Prospect Park

HOME2 SUITES BY HILTON IN THE WORKS FOR PROSPECT PARK

A new extended stay hotel is planned for the Prospect Park neighborhood.

Developer Jeff Barnhart of Prospect Park Properties is planning on building a six-story, 112 room Home2 Suites by Hilton hotel at 2800 University Avenue. The site is currently home to a two-story office building that was built in the early 1980’s along with a surface parking lot.

THE BRAND 

Never heard of Home2 Suites by Hilton? We’ll fill you in.

The Home2 Suites by Hilton brand is made up of affordable and contemporary all-suite extended hotels. The hotels feature a large 4,200 square foot lobby called “The Oasis” that feature communal and individual work zones, a market, a fitness area, wireless printing and complimentary Wi-Fi.

The main competitors to the brand are TownePlace Suites by Marriott and Candlewood Suites Hotels by ING.

The first Home2 Suites by Hilton opened in in 2009 and today there are over 300 locations spread across the United States and Canada. Currently in Minnesota there are five Home2 Suites by Hilton locations with the most recent having opened in Brooklyn Park. Another location is currently under construction in Downtown Minneapolis that will be dual branded with a Tru by Hilton hotel. 

THE SITE

Now, if you’re familiar with the site you might have already realized that the proposed Home2 Suites would be directly next door to a Hampton Inn and Suites by Hilton that was constructed a few years ago. That project was developed by the same developer and there are plans to actually connect the two hotels once construction on the Home2 Suites is complete

101 parking spaces on one underground level and one surface level are also planned as a part of the project. The parking would be shared by both hotels. 

Tushie Montgomery Architects is responsible for the design of the hotel which will be clad in stucco, brick and metal panels. The building will feature the latest Home2 Suites prototype design which includes their signature glowing rooftop beacon.

THE DEVELOPER

Prospect Park Properties has been quite the active developer in the neighborhood.

As mentioned above they completed the Hampton Inn & Suites next door and a few years back they also completed The Link, a large mixed-use development down the block that includes apartments, retail space and a Fresh Thyme grocery store. They’re currently also developing The Pillars of Prospect Park, a senior living building located next to The Link. Last but not least, last month they also completed work on a residential building just a few blocks away called the Green on Fourth.

Plans for Home2 Suites by Hilton in Prospect Park have already been presented to the Minneapolis Planning Commission Committee of the Whole at their July 25th meeting. Plans are expected to be filed with the City of Minneapolis Planning Commission for approval in the coming weeks.

 

RESIDENTIAL BUILDING PLANNED FOR PROSPECT PARK

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Looking for housing within Prospect Park? We've got news for you in the form of another project being planned for the ever-growing neighborhood.

Located at 2813 4th Street SE, 4th Street Lofts will be located on a site that is currently a parking lot on the corner of the Green Line's Prospect Park station. The new 6 story building would include 169 residential units, the majority of which would be studios, along with one and two bedroom units.

Now, let's get specific when it comes to those units. This project is unique as so many of the units are studios, typically that style of unit would only be a small portion of the units within the overall project. The developer feels that these units are perfectly suited for the neighborhood as a large amount of its population is college students, many of which are looking for their own place. The 107 micro-units would average about 390 square feet. 

In addition to those studios there would 36 one bedrooms and 26 two bedrooms located within the building. 40 parking spaces and 144 bike storage spaces would be located on one level of underground parking within the building.

THE DESIGN AND CONSTRUCTION

An aerial showing other development projects happening within the area (The 4th Street Lofts project is located in the upper left corner).

An aerial showing other development projects happening within the area (The 4th Street Lofts project is located in the upper left corner).

Designed by Minneapolis based architectural firm ESG, the ground floor of the property would include over 7,100 square feet of residential amenities. Among those amenities would be a large lobby, clubroom, and fitness center. Those amenities wouldn't be the only thing located on the ground floor, there'd also be 11 residential units, mostly studios.

Floors 2-6 would include additional residential units with a mix studios, 1 bedroom units, and two bedroom units. The sixth floor would include a clubroom with a large outdoor deck and views of the Downtown Minneapolis skyline.

With the building being a L shape, the ground floor would also feature a large outdoor lawn area behind the building with lounge space and an outdoor parking area for 23 bikes.

The building would be clad in brick on the ground floor with the upper levels of the project being clad in white stucco with accents of wood composite and metal panels.

Previously this project received feedback from the City of Minneapolis' Planning Commission on June 28th, 2017, it has since been revised taking that feedback into consideration. It will go before that same committee at their February 20th meeting this month for approval.

 

10 STORY SENIOR LIVING PROJECT PLANNED FOR PROSPECT PARK

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Another mixed-use project is being planned for the Prospect Park neighborhood, this time around it won't be student housing, but rather Senior Living units.

Located at 22 Malcolm Avenue SE, "Prospect Park Senior Living" will be constructed on a site that is currently home to a day care center, industrial building, and multiple surface parking lots. The building itself will feature three varying building heights going from four stories, to six, and at its highest point, standing ten stories tall. The project will be home to 283 senior living residential units and 8,700 square feet of retail.

6,634 square feet of that retail space would be found within the four story section of the building fronting University Avenue and would be home to a child care center. Most likely the day care space will be home to Children's Village Montessori Day Care as their current home will be torn down in order to make way for the new project.

Another retail space of 2,144 square feet will be located at the back left corner of the building on the corner of 30th Avenue SE and 4th Street SE. Perfect home for a Starbuck's?

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SENIOR LIVING

This project will serve an underdeveloped area within the housing market; the senior citizen sector. All 283 residential units within the building will be devoted to senior citizen living, however not all them will be the same format or living situation.

In the six story section of the building that will front 4th Avenue SE (at the backside of the lot) there will be 118 individual living units. These units will be more like a traditional apartment, however they will still have access to the medical care and 24 hour monitoring that the other units within the project will have access to.

The 10 story section of the building, which will front Malcolm Avenue SE on the East side of the site, will be home to a total 177 additional residential units.

54 of those residential units will be Memory Care units and will be home to senior citizens with memory loss diseases such as Alzheimer's. The remaining 123 units will be Assisted Living units and will be home to senior citizens who need care and aid with everyday tasks.

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AN EXPLOSION OF GROWTH

This project is just the latest to surface in an area that is seeing an explosion of growth. 

Next door, The Link, will open in May. That project will offer over 325 residential units aimed at working professionals and students, along with 41,000 square feet of retail space. About 30,000 square feet of that space is already spoken for and will be home to a Fresh Thyme Farmers Market which will open this summer.

Behind that project another residential project, The Green on Fourth, is planned. That project will bring a six story residential building with 243 residential units. To its left, 4th Street Lofts is being planned, which will be another 6 story residential building that will be home to 163 units. If you go to the right side of the The Green on Fourth, ANOTHER residential building is being planned that will be 5 stories tall and be home to 70 residential units.

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To top it all off, the area behind all of these projects is also undergoing a redevelopment.

Malcolm Yards Market, a new food hall, is expected to open sometime this year in a historic building that is being restored and expanded. In addition, Midwest Climbing will be opening a new climbing facility in the area in a few years.

Lastly, a developer has recently proposed an additional mixed-use project off of Malcolm Avenue SE that would include over 50,000 square feet of retail space along with residential units and potentially office space. Do we really need to say it? This area is BOOMING.

If you're curious to see where all the projects mentioned above are located, take a look at our Development Map. It's packed with information and images.

Prospect Park Senior Living is expected to be completed in early 2019.