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CHANGES MADE TO NORTH LOOP GREEN DESIGN
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Plans have changed slightly for a large mixed-use project planned for what is currently a surface parking lot in the North Loop.

Developer Hines is planning a “vibrant, high-density, transit-oriented, mixed-use development” they’re calling North Loop Green for a site located at 520 N 4th Street . The project will be the third and final phase of Hine’s Rail Yards Area redevelopment and is being designed by ESG Architecture and Design.

THE PROJECT 

The 3.4 acre site that Hines is developing is unique not only due to the fact that it is right across the street from the Twins stadium or for the fact that it is wedged between two elevated roadways, but it’s also unique as the site physically runs beneath those two roadways.  

In total, North Loop Green will include 450 residential units, 340,000 square feet of class A office space (some of that space will become ESG’s new headquarters), 20,200 square feet of retail space and approximately 590 enclosed parking spaces on four underground levels. 

The 20,500 square feet of retail space will all be located within the office building. 14,000 square feet of retail space will be located on the first two floors and another 6,200 square feet of retail space will be located on the 14th floor where the two buildings are linked via a skydeck. 

The residential units within the project will include 354 market-rate apartments and 96 short-term rental units. The exact sizes of the units have yet to be revealed but are anticipated to include studios, one-bedroom and two-bedroom units.

The first round of designs for the project went to the Minneapolis Planning Commission Committee of the Whole in late July (if you want to see those plans click here) and now the developer is back with updated plans.

THE CHANGES

There have been a series of changes to the original plans that you may notice… or you may not. 

One large change to the residential building are that the height has been lowered to 35 stories (one story less) as one more unit was able to be fit onto each floor. The exterior cladding and composition of the residential building has also been updated to create a stronger connection to the surrounding North Loop architecture. The exterior will now include a much more solid façade which is planned to be clad in either precast or metal panels. More openings have also been added to the north and south sides of the building while the east and west sides have had their exterior cladding lightened and more transparency added.

When it comes to the office building the height has remained the same however the building’s floorplates were simplified, removing some exterior jogs on the western side of the building. In addition, the exterior of the office building was slightly updated and the ground floor retail space that is planned to be a restaurant was brought space closer to the 5th Street.

Last but not least, there were some changes to the public park area after stakeholder feedback was received. We have more information on what that part of the project will include below.

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THE GREEN

Remember that area we discussed earlier that will run beneath the two roadways? Hines has plans to construct a new public park there called “The Green.”

The Green will be located partially under the 3rd Street viaduct and partially under the 4th Street viaduct. The park will feature “community green space, a dog park, easy access to/from the Cedar Lake Trail for bicyclists and pedestrians, an area for food trucks” and more. The park will also include a nod to the historic past of the rail yards.

Before you begin to question if this park will see light of day due to its location under those viaducts, let us inform you that it park also covers the area between the two viaducts which is open to the sky. That area will be a flexible space for low-intensity activities and organized events. “A movable stage structure, with a railroad platform motif” will also be included and programmed for musical or theatrical events.

On the north side of the site there will be a small plaza with exhibits and artifacts relating to the history of the rail yards along with a small outdoor fitness plaza that will include outdoor exercise equipment. The developers plan to clad the area beneath the viaducts with “interesting and creative lighting and color.”

Now, let’s talk about that dog park.

The dog park will be located beneath the 4th street viaduct and will be available for use by residents and tenants of the buildings along with the general public (wahoooo). It’ll be fenced on all sides and will feature topographic features, seating for dog owners, equipment for cleaning and features that encourage dog amusement.

Being The Green will sit below street level there will need to be a way to get there from the area where the light rail is. In order to do so individuals will traverse a large plaza on 5th Street that winds through the site and eventually meets a “grand staircase.” That staircase extends from the upper level of the project that is at grade with 5th Street down the lower level where The Green will be located.

Work on North Loop Green is anticipated to begin in 2020 and be complete in 2022.

Plans for North Loop Green will be presented to the Minneapolis Planning Commission Committee of the Whole this Thursday, September 26th at 4:30pm.

 

 

 

BOUTIQUE HOTEL PLANNED FOR HISTORIC NORTH LOOP BUILDINGS
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A new boutique hotel is in the works for the North Loop neighborhood. 

Located at 117 1st Street N, the hotel would be located within a mixed-use project that has been planned for a number of years.

The Commutator Foundry Development would include the demolition of two non-contributing buildings, the renovation/restoration of two additional buildings and the construction of a new building. The two buildings that would be rehabilitated include the historic Commutator Hotel and Foundry Buildings, both of which were built in the 1900’s and most recently were home to office space and retail space. 

Now, you might remember that there were plans for this site already that were proposed a few years back. Those plans included pretty much the same amount of ground floor retail space but also included office space on all of the upper levels.  

Since those original plans were proposed the developers were approached by an independent boutique hotel that was interested in the project. Luckily the developers were at the point of planning where they could make the switch from office space to hotel space. 

THE DESIGN  

In total, the entire project would be home to around 130 hotel rooms, 22,000 square feet of ground floor retail, restaurant and lobby space and a rooftop bar and restaurant with views of the Downtown skyline. Two levels of underground parking with 50 stalls will be also be constructed within the new building. 

Snow Kreilich Architects is responsible for the design of the project which needed to pay close attention to the Minneapolis Warehouse Historic District Design Guidelines. With that being said they ensured the design of the new building included a defined base, middle, and top and that it was constructed as close to the street as possible in order to maintain the historic street wall.

The height of the new building will be six stories which is taller than both of the existing historic buildings. However, the new building has been designed in a way that the floorplates on the lower levels will match the height of the floorplates within the existing buildings allowing for seamless levels throughout all structures. The new building will be clad in a cast stone custom unit masonry along with an insulated clear glazing.  

Want to know an interesting construction tidbit? When construction is underway, 121 N 1st Street will actually be stabilized, and the structure moved off site temporarily while the underground parking is constructed. Once that is complete the building will be moved back to its original location.  Crazy huh? 

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THE HOTEL

At the moment it is unknown as to who the independent hotel is that is planning to open within the Commutator Foundry Development. 

Many rumors are swirling around that it could be a West Elm Hotel, especially since it was just announced that their retail store will be opening in a new development directly behind the Commutator Foundry project (you can read about that here).

However, we don’t think it is a West Elm Hotel at the moment and here’s why.

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It’s been a few years since West Elm announced they there were not only planning hotels across the country but that they were also planning one in the North Loop neighborhood. Things were going well for a while and planning was underway and at one point we even saw plans for their hotel to be constructed on the site of what is now an under construction mixed-use project across the street called “The Archive.” But then things got rough for the West Elm Hotels concept.

