CPM plans residential project in Northeast
CPM Construction has revealed plans for their newest residential project within Minneapolis, this time in Northeast Minneapolis.
Located at 1301 Marshall Street NE, across the way from the iconic Grain Belt Brewery building, Marshall Flats will be a 6 story residential building with ground floor retail and 70 residential units.
The project will be located across from the Grain Belt, a residential project completed in 2014 that involved the renovation and restoration of the original Grain Belt offices into residential units. That development also left a large parcel of land on the corner as green space. Marshall Flats will "bookend" that green space with all three buildings creating a "courtyard" affect.
The project would demolish a few buildings currently on site, while restoring a building located on Marshall Street. That building would house 3,200 square feet of commercial space with another 2,864 square foot retail space being available within the new building. The developers are looking for a restaurant to occupy that space.
The residential units within Marshall Flats will be one and two bedroom units and will be located on floors two through six.
38 surface parking spaces will be located behind the L shaped building with 17 additional spaces located in a covered garage on the ground floor of the building. Residents will also have access to the management office, a community room, an exercise room, and a bike storage room on the ground floor. A rooftop deck will be included on what technically is the seventh floor.
If approved by the Planning Commission construction could begin in the Fall with an expected completion in Spring 2017.