Redevelopment

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.

 

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-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. 

 

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.

 

WORK BEGINS ON NORTHEAST'S NEWEST HIGH RISE

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The heart of Northeast, it's about to get denser... and taller.

Construction has begun on 333 Hennepin, a new 26 story residential tower being constructed by M.A. Mortenson at the intersection of Hennepin Avenue and 4th Street NE. The new mixed-use tower will include 282 apartments along with 5,000 square feet of retail space on the ground floor.

In addition, the building will come with all those modern luxuries residents in Minneapolis are use to finding in new luxury apartment projects. A fitness room, clubroom and co-working space will be some of those amenities, residents will also have access to an outdoor roof deck that will be located on the seventh floor of the building.

While 333 Hennepin will be the next high rise to be built within the area, it won't be the last.

Nordhaus, a new mixed-use project across the street finished construction this fall and includes a 20 story residential tower... and there's already a second phase planned. In that second phase a 26 story residential building will rise, nearly identical in height to Mortenson's 333 Hennepin. A few blocks away Alatus is finishing the final preparations needed in order to begin construction on a even larger, 40 story residential building.

Word on the street is that even MORE high rises are being planned for the area.

333 Hennepin is expected to be completed in 2019.

DETAILS BEGIN TO EMERGE ON "THE DAYTON'S PROJECT"

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THE DAYTON'S PROJECT

There's a plan in store for the former Macy's flagship space located in Downtown Minneapolis on Nicollet Mall. Images of the planned project leaked a few weeks ago and now the developer, New York based 601W, plans to make those plans public tomorrow.

An article published by the Star Tribune Saturday evening gives a glimpse into what 601W and architecture firm, Gensler, have drafted up for the massive 1.3 million square feet of space. The redevelopment of the building will be spread across 12 different floors and will be located in three different buildings, the total of amount of space being just slightly less than the 57 story IDS Center across the street.


WHAT'S IN STORE

Plans for the project show the basement level and first floor of the building being devoted to public use, with the upper floors being devoted to office space.

The basement level would contain a large entertainment venue with a bowling alley (Dave and Buster's would be a perfect fit) along with a large food hall that would have space for over 20 vendors, some of which would rotate every few months, and a large retail space.

The ground floor is nearly entirely devoted to retail space with a few spaces for food and beverage service. A large retail space will anchor the corner of Nicollet Mall and Seventh Street and will be combinable with the retail space directly below on the basement level.

The upper levels would contain office space with single floors allowing for up to 90,000 square feet of continuous space, something that is rarely heard of in the office marketplace.

Amenity space will also be found on the upper levels of the building that will be available for use by the office tenants within the building. These spaces would include an outdoor rooftop park, a library, a nearly 10,000 square foot fitness center with locker rooms and showers, and more.


A DESTINATION FOR DOWNTOWN MINNEAPOLIS

Developers want to make The Dayton's Project a destination for Downtown Minneapolis.

They hope to bring people in not only by bringing in notable restaurants and retailers, but by also having the first food hall for Downtown Minneapolis, a trend that is sweeping the countries largest cities like New York, Miami, and Los Angeles, by storm.

In addition, there is a strong desire to keep the over century long life of the building alive. 601W plans salvage and preserve as much as possible of the most important and iconic pieces from the building's glory days as the Dayton's Department Store. In addition, the name itself of the project will help that legacy live on.

Plans for some of those iconic pieces, such the famous Oak Room, have yet to be solidified. The developers and architects for the project are working on multiple scenarios for that particular space, some of which would allow the Oak Room to be accessed by the public in its current location, others potentially deconstructing and reconstructing the room within a different space within the building. 

If all goes according to plan, The Dayton's Project's transformation from a vacant retail store to a vibrant downtown marketplace and destination could be complete by 2019.


RENOVATIONS TO BRING NEW OFFICE AND RESIDENTIAL BUILDING TO NORTH MINNEAPOLIS

An entire city block would be made new according to plans that will be presented to the City of Minneapolis' Planning Commission this week.  

The unique project proposed at 212 James Avenue N would make a run down warehouse into a brand new and unique office building. There's also plans for a six story, 150 unit apartment building that will be constructed on the northern half of the block where today a concrete cald warehouse stands. That building would be demolished to make way for the new residentiaul structure.