First, they were sued by the hotel management company that they were working on the projects with. The management company eventually walked away from the concept altogether which left West Elm without a hotel operator. 

It seemed like a new hotel management company could be secured but then another shocking announcement came last month when West Elm Hotels cancelled their Indianapolis hotel that was already under construction. And just this last week it was announced that the West Elm Hotel planned for Detroit was also put on “hold” with the future of the other planned hotels being in limbo.

Now, don’t let us kill all your hope for an ultra-trendy first of its kind hotel setting up shop in the North Loop. Maybe we will magically see the stars align and we’ll be the first place to become home to a West Elm Hotel… and maybe they won’t.

Plans for 117 1st Street North will go before the Minneapolis Heritage Preservation Commission for review at 4:30pm later today. Construction on the project is anticipated to begin in early 2020 and take 12 months to complete.

 
200 APARTMENTS PLANNED FOR NORTH LOOP'S DUFFEY PAPER BUILDINGS
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A Chicago developer has some big plans in store for the C.J. Duffey Paper buildings in the North Loop. 

Cedar Street Companies is planning a restoration of the six-story Minneapolis Iron Store Building (528 N. Washington Avenue), the Minneapolis Iron Store Warehouse (520 N. Washington Avenue) and the Lindsay Brothers Warehouse (508 N. Washington Avenue).

When complete the three buildings will contain 200 market-rate apartments and 19,000 square feet of ground floor retail space. According to the plans the project will be called “The Duffey Lofts.”

The residential units within the buildings will include studio, one-bedroom, two-bedroom and three-bedroom layouts. At the moment 147 (74%) of the units will be studios, 47 (23%) will be one-bedroom units and just 3 (1.5%) of each of the two and three-bedroom units will be included. The final shake out of those unit numbers could change as the design/planning of the project is further completed.

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Residents would have access to multiple amenities on one underground level, one at grade level, level four and level seven (we’ll get to that in a second). One unique amenity space that would be found within The Duffey Lofts would be the 4,116 square foot crane room which features a completely intact large overhead industrial crane.

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When it comes the mentioned seventh floor that’s something that the developers are proposing to construct on top of the Minneapolis Iron Store building. That floor would be home to an outdoor lawn and lounge space, a clubroom and residential units that each would have their own private outdoor space. 

84 parking stalls would be included within the project that would be located both indoors and outdoors. Space for parking would be found indoors on one underground level and one at grade level along with an exterior surface parking lot.

THE DESIGN

Construction was completed in 1916 on the Minneapolis Iron Store buildings and the Lindsay Brothers Warehouse. All three buildings are listed on the National Register of Historic Places which means the developers and architects needed to pay particular attention to the past when designing The Duffy Lofts. 

While the exteriors would be restored to look as close as possible to their original design, the developers would also rebuild a large sign that adorned the top of the roof of the Minneapolis Iron Store Building in the past. The sign, which would face downtown, likely would say “Iron Store” as that is what is most likely said in the past. It also looks like the developers are proposing another sign in the same fashion along Washington Avenue that will say “The Duffey Lofts.”

As mentioned earlier, the developers are also planning to add a rooftop to the Minneapolis Iron Store building. Being this new structure would be an addition to the historic structure they wanted to ensure it was out of sight from the streetscape. Plans for the rooftop have it slightly set back from the Washington Avenue façade in order to protect the historic look of the building.

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THE PREVIOUS PROPOSAL

Now, if you remember back to late last year another developer had a proposal for these same buildings.

Dominium, that nation’s second largest affordable housing developer, was planning on converting all three structures and building a fourth structure that in total would have included 210 units of affordable housing. However, after Dominium and the City of Minneapolis were unable to come to terms on the long-term affordability of the units the developers cancelled the project.

Dominium worked with BKV Group to design their proposal and so has Cedar Street Companies which is why the overall exterior design for the project hasn’t changed much. 

One major thing that was missing from Dominium’s proposal that is included in Cedar Street Companies proposal is ground floor retail space. Many felt that ground floor retail space was a requirement for the redevelopment of these buildings as they not only cover almost an entire city block, but they are also located in the heart of the North Loop’s retail and restaurant scene.

There is one other difference when it comes to Dominium’s plans and Cedar Street Companies plans. Dominium was proposing to construct a seven-story residential building on what today is a surface parking lot to the right of the existing buildings. Cedar Street Companies is proposing to keep that surface parking lot and is planning for it to include 31 parking spaces. As a part of keeping the surface parking lot the developers would completely repave the lot, add a vegetated planting buffer and also a low decorative fence in order to help separate the lot from the active streetscape.

Last but not least, when it comes to the insides of the buildings we could go on and on about the differences between Dominium’s plans and Cedar Street Companies. However, the plans are pretty complex and as much as we’d love to include 100 pictures within this post and twenty more paragraphs of text, we are instead just going to link the current plans here.

NEXT STEPS

Cedar Street Companies plans for the Duffey Paper buildings have already been presented to the Minneapolis Planning Commission Committee of the Whole. Updated plans in regards to the feedback will be presented to the Minneapolis Planning Commission for approval in the coming weeks.

We’ll be sure to post more about this project and any updates that are going to be made to the plans right here on our website.

 

 

 

NORTH LOOP FOOD HALL ANNOUNCES FOOD VENDORS (AND AN OPENING DATE)
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Graze Provisions + Libations has officially released their lineup of food vendors (and an opening date) and we think you’re going to love what they have in store.

Graze will officially open the doors to their brand new, two-story 14,000 square foot food hall on Friday, September 6th. The food hall is located at 520 N 4th Street in the North Loop neighborhood and was built upon a site that had sat vacant since the Bookmen Stacks were built in 2005. You can find more information on the building and what it will include be visiting an earlier post of ours here

So, who exactly will the food vendors be? Here we go.


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Honey & Rye Bakehouse, the delicious bakehouse located in St Louis Park, will open their second location in Graze. Honey & Rye bakes artisan breads and pastries daily that are comprised of local ingredients that highlight the changing seasons. The “Everyday Menu” includes multiple types of bread, food such as quiche, sandwiches and salad, pastries like scones, croissants and monkey bread and desserts (think bars, cookies and pies). They also serve a number of delicious coffees and teas which has us guessing that they will be the vendor to fill the ground floor corner space that features a walk-up window. Talk about the perfect addition to your morning commute.


