17 STORY MIXED-USE PROJECT PLANNED FOR WASHINGTON AVE
The construction boom on Washington Avenue in Downtown Minneapolis just keeps on going, and going, and going...but who's complaining? #notus
Today plan's were announced for a 17 story mixed-use project on what is currently a surface parking lot at 240 Park Avenue. The site has been owned by the Wilf family, also the owner's of the Viking's, since 2007. The Wilf family's company, Garden Communities, will be the developer for the project.
BKV Group is responsible for the design of the new building. The L shaped building will include 17 stories broken down into 6 stories of parking and 11 stories of housing with those upper floors will containing 201 market rate apartments. In addition, there will also be 5,000 square feet of retail space on the ground floor fronting Washington Avenue.
The exterior of the project will be clad in brick with metal panel accents. The design was influenced by the neighborhood and the materials used on many of the historic buildings surrounding the site. What will be unique is the coloring of 240 Park's brick, it'll stray from the standard red brick which is commonly associated with historic structures and instead will be off-white with accents of grey brick.
ABOUT THE DEVELOPER
Garden Communities has developed similar projects across the country. Their projects are often designed with long-term tenants in mind and are known to include larger than average units along with unique amenities such as bowling allies and movie theaters.
While exact details about what will be included in 240 Park have yet to be revealed it has been stated that there will be amenity deck on the 6th floor along with another amenity space on the 17th floor.
240 Park will go before the Downtown Minneapolis Neighborhood Association land use committee on Aug. 6 and will be presented to the city later this year. Developers hope to break ground next in Spring 2019 with a completion set for 2021.