Current Warehouse on site | Minneapolis Planning Commission

THE OFFICE COMPONENT

The Leef, which is what the office component of this project will be called, will be a 2 story, 50,000 square foot commercial building.The targeted users of the building are large technology or design businesses. Developers estimate that in the future the businesses within the building could employ 200 or more individuals.

Designed by Twin Cities based Collage Architects, the project will take on a modern industrial vibe with large uses of exposed brick, metals, and other industrial components. An central atirum will divide the office building into two sections with the entrance being found on Currie Avenue W. 

The roof of the The Leef project will have two decks, one for the building and another that is for private tenant use. The top floor will also feature a glass enclosed meeting space for the building.

Overall the project is similar to The Broadway building in Northeast Minneapolis. That projectwas developed by First & First and is home to a number of local businesses including both office and retail along with the 612 Brewery on the ground floor. The Leef might just be The Broadway's distant cousin transplanted in North Minneapolis.


THE RESIDENTIAL COMPONENT

On the North side of the site a large portion an exisiting warehouse would be demolished and in its place a six story residential building would rise.

The building would be developed by Artspace, a national leader in developing live/work housing for artists and their families and would include a mixture of 1, 2, and 3 bedroom units. Parking would be included on both an underground level and the ground floor. On the ground floor one will also find the building's community room along with a studios and one bedrooms. Floors one through five would hold strictly residential units.

This residential building would provide new housing in area that really hasn't been hit by the construction boom that much of Minneapolis has experienced in the last five years. While this may be the first development for this area it likely will not be the last as there is adequate land in the surrounding for similar projects to be developed in the future.

The Leef development will go before the Minneapolis Planning Commission Committee of the Whole at tomorrow's meeting. If approved construction could begin this Summer with an anticipated completion in late 2018.


 

 

 

NOW UNDER CONSTRUCTION: MONTAGE

A new development will soon grace the corner in Minneapolis' trendy Northeast neighborhood. Montage is now under construction.

Recently Schaefer Richardson completed their $1.9 million purchase of the former Nye's site clearing the way for construction to begin on their newest mixed use project, Montage. While you may not recognize the project by it's new name we're sure you're quite familiar with it already.

The project at 112 East Hennepin Avenue has remained in the headlines for nearly two years largely in part due to neighborhood opposition to the original plans for a 29 story mixed-use project. Area residents argued that the project was too large and would damage the historic church next door. There also was concern about the closure of Nye's Polonaise Room, a Minneapolis institute that had been in business for 66 years. 

Once it was confirmed that Nye's would close regardless, Schaefer Richardson worked with the community to develop a plan that would suite everyone's needs... flash forward a year and here we are.

THE PROJECT

Ground Floor of Montage

Once complete Montage will include 73 residential units and 8,000 square feet of ground floor retail. The project will also be one of the first in the Twin Cities to feature a garage with a unique elevator system that will allow cars to be "stacked," increasing the number of spaces available within the project.

Construction on the Montage is expected to last for about a year and a half with completion set for late Fall 2017. 

 

New Horizon Academy planned for former Champions site

A vacant building on West Lake Street that formerly served pints to adults will soon be serving bottles to babies.

New Horizon Academy, founded in 1971, is a children's care center that is well known for a number of day programs they provide. The center provides educational programs for children as young as infants all the way to 4th graders. 

New Horizon has submitted plans to the Minneapolis Planning Commission for a new center at 103 West Lake Street. Champions Salon and Eatery was the most recent occupant of the building, however the restaurant closed in 2014 and the building has since then sat vacant.

Plans presented by New Horizon Academy include an extensive interior and exterior renovation and a 1,100 square foot expansion. Two outdoor play areas will be added, one for the toddlers, the other for early elementary age students. The building will be able to enroll 162 children.

If all is approved by the Planning Commission construction could begin in early Summer with plans for the center to open in November 2016.

 

REX26 | A new life for an urban corner

Rendering from the corner of 26th St and Lyndale Ave S | Minneapolis Planning Commission

The Whittier neighborhood is about have an abundance of life brought back to what currently is a bleak corner on one of the city's busiest roads.

REX26 is the name for a project planned at the corner of 26th Street and Lyndale Avenue South. The 4 story mixed-use building would house 100 residential units and 18,982 square feet of retail space. It would be a great addition to the surrounding area as the retail space is planned to house a full service grocery store.