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The wildly successful Midnord Empanada Truck will open their first brick-and-mortar space within Graze. Their menu includes a number of different types of empanadas like chimichurri chicken, Cuban pork, rueben, buffalo chicken and even a mac and cheese empanada called the “Mac Attack.” MidNord also serves freshly made salsas and chips and word on the street is the Graze location will also serve churros. Are we in a food a coma already?


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Say hello to Soul Bowl. Chef Gerard Klass’ reimagined urban soul food is sure to be a hit at Graze. The menu consists of flavorful, healthy and eye-catching entrees that are pork free and also includes a number of vegetarian/vegan entrees. In many ways, think of the Soul Bowl as the soul food version of Chipotle. You start with a base (mash, mac & cheese, cornbread dressin’ or yellow rice), the choose a veggie (greens, sweet corn, black eye peas, candied yams) and last but not least you choose a meat (smoked chicken, friend chick, braised beef, veggie dinner roast). The menu also has things like a fried chicken sandwich, smoked deviled eggs, lemon pepper mahi mahi and more. We just drooled on our key board.


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Craving tacos? Flagsmash will have you covered. They’ll also be opening their first brick-and-mortar store within Graze next month. Flagsmash “is a celebration of tasty food from around the world, crammed into a tortilla.” Now don’t expect your typical tacos from this place. Owner Jaime Gonazales motto is “If it tastes good, put in a taco.”


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How does some delicious roast beef prepared over a charcoal fire sound? Well, that’s exactly what you’ll find at Carbon Coal-Fired Pit Beef. Now this vendor we don’t have a ton of information on at the moment but what we do know is that they are already serving some delicious meat around the city. We can’t wait to see what they have in-store for their brick-and-mortar location at Graze.


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In need of some Sushi and Ramen? Have no fear because you’re getting two food vendors for this category at Graze. FishBowl Poke and Ramen Kazama will share a single booth and will offer poke bowls during the spring and summer months and then in the fall and winter they’ll switch over to ramen. FishBowl Poke currently has a location on W 34th Street in Minneapolis while Ramen Kazama has two locations in Minneapolis with one being located on Nicollet Avenue and the other on Como Avenue.


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Last, but absolutely not least, is Minneapolis’ BEST sandwich shop (literally voted that by People Magazine this year) … Lu’s Sandwich. That’s right, they’ll be opening their FOURTH (if you count the food truck) Minneapolis location within Graze. The North Loop location will be a little different than the others though as instead of serving sandwiches… they’ll serve banh mi burgers and bowls along with spring rolls and eggs rolls. We can’t wait to try one of their burgers because let’s be honest, if they’re anything like the sandwiches we are going to be in banh mi heaven.  


Whew, we did it. We got through the list of amazing, LOCAL food vendors that will be setting up shop at Graze Provisions + Libations. Now, let the countdown to September 6th begin.

 
36-STORY TOWER PLANNED FOR THE NORTH LOOP

A parking lot adjacent to the Twins Stadium is set to become home to a large mixed-use development. 

Houston-based Hines has revealed that they are planning a new development called “North Loop Green” on the site located at 350 N Fifth Street in the North Loop neighborhood. The development would include a 36-story residential building and a 14-story office building.  

The 36-story building would be home to 450 rental apartments. Those units would be split into two different types with 360 of them being market-rate apartments and another 90 being short-term rental apartments. Each apartment type would have their own designated lobbies but both would share the same amenities.

The 14-story building would be home to 340,000 square feet of office space and has actually already landed a tenant for a portion of that space. ESG Architecture & Design, the firm who also designed the project, has committed to move their entire office of 175 employees from their current space on Washington Avenue to the new office tower once complete in late 2022.

ESG was selected by Hines after a national search due to their understanding of Minneapolis and the number of projects they have completed within the city. North Loop Green is ESG’s largest project that they have worked on to date.

When it comes to the design of North Loop Green it was designed with transit and density in mind. Hines hopes that the site can be an “urban oasis” for travelers coming from the Blue and Green light rail lines, the Northstar Commuter Rail and the Cedar Lake Trail

A new “grand staircase” along with pathways and plazas will be built within the site that will connect it to the Cedar Lake Trail below. A large plaza will be located in front of the two towers that will feature gathering space for the community. 15,000 square feet of retail space will be located off of this plaza on the ground floor of each building.

When it comes to the designs of the buildings Hines wanted to ensure that characteristics from both the North Loop and the Downtown Central Business District where both included. ESG therefore designed the buildings to feature clean and crisp silhouettes that draw from many of the designs of skyscrapers in the CBD while also featuring handmade design elements inspired by the North Loop. 

One unique design element of North Loop Green will be an “amenity bridge” that spans between the two buildings. Due to the taller floor-to-floor heights in the office building the bridge will connect on the 17th story of the residential building and the 14th story of the office building. Within the bridge there will be 5,000 square feet of indoor/outdoor space to house a restaurant and bar that will have stunning views of the downtown skyline.  

Hines has owned the site where North Loop Green will be constructed since 2012. The site is part of a 6 acre-parcel of land where Hines has already developed two phases with the first being Dock Street Flats and the second being the T3 office building. 

This also isn’t the first proposal that Hines has had in the works for 350 N Fifth Street. Back when The Development Tracker first began Hines was exploring another two-tower proposal that would have included two 20-story buildings. One of the buildings would have included office space while the other had not been determined at the time. You can see that proposal here.

Hines will submit their plans for North Loop Green to the city of Minneapolis and the North Loop neighborhood later this week. The project still will need to go through all of the formal city review processes which means construction most likely wouldn’t begin until Spring 2020 at the earliest.

We’ll be sure to post more information right here on our website about this exciting project as it becomes available.

 
RAND TOWER TO BECOME BOUTIQUE MARRIOTT TRIBUTE HOTEL
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Downtown Minneapolis’ Rand Tower will see new life as a boutique hotel. 

Maven Real Estate Partners has announced that they will transform the 26-story building located at 527 S Marquette Avenue into Minnesota’s first hotel under Marriott’s Tribute Portfolio flag. An $86 million renovation will reposition what is currently office space into a 277-room, four- and half-star hotel called the Rand Tower Hotel.  

As we mentioned, the hotel will be part of Marriott’s Tribute Portfolio. Now, what exactly does it mean when a hotel is part of the Tribute Portfolio?

Marriott’s Tribute Portfolio is a group of independent boutique hotels that are each unique and influenced by their surrounding areas. Their properties offer elevated experiences, curated services and an overall stay that is second to none. Currently there are 23 Tribute properties within the United States with a number of other locations spread throughout the world. Minneapolis’ Tribute hotel will pay homage to the history of the Rand Tower.

