would demolish that structure along with the adjacent parking lot, both of which have already been approved by the Heritage Preservation Commission.

The close proximity to Downtown businesses, such as the Target Headquarters, make this site an excellent location for residential units. The project would include 360 residential units (most likely apartments) that would be found within floors 3-29 along with 8,769 sqf of retail and restaurant space on the ground floor, and 4,800 sqf of office space on the second floor.

THE DESIGN

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The ground floor would include a large auto-court, bike storage, residential lobby and offices, and two retail spaces. On the first floor at the corner of 2nd Avenue S and 12th Street S would be a 5,031 sqf retail space. On the opposite corner at 3rd Avenue S and 12th Street S there would be another commercial space of 3,738 sqf of space. Both are perfect sites for a restaurant, something that the area is currently lacking and something that attendees to the convention center (which is across the street) often complain about.

The 380 residential units within the building would be a mix of studio/alcove units, 1-bedroom units, 1-bedroom plus den units, 2-bedroom units, 2-bedroom plus den units, and 3-bedroom+ units. Developers hope to provide accommodations for all types of lifestyles.

Floors 26-29 will hold larger penthouse units, the details of those exact units have yet to be revealed.

Amenities for residents will include "a pet spa, a hotel-like lobby/leasing center and Wi-Fi coffee lounge, fitness center, yoga studio, club room and resort-style courtyard" according to the documents filed with the city. The building will offer its residents on-site management, indoor parking, and private storage lockers.

The seventh floor will also feature an outdoor deck that will have a number of amenities for residents and perfect views of the downtown skyline.

An ample amount of parking will be included within the project for both residents and public use. 580 stalls, all enclosed within the building, will be located on one underground and six above levels.

THE CONSTRUCTION

Constructed with post-tensioned concrete, the building will feature a modern and contemporary design. Standing 407 feet tall at the roof line, one unique element will stand out; a back-lit frosted glass panel and decorative light feature at the top along with a LED color changing spire that would reach from the ground floor all the way to 108 feet above the roofline. The final building height would clock in at 515 feet tall. To put that in context, the neighboring Hotel Ivy is 26 stories and stands 301 feet tall.

The design of the facade of the building would include expansive windows that would allow ample natural daylight into the residential units. The exterior would be clad in pre-cast concrete, metal panels, and high-pressure laminated panels and glass. Outdoor recessed balconies will be found within many of the residential units layouts.

One element that we love about the construction of the building is that the fact that a long portion of the ground facade is recessed back from the first two floors, allowing the upper floors of the building, beginning at the third level, to jut out. The exposed columns within this area will be covered with a polished black granite.

A number of ground floor improvements will be made to the streetscape such as extensive landscaping along with an artistic sculpture within an outdoor plaza at the corner of 3rd Avenue S and 12th Street S.

We're keeping our fingers crossed that this one sails through as we think it's a phenomenal project. Way to go on the design, ESG!

This project will head to the Minneapolis Planning Commission's Committee of the Whole at their February 8th meeting.

 

225 APARTMENTS PLANNED FOR NORTH LOOP

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The housing supply continues to increase in the North Loop, this time around it's Opus Group that is bringing forward plans for 225 apartments.

The project is planned for the corner of Plymouth Avenue N and W River Parkway where currently there is a large plot of land that is owned by the Star Tribune. If Opus' plan gets approved by the City of Minneapolis, that land may soon sprout a 6 story apartment building.

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Designed by ESG, the six story residential building would be home to 225 apartment units ranging from 465 to 1139 square feet and would also include 270 enclosed parking stalls on two floors of lower level parking. The overall design of the building would follow an "E" shaped layout with large outdoor terraces on the ground floor, one being a "passive" terrace and the other an "active" terrace.

In addition to those two ground floor terraces, the building would also feature an indoor pool, a large fitness center, clubroom, and expansive lobby with work rooms, conference room, and more on the ground floor. On the sixth floor residents would find two private lounge rooms and an outdoor terrace with views of the North Loop, Mississippi River, and Downtown Minneapolis.

Every unit within the building would feature an outdoor amenity space of some sort, whether that be walkout terrace found on most of the ground floor and sixth floor units or a balcony for the rest of the units within the building.

The front of the building would face the Star Tribune Printing Plant and be located on a private drive. The ground floor of this side of the building would feature a number of walk-up units along with the building's entrance and the entrance to the underground parking garage.

If 800 1st Street N is approved by the City of Minneapolis, construction would most likely begin in Spring 2018.