The site was originally home to the Rex Hardware store which was constructed in 1914 and stood for nearly 100 years. In 2011 the building, after many years of neglect, was demolished and the has since then sat vacant except for a few public gardens.

Exterior of REX26 | Minneapolis Planning Commission

Plans were announced late last fall for Rex26, a new mixed-use development that would be constructed on the vacant corner along with the sites of four adjacent houses. The formal plans for the development will go before the city planning commission at their April 14th meeting.

The most recent plans show a four story building that stands 167' 2" tall. Designed by RSP Architects, the building facade makes use of modern materials such as metal and brick, along with large spans of glass. Apartment units on the upper four floors will also include balconies. 

While some may look at the design of the building as too modern and out of touch with the neighborhood, we think it actually could set a very good precedent for future buildings that will undoubtedly line the avenue. At five stories tall the structure takes into account the surrounding low-rise buildings and strays away from the standard maximum 6 story height that developers are able to achieve in Minneapolis wooden construction. The design also aims to utilize "blocks" making the building appear as separate buildings, instead of one large hulking mass.

First Floor retail space showing grocery tenant | Minneapolis Planning Commission

Now regarding that full-service grocery store that would be brought to the neighborhood. The developer "accidentally" mentioned Aldi as the grocer to occupy the ground floor space when the plans were originally presented in the fall. Since then no official retailer has been announced and the idea of Trader Joe's opening in the space have been shot down (the two companies are part of the same family).

If approved by the planning commission, construction on the project would begin this summer. With a 13 month construction time frame the project would be complete by late summer 2017 with the main floor retailer opening most likely in the Fall.

 

10 story office project planned for Washington Ave N

Another empty lot in the North Loop may soon become a sprawling 10 story office building if one developer has their wish. The thing is, you probably won't even notice as that's how perfect this building will fit in to the surrounding area.

CPM Development this past fall purchased what currently is a mixed-use building along Washington Avenue North called the Internet Exchange Building. The property included a surface parking lot behind the building and from the day the purchase became public questions began to be asked on what CPM would do with the parking lot behind the building. As most know, parking lots these days in Downtown Minneapolis are limited and if they don't have a development planned on them now, they soon will.

THE PLAN

Northeast Elevation  |  Planning Commission

Northeast Elevation | Planning Commission

CPM will present plans to the Minneapolis Planning Commission on March 31st for a new 10 story building to be constructed on the surface parking lot at 419 Washington Avenue North. 77 parking spaces will be included in the project on one sub grade level along with the ground floor. The rest of the ground floor will be space devoted to 7021 square feet of retail while floors two through ten will feature 23,420 square feet of office space per floor.

The retail space is currently designed with two sets of doors from the streetscape which means the space could be subdivided. However when you think about how hot the North Loop area is recently when it comes to the restaurant scene it seems very likely that this perfectly sized retail space will be snatched up by another restaurant spearheaded by one of Minneapolis' finest chefs... and we're not complaining.

LET'S TALK ABOUT THE DESIGN

It's gorgeous and very well designed. To be honest, we don't know how quite to describe it... besides the text below.

The ten story (11 including the below grade parking level) structure features a design that is perfect for the North Loop. Clad in brick from head to toe, well...ground to cornice, the building gives off a strong vintage vibe that is sure to fit in with the surrounding buildings. 

Southeast Elevation | Planning Commission

DJR Architecture is responsible for the overall design which features large expansive "warehouse" styled windows along with numerous arched windows. Something we believe should be noted is the fact that DJR treated the front Northeast facade of the building along with the back Southeast facade (which faces the railway and is across from Dock Street Flats and T3, and office building which is currently under construction) as equal primary facades. This means that both are rich in detail, including full brick work and arched windows. It's an attention to detail that really is going to make a difference.

We here at The Development Tracker are extremely excited about this excellently designed building that is planned for an iconic Minneapolis neighborhood. We can't wait to see the shovels hit the ground!

 

11 story office building planned for North Loop

Proposal for 616 N. 5th Street | Schaefer Richardson

It's a development frenzy in the North Loop. This week another new project was announced for the ever growing and ever changing neighborhood BY Schaefer Richardson.