The Rand Tower was completed in 1929 and is now 90 years old. When the building when constructed it was one of the tallest structures within the city of Minneapolis, that is until one year later when the Foshay Tower was constructed and surpassed the Rand Tower in height.

The Rand Tower was designed for Rufus R. Rand by Architects Holabird & Root. Rufus was a pilot in WWI and WWII and was also a member of the family that owned the Minneapolis Gas Company (now CenterPoint Energy).

Holabird & Root designed the building in an Art Deco style. One of the prominent architectural features within the building is a large sculpture in the lobby entitled “Wings.” The sculpture was created by Oskar J. W. Hansen who also created the sculptures for the Hoover Dam.

In 1994 the Rand Tower was added to the National Register of Historic Places which means when it comes to the renovation the Developers, Architects and Designers needed to pay the attention to the details. 

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Minneapolis-based ESG Architecture & Design along with The Gettys Group are both working on on the design work for the renovation which will pay particular attention to the Art Deco styling of the building. Terrazzo floors in the lobby, detailed enameling and other historical architectural elements will remain while a touch of modern is also added.

While the renovations will see floor after floor of office space turned into hotel rooms it will also see the addition of a restaurant and bar which be located on the fifth floor.

The restaurant and bar on the fifth floor will include indoor and outdoor space. A new 2,315 square foot outdoor patio that will feature a retractable glass roof will be constructed on top of the fifth floor annex. The retractable roof will be able to fully open during the warmer summer months and will be able to close in the winter to protect guests from Minnesota’s harsh winters.

 When complete the Rand Tower Hotel will be managed by Oxford Capital Group. The Chicago-based company has a number of luxury hotels spread across the country including the Langham Chicago and LondonHouse Chicago.

The conversion of the Rand Tower is anticipated to be complete in December 2020.

 
OPUS PLANS 20 STORY MIXED-USE PROJECT FOR NICOLLET SITE

A 20-story building has been proposed for a site located along Nicollet Avenue in Downtown Minneapolis.

The Opus Group released plans this week for 301 Nicollet, a new mixed-use project that would be constructed on the remaining 1.5 acres of land directly next to another of their recently completed projects, 365 Nicollet.

301 Nicollet would include 5,380 square feet of ground floor retail space along with 357-370 apartments on the upper floors. A five-level parking ramp with 351 parking spaces would be concealed within the core of the building and would be wrapped with apartments. Located midway on the block would be a 3,500 square foot motor court with vehicle drop off space that would be accessed off of S 3rd Street. A 100’ wide alleyway would be left between 301 and 365 Nicollet.

The ground floor of the building would house four two-bedroom walk up units along with one 2 bedroom + den walk up unit. The second floor would include a number of apartment units along with a large work from home suite with multiple working spaces. Amenity space would be found on the 6th and 20th floors, both of which would feature indoor and outdoor space. On level 6 there would be a clubroom, sport room, yoga studio, fitness center and a spa. Outdoors there would be a large pool with sun bathing and cabana space, a hot tub, outdoor grilling and dining space, fire pits, a large lawn game court and two large landscaped areas dubbed “meadow” and the “grove.” The 20th floor would be home to another amenity space featuring a 2,220 square foot club room and a large 2,083 square foot outdoor terrace.

One unique residential amenity that 301 Nicollet would feature that most other residential buildings in Minneapolis do not are sport courts that would be located on the ground floor of the building. Plans currently show two squash courts along within a large indoor gym with a basketball hoop. We’d like to think those courts would make the winter a little bit more bearable for those lucky residents that get to call 301 Nicollet home.

Units within the building would range in size and include studios, one-bedroom, one-bedroom + den, two-bedroom and two-bedroom + den units. The smallest unit within the building is currently planned at 459 square feet with the largest coming in at 2,625 square feet.

Access to the Minneapolis skyway system will be provided via 365 Nicollet. An entrance to the skyway space from the ground floor will be located at the back right corner on the building along Nicollet.

Designed by ESG Architects and TEN X TEN Studio , the building’s mass is broken up into into a few different areas. Anchoring the corner of Nicollet and S 3rd Street would be the tallest part of the project which would stand 20 stories and be almost entirely clad in glass. The building would then step back from the road as it approaches S Marquette Avenue with the glass façade transitioning into a mix of brick, metal and glass. As the building approaches 365 Nicollet on its back side it steps down to 5 stories allowing for the 6th floor amenity deck above.

Plans for 301 Nicollet can be found here.

Opus will present their proposal for feedback to the Minneapolis Planning Commission Committee of the Whole next Thursday, June 27th, at 4:30 pm.

 

DISTILLERY PLANNED FOR PROSPECT PARK
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Surly might have a new neighbor moving in next door as plans have been recently announced for a new distillery.

O’Shaughnessy Distillery is planned for 600 Malcolm Avenue SE. The site is currently home to a historic brick structure that was built in 1945. Plans for the project include the renovation of that historic structure along with a large expansion surrounding three sides of the building. In total the distillery would cover 27,000 square feet of space. 

Michael and Patrick O’Shaughnessy are the two individuals behind the plans for the new distillery and they’ve partnered with Wall Companies to develop the project. The company has a number of other projects in the works for the area including a climbing facility across the street along with a food hall and a mixed-use project that would include apartments and a grocery store just down the road.

When complete the O’Shaughnessy Distillery will cover three different levels of space.

Guests will enter at ground level and will be able to walk straight ahead and directly into a large bar space or turn right and enter a retail store that will also be the start of the distillery tours. The ground floor will also include the majority of the fermenting and distilling spaces along with some catering/back of house space.

The upper level of the project will feature mezzanines to the distilling and fermenting spaces below, office space, a lab and a large space for private cocktails with direct access to an outdoor roof deck.

Last but not least, the basement level of the building will include space designated as a speakeasy, a tasting room and a barrel room.

When it comes to the spirits that are planned to be produced by the O’Shaughnessy Distillery theres a number of them. Right now, those plans include a potato-based vodka, an American bourbon, an American & Irish style gin and rum along with Irish style liquors and an Irish Single Malt whiskey.

At the moment the biggest challenge for the project is getting the city planning commission to approve a 122-space surface parking lot that would run behind the distillery and stretch behind Surly. However, there’s no need to worry as we expect to the city to approve that condition.

Work on the O’Shaughnessy Distillery is anticipated to begin later this year with an opening likely in Summer 2020.

