Office

MAJOR CHANGE FOR PROPOSED DOWNTOWN TOWER

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The Gateway Project has had another design revision, this time removing the hotel and residential components entirely.

United Properties has submitted new documents to the City of Minneapolis now showing a entirely commercial project. The revised plans show a 30 story 458’ building with the overall exterior design remaining largely unchanged.

Three levels of underground parking would include 500 spaces with an entrance off of S 3rd Street. The first two levels above ground would be devoted to 23,000 sqf of retail/restaurant space, some of that space being devoted to a bank branch for RBC. In addition, the lower two levels would also include 14,000 sqf of conference space, a 5,000 sqf fitness center, along with a lobby for the office space within the upper floors of the project.

The office part is where we are seeing a huge change from previous proposals. Now totaling 28 stories in height and 790,000 square feet in space the total office space within the project has nearly doubled. RBC would still occupy 310,000 sqf of office space, remaining the anchor tenant for the building. 

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Other details about the project include skyway access (potentially in two places) and also a public plaza located at the corner of Nicollet Mall and S Washington Avenue. That plaza would be built so that in the future it could accommodate a streetcar line passing through if the city decides to moves forward with the streetcar line. 

United Properties will be responsible for the development of the overall project while Smallwood, Reynolds, Stewart, Stewart & Associates out of Atlanta, Georgia is responsible for the design. 

Construction is expected to begin in 2019 with a completion in 2021.

 

HISTORIC MIXED-USE PROJECT PLANNED FOR NORTH LOOP

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A new project is set to change the look, feel, and shopping scene in the North Loop.

Passed in a unanimous vote this week by the Minneapolis Planning Commission, the project will see the restoration, redevelopment, and new construction of a number of buildings within a city block.

The Commutator Foundry Development will be located at 121 and 125 N 1st Street, next door to Aria and behind another large mixed-use project. The mixed-use project will include 19,000 square feet of ground floor retail space and 5 stories of office space above. 

The current state of the buildings that will be restored, the Roe Wolfe building is not pictured.

The current state of the buildings that will be restored, the Roe Wolfe building is not pictured.

The project will see the restoration of the existing Commutator Hotel, the adjacent Foundry Building, and a one story historic facade found at the back of the site located at 121 N 1st Street.

An interior courtyard will run through the south end of the site, it will be both landscaped and hardscaped for use by the general public and commercial tenants on the ground floor. Two levels of underground parking with a total of 54 spaces will be accessible through the alley adjacent to the courtyard.

That back historic facade is what is going to be one of the extremely interesting pieces of this project. In order to build the underground parking levels, the building will be stabilized structurally and moved off site temporarily. Once those lower levels are completed the facade will be moved back to its original location.

The Commutator Foundry Development (highlighted) and the adjacent new mixed-use development.

The Commutator Foundry Development (highlighted) and the adjacent new mixed-use development.

A WHOLE LOT OF RETAIL

A month ago we reported of a project next door to this site that will include 22,000 square feet of retail space that could potentially be home to five retail spaces, one of which might just be West Elm.

The Commutator Foundry Development will see the addition of 19,000 square feet more of retail space added to the block, the project ultimately could be home to eight different retailers. Two of those retailers would be accessed from the back side of the building from within the interior courtyard, the rest of the retail spaces would have access from both the streetscape and interior of the building.

Now, if we look at this project and the neighboring project put together, we are looking at 41,000 square feet of new retail space and space that could be home to potentially 13 different retailers.

That is a whole lot of retail space for the North Loop and something that could really change the shopping and dining scene within the neighborhood as ground floor commercial space has become increasingly limited in the recent years.

No retailers or companies have been announced for the project yet.

THE DESIGN AND CONSTRUCTION

While the historic Commutator Hotel and Roe Wolfe buildings will be renovated to nearly their  original forms, the new mixed-use structures will have a much more modern look as designed by Snow Kreilich Architects, a look that still fits perfectly into the neighborhood.

The existing 1 story building and 3 story Commutator Hotel facades will be cleaned, repaired, and patched to match the existing brick. All windows will be removed and stored offsite where they will be repaired and prepped to be replaced in their original locations. 

The exteriors of the new buildings will be clad in a light custom masonry. Floor to ceiling windows will be found on the ground floor while the upper floors will feature aluminum windows.

Construction will begin this summer and will take one year to complete with an expected completion in Mid 2019.

 

Minneapolis selects United Properties for redevelopment of Nicollet Hotel block

Minneapolis has finally spoken about who they are recommending as the developer for the former Nicollet Hotel block in Downtown Minneapolis the MSPBJ reported today. From us here at The Development Tracker we would just like to pat Minneapolis on the back (if that is somehow possible) and say wise choice.

If you're unaware of what's going on regarding the Nicollet Hotel block (located at 30 Third South Street) don't worry as we are here to fill you in. Relax in that seat of yours and let your eyes feast on the words below.

Nicollet Hotel   (Image provided by the Hennepin County Library)

Nicollet Hotel (Image provided by the Hennepin County Library)

Minneapolis put a call out last year for development proposals for the block that use to be home to the grand and iconic Nicollet Hotel. Minneapolis was looking for a new development to be constructed on arguably one of Minneapolis' most development primed sites but there was a catch as Minneapolis didn't want just anything built there. The requirement was for a development that was for sure just not going to be another six story residential project. The new development needed to be grand, iconic, and over 20 stories tall. 

Four groups submitted proposals for the site. Doran Companies submitted plans for a 30 story structure that would include apartments, a hotel, offices, and retail while Mortenson proposed a 31 story structure with 273 apartments. Then there was Duval Development who submitted something truly iconic, an 80 story structure that would stand about 100 feet taller than the IDS building which is currently the state's tallest building. However Duval's proposal was taken out of the running when financially backing could not be proven. The winner of them all was the proposal put forward by United Properties. 

"The Gateway"   Image property of United Properties

"The Gateway" Image property of United Properties

"The Gateway" as viewed from Hennepin Avenue.    Image property of United Properties

"The Gateway" as viewed from Hennepin Avenue. Image property of United Properties

Called "The Gateway" United Properties proposal includes a 36 story building that will include luxury apartment units, a 183 room Hilton hotel, along with restaurant and retail space on the street level and even the possibility for a charter school along with some office space on the skyway level. 

Mortenson worked with Duluth based LHB Corp, StaurtCo which currently is responsible for the development of One Southdale Place in Edina, MN, Aimbridge Hospitality, and FRM associates which is based out of Minneapolis.

More details will emerge today regarding the project. City officials say United Properties proposed a project with the highest development cost along with the highest purchase price which played a large role in its recommendation of the project.

As more details emerge we will be sure have to have them right here at The Development Tracker | Minneapolis.