Located at 616 N. 5th Street on what currently is the site of a Weather-Rite warehouse, Schaefer Richardson plans to construct an 11 story, 200,000 square foot office building. One level of underground parking would be include, along with two above ground levels that would be wrapped in retail. The design for the overall structure is pretty iconic we'd say and to be honest, we absolutely love it.

The mid-rise features a dramatic use of light and dark tones. Designed by Minneapolis based UrbanWorks Architecture, the overall feel for the building plays off an "urban-industrial" design. 

The unique "saw-tooth" (three triangular peaks) in the roofline create an interesting and defining element to the project which is a good thing as it will arguably be the tallest structure within the neighborhood once completed. However it's not just for looks as the roofline design will allow more natural light to filtrate from the North to the surrounding areas while also allowing for solar panels to potentially be installed facing the south.

A BELIEF IN THE NORTH LOOP

Schaefer Richardson currently owns quite a number of office properties in the North Loop however none are as large as what the company is currently proposing on the Weather-Rite site. While the project is the most recent to be proposed, it's not the only large scale development planned for the neighborhood... or even the block.

Currently United Properties' has a 10 story building in the planning process that will be located directly next to the Target Field light rail stop. The company is looking for a number of lease assurances before construction begins. Overall the development will dramatically change the overall feel and look of the area, especially with Schaefer Richardson's proposed project just down the block.

Meanwhile, across the Interstate 94 exit/entrance roadway that somewhat divides a portion of the North Loop, Hines is currently developing T3, a seven story office building with retail on the first floor that will be the first and largest wood structure of it's type within the country.

While Schaefer Richardson has debuted the plans for their North Loop project they will wait until half of the the space is leased within the building before construction begins. 

AN ENTIRELY NEW BLOCK

As mentioned above, Schaefer Richardson's proposal comes on the heels of this particular block's redevelopment in the last five years. The area use to be filled with almost entirely office and industrial buildings... That was until a few housing developers took a chance and of course the Minnesota Twins selected the area for the new stadium.

Since the stadium opened this portion of Fifth Street has seen a number of new projects. Be The Match opened their brand new headquarters this past winter while last year Junction Flats, a new 6 story, 182 unit apartment building across the street from the Weather-Rite site, opened the year before.

Directly next to the site where Schaefer Richardson has proposed their office building District 600 opened this month, bringing a new 6 story building with ground floor retail and 78 apartment units to the neighborhood. 

What also is quite interesting is that the current proposal from Schaefer Richardson will develop roughly 1/3 of the Weather-Rite site. Depending on how successful the first building is, the company could proceed with two additional phases including more retail, office and potentially even residential space.

 

Wondering what else is being developed in Minneapolis? Check out our development map here.

40 story condo tower planned for NorthEast

Rendering of the ground floor of the new tower | ESG Architects

On the shores of the Mississippi River, well, almost on the shores of the Mississippi, a new 40 story residential building will begin to rise come this fall. 

Developer Bob Lux, found of Alatus, confirmed Tuesday that after months of speculations of what his new project at the former Washburn McReavy site would include that it will in fact house condos. 

Located at 200 Central Avenue, the 40 story tall project (essentially the height of The Carlyle across the bridge) will include 207 new condominium units. The ground floor will feature building amenities along with a new restaurant by Ryan Burnet.  

Image of the exterior of the tower | ESG Architects

Construction on the project will begin in the fall with completion expected in late fall 2017 or early 2018. Prices for units in the building will begin at $300,000 and go up to several million dollars for top floor units (which we might add have the ability to have outdoor swimming pools). Sotheby's is handeling the selling of the units which will be offered in both a modern and traditional style. The big draw will be the floor to ceiling windows with gorgeous view of Downtown Minneapolis. 

A certain number of pre-sold units will not be required for construction to begin. It's a sign that developers believe the market for condominium units is strong.  

And there's a lot of truth to that thought. Lux's development will only be the third condo development since the recession in 2008.  Recently a few other proposals have been put forth such as a new condo development in Uptown by Graves Hospitality and also Jim Stanton's The Portland Tower in Downtown Minneapolis.

Target confirms new Uptown location

Rendering of Lake and Fremont Project | CPM Development

Uptown Target enthusiasts, your wish has been granted. On Friday Target officials confirmed that a new store will open in October 2017 in a new mixed-use development on the site of the former Cheapo site. Literally the heart of Uptown.