 
NEW RENDERINGS RELEASED FOR UNITED PROPERTIES GATEWAY PROJECT

The time has finally come for United Properties’ Gateway mixed-use tower to rise and with that comes new renderings.

Site prep has officially begun at the site located at the corner of Third Street and Nicollet (or Washington Avenue S and Hennepin Avenue depending on how you look at it). What once was a full city block of surface parking will soon give way to a new 36 story mixed-use tower complete with office and retail space along with the Four Seasons Hotel & Private Residences.

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YEARS IN THE MAKING

If you’ve been following this project with us then you already know it has been in the works for years.

With the project going through a number of design changes throughout the years, and especially this past year, it had become somewhat unclear as to what the the final design might actually look like.

Well, good news. With the recent confirmation that the Four Seasons Hotel & Private Residences will open within the building we do know that the project will truly be mixed-use.

With those details having now been solidified United Properties has posted updated renderings of the project on their website and we’ve got them right here for you to feast your eyes on.

EXTERIOR DESIGN CHANGES

While much fo the building’s mass has stayed the same since its most recent proposals we do see a change in some of the exterior materials being used in the newest renderings. It now looks like that the tower podium (base) will be clad in what appears to be metal rather than what appeared to be stone in the previous renderings. The new renderings also show a slight increase in the use of glass within the podium area.

Overall the color tones have also been changed from what originally looked to be a warmer pallet to a much cooler palette of grays and chromes.

In the rendering below we also see the recently agreed upon porte cochere located off of Hennepin Avenue. This area will serve as the main entrance to the building.

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FLOOR BY FLOOR BREAKOUT

Now let’s take a moment to see how the space within the building shook out.

The ground floor, as mentioned above, will feature the porte cochere that will provide access to the lobbies for the Four Seasons Hotel & Residences, the office space and anchor tenant RBC Wealth Management, along with the retail space.

Three spaces have been designated as retail on the ground floor of the building. RBC will open a bank branch within a 2,150 square foot retail space facing S Washington Avenue. There is also a 5,428 square foot restaurant space and a 1,523 square foot retail space located off of Nicollet.

The second floor of the building will house back of house space for the hotel along with two skyway connections. One would lead to the Minneapolis Central Library and the other to Marquette Plaza.

Floor three of the building will be home to a 6,900 square foot ballroom, a junior ballroom, four meeting rooms, a board room, admin space, restrooms and pre-function space.

Floor four of the project will be home to the hotel amenities which will include an indoor/outdoor pool. a fitness center, large spa and large outdoor terrace complete with bar.

Floors five through 21 will be home to 532,340 square feet of office space. RBC Wealth Management will occupy 370,000 square feet of that office space, which makes them the anchor of the project. With such a commitment the company will also receive space for their logo at the top of the building facing the downtown skyline.

Floor 22 will be strictly mechanical space.

Floors 23-32 will be home to the Four Seasons Hotel and its 280 rooms.

Floors 33-36 will be home to the Four Seasons Private Residences which will feature 22 condo units. The smallest condo unit is planned to be around 1,700 square feet with the largest unit coming in at around 6,635 square feet. Every unit within the building will have access to one of two private outdoor balcony spaces. The largest unit mentioned above will also have a stunning 1,055 square foot terrace that has pristine views of the Mississippi River.

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LAST BUT NOT LEAST, THE GREEN SPACE

We’ve talked a lot about what is inside the Gateway project, but now let’s talk about whats on the outside.

The corner of S Washington Avenue and Nicollet will feature a large outdoor plaza with multiple seating areas, green spaces and art pieces. The space also will be adjacent to a large outdoor dining area for the restaurant space.

The plaza area was required to be left somewhat vacant so that if in the future the city of Minneapolis decides to construct the Nicollet Central Modern Streetcar system it can run through the site connecting Nicollet Mall and Hennepin Avenue.

McGough is the GC for the Gateway project while United Properties is the developer. Completion of the Gateway project will begin to occur in late 2021 when RBC is expected to move into their new office space.

 


THE DAYTON'S PROJECT: NEW DETAILS, NEW IMAGES

We’ve got some exciting updates on The Dayton’s Project.

The redevelopment of what was most recently was a Macy’s in Downtown Minneapolis is moving forward and at full speed.

Construction began in March 2017 on the $250+ million transformation of the 12 story, 1.2 million square foot building. Demolition work within the building was completed in late 2018 readying it for its restoration, renovation and reconfiguration to begin.

Since then construction has been relatively contained however you can expect to really start to see things progressing now since the developers and the Historical Preservation Committee recently were able to agree upon a central void size.

The project also recently gained the rights to use the official Dayton’s logo within their marketing and with that comes a new marketing brochure which has revealed some new and exciting details about the project. 

THE PLANS

Once complete there will be over 200,000 square feet of retail space located on the basement, first and second floors of building. The remaining nine stories above the retail space will be home to some of the largest single plate floors of office space within Minneapolis. We’re talking about some floors having 90,000 square feet of continuous space, a floor plate size most often found in major metropolitan cities such as New York, Chicago and LA.

Those who are lucky enough to work within the building will have access to modern office spaces, a lounge, fitness center, library and an outdoor tenant-exclusive rooftop featuring ample lounge space, fire pits, a garden and of course stunning views of the Downtown skyline.

Who will occupy these amazing office spaces is still unknown. What we do know is that there is one confirmed tenant for the retail space below.

NEW DETAILS ON THE DAYTON’S FOOD HALL & MARKET

Dayton’s Food Hall & Market will be curated by Minnesota’s own, Andrew Zimmern, along with his team at Passport Hospitality.  

New details on the food hall show that it will span over 45,000 square feet and will occupy over half of the basement level along with space on the ground floor at the corner of S 7th Street and Nicollet.

Within the space there will be many different seating arrangements along with a central bar featuring lounge seating. Oh yeah, there will also be 40-50 different chef-driven kiosks. Now, that’s a big food hall.

In addition to that large foot print of the food hall it also appears that there will be a 4,856 square foot retail space tucked into the back corner of the food hall. Could we also be getting a full-service Andrew Zimmern restaurant? Fingers crossed.

While food may be the focus, Dayton’s Food Hall & Market also plans to feature a number of special events throughout the year such as guest appearances and demonstrations, movies, live music and more.

Now with the food hall taking up 45,000 square feet of the 200,000 square feet of available retail space, what’s in store for the rest?

NOT ANOTHER BLOCK E

Mid America Real Estate is leasing the retail space within The Dayton’s Project. A new leasing brochure featured on their website offers new details on how the interior reconfiguration of the three levels of retail space will look.