News that Target is officially coming to Uptown isn't necessarily "new" news. There's been plenty of speculation of what tenant would open in CPM Development's new Lake & Fremont project located at 1300 West Lake Street and 2928 Fremont Avenue South.

The project will bring a new $40 million, 6 story mixed-use building featuring 125 apartments, 5,000 sqf of second floor office space and of course retail space for Target.  The drawing factor for Target to this project was the fact that it not only was in Uptown, but also that the project included 21,000 sqf of continuous commercial space on the ground floor which is uncommon for new projects in the Uptown area. 

Rendering of Lake and Fremont Project | CPM Development

Target was a logical tenant due to the fact that the company has been waiting to make an entry into the heart of Uptown for a number of years now. The problem was that Target didn't have a store design that was small enough for the neighborhood... That is until last year of course.

That's when the company introduced what then was known as Target Express, now simply as just Target, to the Dinkytown neighborhood and the world. Target's small footprint prototype now has a number of locations across the United States and is the company's biggest focus regarding expansion for the next year. 

What's in store...literally.

Target's new location will feature one level of shopping covering 21,400 square feet. Within the space Target will sell men's and woman's (possibly kids) apparel, groceries and ready to eat-meals, household items and more. 23 parking spaces will be available for those who decide to drive to Target's new location, however most are expected to walk.

The location will also feature a CVS in store Pharmacy (it's a new concept beginning to be rolled out this year since CVS bought Target's pharmacy operations last year). Renderings also show a Starbucks sign in the window however that detail was not confirmed by company officials. 

CPM plans to begin demolition of Cheapo's former space this week with construction of the building beginning immediately after demolition is complete. Construction is expected to be complete in early Fall 2017 with Target opening in October 2017. 

Apartments planned for Uptown site

More housing is on the drawing boards for Uptown.

The site of Cheapo Records is scheduled to be purchased by CPM Cos. in the fall in order to make way for a six story residential building that would feature apartments along with retail and office space.

20,000 square feet of retail space is planned for the ground floor (likely to house a restaurant among other retail tenants) and 5,000 square feet of office space is planned for the second level. At the moment the exact number of apartment units planned for the project has yet to be disclosed. 

And for all those who love Cheapo there is no need to worry about them disappearing. Currently they're currently looking for a new location within the neighborhood to move to once their lease expires in August. 

ESG Architects

ESG Architects

Above: Cheapo's Uptown location. The Walkway luxury apartments are located directly behind the site.

The project would be directly next to The Walkway, a 92 unit luxury (and when we say luxury we mean LUXURY) apartment building that opened last year. It also would be blocks away from the new condominium project announced last week by Graves Hospitality.

ESG Architects is behind the design of the project. It features what appears to be a gold, grey, and white color scheme. At the each corner there are seven story "end caps" that feature large balconies. It appears that almost all the units in the building would have a balcony.

If all goes according to plan CPM hopes to close on the site in the fall and have construction underway by February 2016.

 

PROJECT UPDATE: Wells Fargo Towers

The new Wells Fargo Towers, the focal pieces of the new Downtown East redevelopment, have officially been topped out (look for the tree on top of the building on the left in one of the photos below). The twin 18 story structures are scheduled to be completed for January 1st, 2016.

With the physical bones of the structures in place the facade work has begun stretching towards the skies. Ryan Companies has also begun work on prepping the two blocks that will become home to "The Commons", the two block park that will be the centerpiece of Downtown East. You can see the recently released renderings for that project here

Below we've included a number of photos showing the current construction status of the Wells Fargo Towers. 

800 Washington Avenue draws proposals from three developers

The proposals are in... meaning it is time to report.

The city of Minneapolis has officially closed the option for developers to submit their plans for the development of 800 Washington Avenue. The site is owned by the city of Minneapolis and sits directly next to The American Academy of Neurology and the Aloft Hotel. Three developers stepped forward with each submitting plans for a hotel development. 

We would love you input on what design you think is the best being this is a competition afterall. At the bottom of this article is a poll in which you can submit your input.


MORTENSON CONSTRUCTION

Mortenson.jpg

Mortenson Construction has submitted plans for a nine story structure that would feature a 188-room Hyatt Centric hotel.