The basement level will be home to Dayton’s Food Hall & Market (which you just read about) along with 25,206 square feet of divisible retail space and that 4,856 square foot retail space that we also mentioned above. Our prediction is that this level will be devoted to food and entertainment.

The ground floor of the building will include another entrance to the Dayton’s Food Hall & Market and another 50,000 square feet of retail space that is split up into a number of different configurations. The ground floor will also be home to the lobby for the office space on the upper floors of the building. We expect this floor to be a mix of clothing retailers, fast casual restaurants and service oriented retailers

Last but not least is the second floor, which most likely will be the busiest level due to its five skyway connections. It’ll be home to another 50,000 square feet of retail space. We do want to point out that there is one interesting aspect of this level that is called out in the marketing brochure. It’s the “Beauty Hub.”

A BEAUTY HUB? WE LIKE THE SOUND OF THAT.

There aren’t many details available on the 13,256 square feet of space that is designated as the Beauty Hub, but that won’t stop us from speculating.

If you think about it, Downtown Minneapolis is a desert when it comes to cosmetics and beauty stores. Yes, there are plenty of places to get your hair done but when you really think about it there are little to no places for cosmetic purchases. No really, think about it. Your only option is pretty much Walgreens or Target. That could change with the Beauty Hub at The Dayton’s Project.

What we believe the Beauty Hub could be is a creative way for the developers to lure in not one, but multiple brand name beauty retailers. The way they would do so is by creating a hub where each of those retailers can feed off of each others energy and more importantly, each others customer base.

Think cosmetic retailers like MAC, Sephora, Bare Essentials or NYX and salons like Rocco Altobelli or Juut. The collection of these tenants would be a destination for visitors to The Dayton’s Project which also might be why the developers have placed this hub in a large space towards the back of the building.

Currently the space designated as the Beauty Hub is listed as divisible so it’s clear that the developers are looking to secure multiple beauty tenants. Now, the question is, who will step up to the plate and make everyone’s Downtown beauty dreams become a reality?

NEW RENDERINGS OFFER A GLIMPSE INTO THE FUTURE

One of the biggest updates that the marketing brochure features are new renderings of both the interior and exterior of The Dayton’s Project.

Since gaining the right to use the Dayton’s logo it appears that the developers plan on branding the building once complete as simply “Dayton’s.” It’s a perfect way to honor this building’s historical pasT that stretches back over a century.

Other things depicted in the exterior renderings include a change to the ground floor bay windows which will now be replaced with large panes of glass (not garage like doors as originally rendered). The exterior will also undergo an extensive cleaning and restoration of the its brick and stone.

Interior renderings show a number of updates to lighting and finishes. There now appears to be an LED/neon light sculpture that will span the void within the space. Speaking of that void, the new renderings also now show the agreed upon void opening which is slightly smaller than what was originally planned now spanning 1,900 square feet instead of the original 2,500 square feet.

One thing we do want to put out is the fact that plans are always subject to change and that some of the floor plans and renderings that you might see here today may change before the completion of the project.

THE TEAM

As we wrap up our latest update on The Dayton’s Project we thought we should give you a reminder of the massive team working on this amazing transformation of one of Downtown Minneapolis’ largest and most historically significant buildings.

It takes a village they say and it is certainly clear with this one that it truly does.

Owners: The 601 W Companies

Investors: Telos Group and United Properties

Architect and Interior Design: Gensler

Leasing: Telos Group

Property Management: Transwestern

Retail Leasing: Mid-America

Office Leasing: Transwestern

General Contractor: Gardner Builders

Owner’s Representative: Hightower Initiatives

Preservation Architects & Historical Advisor: PVN

Structural Engineer: Meyer Borgman Johnson

MEP / FP Engineer: McGuire Engineers Inc

Work on The Dayton’s Project is expected to wrap up in Spring 2020. Check back before then for more updates on this exciting and transformative project.

 

GOLF FOCUSED RESTAURANT TO OPEN IN THE NORTH LOOP
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Golf lovers, we’ve got a place you’re gonna love.

A new restaurant will be opening later this summer that will feature six state-of-the-art indoor golf simulators… and some food and drinks of course. Thr3 Jack (pronounced like Three Jack) will be opening on the ground floor of The Nordic located at 729 Washington Avenue N in the North Loop.

The space that they will call home will span just over 9,000 square feet and will be located towards the middle of the site in portion of the project that also has a parking ramp on the upper floors. The restaurant will have 200 seats indoors and another 50 seats on an outdoor patio that will face the new “park” like environment that United Properties is creating between The Nordic and the Loose-Wiles building.

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Lucy Robb and her brother Bo Massopust are the creative minds behind Thr3 Jack. The name for the restaurant comes from when a golfer has to take three putts into order to sink the ball into the green’s hole. The decision to locate within the North Loop was a no brainer for the duo as they feel that the neighborhood is where most of their target audience likes to spend their time.

While they don’t have a chef, yet they’ve recruited Nathan Rostance (previously with The Bachelor Farmer) to get the place up and running along with recruit a full-time chef to take over. Jesse Held of Jester Concepts (they’re the ones behind Borough, Parlour, Monello, Constantine, Mercado and P.S. Steak) will create the bar program that’ll focus on country club classics that have a twist and also no-proof cocktails (alcohol free).

Construction is already underway on the space that was designed by Minneapolis-based ESG Architects. The interior will sport a classic look with large uses of wood and will feature a long bar running parallel to the golf simulators.

Thr3 Jack is anticipated to open in August at 729 Washington Avenue N.

 

BACON SOCIAL HOUSE TO OPEN IN MINNEAPOLIS
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Denver’s “Best Brunch and Dinner” is coming to Minneapolis.

Bacon Social House will open a 3,000 square foot restaurant at 700 S 3rd Street on the ground floor of the recently completed Canopy by Hilton hotel. The restaurant currently has one location in Denver and in 2019 is set to open two other locations in addition to the Minneapolis location, both of which will be in Colorado.

The eatery and bar has been given numerous awards and in 2018 was given “Westword’s Best of Denver” award along with Trip Advisor’s “Certificate of Excellence” and OpenTable’s “Diner’s Choice Award.”

 The menus consist of food that is prepared from scratch every day and made with local and organic ingredients whenever possible. The Brunch menu features pretty much everything one could wish for including eggs benedict, biscuits and gravy, chicken & waffles and more. The dinner menu is also pretty great featuring items like shrimp n grits, burgers, Cuban sandwiches and buffalo cauliflower just to name a few.

Last but not least, Bacon Social House has two extensive drink menus for both brunch and dinner. Those menus are filled with a number of different cocktails, beer, margaritas and even mimosas that you can order by the “super carafe.”

Oh yeah, and we forgot to mention that you’ll be seeing a lot of bacon entrees scattered about the menu too. Let’s be honest, the place does have bacon in its name after all.

Bacon Social House is expected to open in May at 700 S 3rd Street.

 

FIRST DRAFT TAPROOM + KITCHEN PLANS JULY OPENING

The interior of First Draft Taproom + Kitchen in Minneapolis | Image: First Draft | Mural by Amy Marie Art

The time has come, Minneapolites...the time of self-serve taps.

First Draft Taproom + Kitchen is nearly ready to open for business. The unique concept that gives customers "the power to pour their own beer, wine or cider" is opening their first Minnesota location on the ground floor of Variant, a brand new residential building in the North Loop just blocks from Target Field.

The opening date? This Saturday, July 14th.

OVER 5O TAPS

First Draft, which bills itself as a unique tasting experience, will be one of the first self pour taprooms to open within the city.

You'll find a HUGE variety of craft beer, wine, cider, kombucha, coffee, and cocktails. When we say huge, we're talking nearly 54 taps in total. One great thing is that these taps are always rotating, ensuring every visit is different from the last and that you'll be able to experience brews from Minnesota all the way to the Coasts.

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One of the best things about First Draft is that you can pour by the ounce, meaning no more wasted beer that you thought you'd like but can't drink more than one sip of. Fun fact? On average customers pour about 4.9 ounces of a beverage.

All that beer tasting might make it a wise choice to eat some food, but don't worry, they've got that too. A full kitchen within the space will serve small plates and some larger dishes for sharing. Dishes include everything from cheese plates and deviled eggs, to Mac and Cheese and Caesar Salad. 

THE SPACE

The first thing you might notice when walking into First Draft might not be the taps, but rather a large mural depicting Paul Bunyan and Babe the Blue Ox in front of the Minneapolis skyline. A little nod to Minnesota, eh?

Once you've unlocked your eyes from the mural you'll notice that directly in front of you are the 54 self serve taps, all perfectly laid out on the outside of a large cooler the size of a room (we're not kidding). It is pretty centralized, you can't miss it.

The ceilings within the space have been left open and long liner lighting has been added. Seating throughout the space comes in a variety of styles from long community tables, to bar seating, to luxurious couches for lounging. In addition, there will also be outdoor patio seating available.

ABOUT FIRST DRAFT

Originally from Denver, CO, First Draft Taproom + Kitchen is currently in the process of opening two new location, one in Downtown LA and the other right here in Minneapolis. The company is capitalizing on a new to market trend of self serve taps, something that is sweeping the nation by storm. 

Locations typically feature 50+ taps and serve beer, wine, cider, coffee, cocktails along with food. For more information, visit First Draft Taproom + Kitchen here.

 
800 WASHINGTON AVE S PROPOSALS REVEALED

Sherman's most recent proposal for a mixed-use project at 800 Washington Avenue S.

Round two. Here we go.

The City of Minneapolis issued a RFP (request for proposals) for a 0.56 acre site located at 800 Washington Avenue S back in April, today the proposals were revealed.

Before we start explaining the proposals let us tell you that it wasn't the first time the city was seeking development proposals for the site.

Mortenson's original proposal

Mortenson's original proposal

In 2015 the city also submitted a RFP for 800 Washington Avenue S and it received a number of proposals for the site. In the end the city chose a 10 story proposal from Mortenson that would have included a 235 room Hyatt Centric hotel along with 15,000 square feet of office space for the adjacent American Academy of Neurology (AAN) to expand into. However, those plans never came to fruition and shortly after Mortenson was chosen the company walked away from the site.

That brings us to today, a day in which the city of Minneapolis reveals the four proposals it received during round two, one of those proposals being from one of the original developers seeking to build on the site. Let's start with that proposal.

SHERMAN ASSOCIATES (MIXED USE PROJECT)

Sherman's 2015 proposal.

In 2015 Sherman Associates submitted a proposal for a 9 story mixed-use building with a 140 room Kimpton Hotel, 15,700 sqf of office space on the third floor for Sherman Associates new headquarters, and a 25,000 sqf Pinstripes bowling alley on the first and second floor. 

Sherman's 2018 proposal.

The proposal submitted the second time around looks somewhat similar on paper, however a shift from hotel rooms to apartments has occurred while the exterior design has also been updated.

This time around Sherman Associate's proposal is for a 10 story mixed-use building. The first and second floor would still include a Pinstripes bowling alley, the third story would still be home to office space, this time around space for the AAN, and the remaining floors above would instead be devoted to 112 apartments. 20 percent of the housing units proposed would be affordable units for those making less than 60% of the area's median income.

The estimated cost for the project would be around $54 million.

AECOM (MIXED-USE PROJECT)

AECOM, a developer based out of LA, has proposed a mixed-use project that would be eight stories tall. Little was given on the details of the project, however the building would house 76 for sale condo units along with office space for AAN on the lower floors.

More information should be available in the coming weeks about this proposal.

OPPIDIAN INVESTMENT COMPANY (COMMERCIAL PROJECT)

Based out of Excelsior, MN, Oppidian Investment Company has pitched a six to eight story building that would be entirely commercial. The goal would be to attract a large office tenant that would lease a majority of the space within the project.

Developers state the the building would be perfect for a company who is "image conscious" and a company that "values a human-scale building — not one for 20 tenants in a 250,000-square-foot building." 

Overall the Oppidian's proposal is expected to cost somewhere between $40-$60 million.

Oppidian is also currently developing The Capp, a mixed-use project under construction off of Hiawatha Avenue in Minneapolis. That project made the headlines earlier this year as it will be home to Cub Foods first ever small-format store. In addition to the 46,000 square foot grocery store, there will also be 3,100 sqf of additional retail space, 148 apartment units located on five of the upper levels of the project, and a public plaza.

45 NORTH GROUP (COMMERCIAL PROJECT)

A local startup firm based out of St. Louis Park is proposing a five story, 72,000 square foot building with ground floor retail space and offices on the upper floors.

45 North Group has stated that the building would be energy efficient, even qualifying as "net zero," meaning that the project would generate as much energy as it uses. This would be achievable due to an expansive set of solar panels planned for the top of the building.

No overall price for the project was given.

We'll have more information for the proposals mentioned above in the coming weeks.


 
FAIRGROUNDS COFFEE AND TEA LEASES SPACE FOR NORTH LOOP LOCATION

A new coffeehouse is coming to the North Loop, with love sent by Chicago.