The building would include a restaurant on the ground floor along with additional retail space, hotel rooms on floors two through eight, and what appears to be banquet space / office space on the ninth level. The building would also have outdoor patio space on multiple levels.

Within the project there will be about 15,000 square feet of office space that would be used by the The American Academy of Neurology. Currently the professional society has their 63,000 square foot, $20 million (absolutely stunning) headquarters next door which opened in 2012. There is another option for an an additional 15,000 square feet of office or banquet space within the building that the The American Academy of Neurology would be able use if the need arises.

ESG Architects is the designer behind the Mortenson Construction development. They currently are probably one of the most prominent architectural firms within Minneapolis area regarding new construction projects. We guarantee you probably driven past at least two of their projects within the last day.

The restaurant component would be spearhead by a Dallas company called Culinare. They're no strangers to the area, let alone the neighborhood, as they are responsible for Sea Change, the restaurant at the neighboring Guthrie Theater. Shea Inc would be responsible for the design of the restaurant.

Marcus Hotels and Resorts would operate the Hyatt Centric hotel. The brand has yet to enter the Minnesota market as it is less than a year old. The company recently opened two locations in April, one in The Loop in Chicago and also one in South Beach Miami. 15 additional locations will open this summer in cities such as New York, Paris, and Atlanta.

Hyatt Centric was created in order to appeal to the Modern Explorers of the world and is meant to be truly be more than just a hotel. "At Hyatt Centric, you'll find everything that you you need as you prepare for a business meeting, take in the local sites, or take advantage of a last-minute long weekend" their website says.

Visit their website here in order to learn more about this exciting hotel concept.


SHERMAN ASSOCIATES

As we discussed earlier in the week Sherman Associates is also proposing a nine story hotel that would feature 140 rooms. While Sherman Associates has yet to divuldge full details regarding the project it can be seen from their latest rendering that the project would take on a very modern design approach.

A 25,000 square foot, two level, Pinstripes is proposed for the building and would be located on the ground and second floor. Pinstripes is a entertainment venue that features a bistro with Italian/American food, a bowling alley, bocce ball, and of course a bar. 

Kimpton Hotels is the hospitality partner that Sherman Associates is working with for the project. Currently there is only a single Kimpton Hotel in the state and that is The Grand Hotel on Second Street in Downtown Minneapolis. Years back a Kimpton Hotel was floated for the Mall of America however we all know that that project ended up being the Radisson Blu.

Kimpton Hotels was established back in 1981 by Bill Kimpton. Today it is the largest chain of boutique hotels in the United States. While many of the company's hotel are independently branded there are also two "branded" chain hotels called the Hotel Monaco and the Hotel Palomar. If one were to appear within Sherman Associates development is most likely would be the Hotel Monaco brand.

Most Kimpton Hotels are branded individually meaning it is not simply called a "Kimpton". Details on what type of hotel or what the potential name could be likely would not be established until the city of Minneapolis recommends a project to move forward in late Summer.

Within Sherman Associate's development there also is around 20,000 square feet of space for them to move their company headquarters from across the street at the Old Spaghetti Factory building.

Sherman Associates also will begin work soon on their Thresher Square restoration which will be converted into a new hotel. Sherman Associates will also construction a new seven story mixed use building with 175 apartments and 30,000 square feet of retail (which is rumored to include a Trader Joe's).


SATURDAY PROPERTIES LLC

Brent Rogers and his company Saturday Properties LLC is proposing another hotel in a six story building. The hotel would feature 166 rooms and would be branded as an Element by Westin. 10,500 square feet of retail space would be located on the first floor with at least one restaurant located within that space.

Designed by BKV Group, another architecture firm that Minneapolis can pride themselves on, the building features a very modern design that reminds us of the new residential project proposed over on 10th and Marquette.

The overall project would not stick out as much as the other projects proposed as the height of the building would be comparable to The American Academy of Neurology and the Aloft Hotel located on each side.

Element by Westin was launched in 2006 by Starwood Hotels and Resorts is a styled as an extended stay hotel. The brand is is the first hotel of the Starwood Brand that is intended to be environmentally friendly. This means that the hotels are built eco-friendly from the ground up including many recycled materials along with using energy efficient lighting and plumbing fixtures. 

Above: Elements by Westin standard suite (Elements by Westin)