Fairgrounds Coffee & Tea will open a new 2,420 square foot location at 120 3rd Avenue N in a historic building that is currently undergoing a complete renovation. This will be Fairgrounds Coffee & Tea first (or second) location outside of Chicago, they currently have two locations within Chicago. Another location is also under construction in Los Angeles.

Now, Fairgrounds is not just another coffeehouse. 

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What makes Fairgrounds different than other coffee houses is that they serve products from multiple coffeehouses and breweries. Most coffeehouses stick to a single brew, typically their own.

What Fairgrounds is classified as in the coffee world is a "brewery agnostic". This means they serve brews from a number of different breweries and coffeehouses, and not just any coffeehouses, but the nations BEST coffeehouses. We're proud to say that Minneapolis' very own Spyhouse is on their list.

The new cafe will service hot and cold brews along with espresso, matcha, tea, and a unique list of elixers (fancy coffee beverages). There will also be a food menu including breakfast items, sandwiches, soups, salads, and more.

Fairgrounds Coffee and Tea is expected to open in Summer 2018 at 120 3rd Avenue N.

 
NEW TAPROOM CONCEPT TO OPEN IN NORTH LOOP
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The North Loop just keeps getting cooler and better by the day. 

Not only is it a collection of historic buildings, mixed with new buildings that seem to be rising on each corner. The neighborhood is home to tons of great shops, restaurants, bars, and breweries and this spring a new taproom is coming to the neighborhood that will be the first of it's kind in Minnesota.

First Draft Taproom and Kitchen will open in April at Variant, a new 6 story residential building at the corner of 6th Avenue N and 4th Street N not far from Target Field. The new bar and kitchen will take up 4,500 square feet of corner retail space on the ground floor of the building, leaving about 10,000 square feet of additional retail and restaurant space.

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What sets First Draft apart from other taprooms, and let's be honest, they're going to have some competition as the area is home to a number, is that fact that it is self-serve. Now, it's not just a free for all so don't get too excited, here's how it works.

When customers enter First Draft they will receive a card, at the back of the space will be 40-50 taps serving craft beer, wine, cider, coffee and kombucha. Customers tap their card on their desired beverage and then are able to dispense as much as they like of it, as small as an ounce and as large as a full glass. It's a great way to taste test and discover something new... or maybe figure out what you don't like before you order a whole glass of it.

If this sounds daunting, don't worry, there will be designated employees to help you work the system (which will be the coveted iPour self-dispensing system) or to give you recommendations. In addition, there will be a menu with small places, sandwiches, salads, and more.

First Draft Taproom and Kitchen will open in April 2018 at 324 6th Avenue N.

Development proposals emerge for 205 Park Avenue
Proposal designed by ESG Architects on behalf of Sherman Associates  |  Sherman Associates

Proposal designed by ESG Architects on behalf of Sherman AssociatesSherman Associates

Another one bites the dust...and we're talking about surface parking lots.

One of the last remaining pieces of land in the Mill District will soon have a new building rise upon it's soil. Two developers have have submitted plans to the City of Minneapolis for mixed-use developments on what is currently a surface parking lot at 205 Park Avenue.

THE FIRST PROPOSAL

Sherman Associates has submitted plans for mixed-use development designed by Minneapolis based ESG Architects.

Estimated to cost $36 million, the six story building would include 115 market rate apartments with 20% being reserved for individuals making 60 percent or less than the median income along with four for-sale townhome units. 

The ground floor would include a restaurant with a separate bakery and coffee shop by local restaurant owner Kim Bartmann. The building would also include a police substation and a dog park. Running behind the building would be a pedestrian walkway connecting Washington Avenue and 2nd Street.

THE SECOND PROPOSAL

The city has also received another proposal from Grand Real Estate Advisors. Their proposal is also a six story mixed-use building that would include residential units. The difference is in the type of residential units. GREA is proposing 48-52 condo units that would be priced between $350,000 and $1.3 million. 

The development would include a 3,000 square foot space for a restaurant and bakery on the first floor. Like the Sherman Associates proposal, a dog park would be included on site.

One of the major differences between the two projects is the affordable housing aspect which was one of the main requests from the city. Sherman Associates proposal would include affordable housing on site while GREA is currently in discussions with City of Lakes Community Land Trust on a way to include affordable units elsewhere in the city.

The city of Minneapolis will select a proposal and authorize a land sale at the end of the summer.

 
MOXY Hotel proposal loses some height

Rendering of the new Graves Hospitality proposal | Collage Architects

Plans for a hotel in the Uptown neighborhood recently were changed due to neighborhood opposition.

We wrote a few weeks ago about a new hotel proposed for the Uptown neighborhood. The developer, Graves Hospitality, planned to bring a 9 story hotel with 144 rooms to a busy intersection. The hotel was to be under the MOXY brand, a new hotel chain aimed at millennials developed by Marriott (to learn more about the hotel read our previous post here).

This week the developers came back to the city with new plans for a shorter hotel on the corner of Lake and Emerson. Scaled down by three stories, the proposed hotel now stands at 6 stories at the front and five stories or 58 feet at the back. With the reduction in height came a reduction in number of hotel rooms down from 140 to 123.

As far as the rest of the details for the project they've remained the same. A restaurant is still planned for the ground floor and the hotel is still expected to fall under the Moxy brand, making it one of the first in the country.

We'll have more information regarding this project once it heads to the Minneapolis Planning Commission meeting on February 8th.

 

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.

Mayo Clinic Square lands new restaurant

Mayo Clinic Square will officially be bringing retail and restaurants back to the Hennepin Avenue street level of their newly renovated building/block next year. The Minneapolis/St. Paul Business Journal officially broke news on the topic this past week.

Old Town Pour House (don't confuse it with The Pourhouse nightclub a few blocks down), a Chicago based tavern, will occupy the corner of Seventh Street and Hennepin when it opens in Spring 2016. The corner previously was home to Gameworks and is kiddie corner to Le Chambers hotel and Marin restaurant. 

The restaurant is well known due to the their offerings. We're talking about 90 choices of beer alone (yes, you did read that correctly). Literally if you can dream of a beer they mostly like have it. The food menu features a wide variety of American cuisine such as burgers and wraps, salads, and other bar foods. Prices start around $14.00 for an entree and go up to $22.00.

There still will be plenty of retail space left on the first and second floor of Mayo Clinic Square. Provident Real Estate is looking to find more destination restaurants to fill some of the remaining space along with other exciting retailers.

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