Posts tagged Retail
MAJOR CHANGE FOR PROPOSED DOWNTOWN TOWER
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The Gateway Project has had another design revision, this time removing the hotel and residential components entirely.

United Properties has submitted new documents to the City of Minneapolis now showing a entirely commercial project. The revised plans show a 30 story 458’ building with the overall exterior design remaining largely unchanged.

Three levels of underground parking would include 500 spaces with an entrance off of S 3rd Street. The first two levels above ground would be devoted to 23,000 sqf of retail/restaurant space, some of that space being devoted to a bank branch for RBC. In addition, the lower two levels would also include 14,000 sqf of conference space, a 5,000 sqf fitness center, along with a lobby for the office space within the upper floors of the project.

The office part is where we are seeing a huge change from previous proposals. Now totaling 28 stories in height and 790,000 square feet in space the total office space within the project has nearly doubled. RBC would still occupy 310,000 sqf of office space, remaining the anchor tenant for the building. 

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Other details about the project include skyway access (potentially in two places) and also a public plaza located at the corner of Nicollet Mall and S Washington Avenue. That plaza would be built so that in the future it could accommodate a streetcar line passing through if the city decides to moves forward with the streetcar line. 

United Properties will be responsible for the development of the overall project while Smallwood, Reynolds, Stewart, Stewart & Associates out of Atlanta, Georgia is responsible for the design. 

Construction is expected to begin in 2019 with a completion in 2021.

 
HISTORIC MIXED-USE PROJECT PLANNED FOR NORTH LOOP
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A new project is set to change the look, feel, and shopping scene in the North Loop.

Passed in a unanimous vote this week by the Minneapolis Planning Commission, the project will see the restoration, redevelopment, and new construction of a number of buildings within a city block.

The Commutator Foundry Development will be located at 121 and 125 N 1st Street, next door to Aria and behind another large mixed-use project. The mixed-use project will include 19,000 square feet of ground floor retail space and 5 stories of office space above. 

The current state of the buildings that will be restored, the Roe Wolfe building is not pictured.

The current state of the buildings that will be restored, the Roe Wolfe building is not pictured.

The project will see the restoration of the existing Commutator Hotel, the adjacent Foundry Building, and a one story historic facade found at the back of the site located at 121 N 1st Street.

An interior courtyard will run through the south end of the site, it will be both landscaped and hardscaped for use by the general public and commercial tenants on the ground floor. Two levels of underground parking with a total of 54 spaces will be accessible through the alley adjacent to the courtyard.

That back historic facade is what is going to be one of the extremely interesting pieces of this project. In order to build the underground parking levels, the building will be stabilized structurally and moved off site temporarily. Once those lower levels are completed the facade will be moved back to its original location.

The Commutator Foundry Development (highlighted) and the adjacent new mixed-use development.

The Commutator Foundry Development (highlighted) and the adjacent new mixed-use development.

A WHOLE LOT OF RETAIL

A month ago we reported of a project next door to this site that will include 22,000 square feet of retail space that could potentially be home to five retail spaces, one of which might just be West Elm.

The Commutator Foundry Development will see the addition of 19,000 square feet more of retail space added to the block, the project ultimately could be home to eight different retailers. Two of those retailers would be accessed from the back side of the building from within the interior courtyard, the rest of the retail spaces would have access from both the streetscape and interior of the building.

Now, if we look at this project and the neighboring project put together, we are looking at 41,000 square feet of new retail space and space that could be home to potentially 13 different retailers.

That is a whole lot of retail space for the North Loop and something that could really change the shopping and dining scene within the neighborhood as ground floor commercial space has become increasingly limited in the recent years.

No retailers or companies have been announced for the project yet.

THE DESIGN AND CONSTRUCTION

While the historic Commutator Hotel and Roe Wolfe buildings will be renovated to nearly their  original forms, the new mixed-use structures will have a much more modern look as designed by Snow Kreilich Architects, a look that still fits perfectly into the neighborhood.

The existing 1 story building and 3 story Commutator Hotel facades will be cleaned, repaired, and patched to match the existing brick. All windows will be removed and stored offsite where they will be repaired and prepped to be replaced in their original locations. 

The exteriors of the new buildings will be clad in a light custom masonry. Floor to ceiling windows will be found on the ground floor while the upper floors will feature aluminum windows.

Construction will begin this summer and will take one year to complete with an expected completion in Mid 2019.

 
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.

A WHOLE LOT OF NEW RETAIL SPACE IS COMING TO THE NORTH LOOP
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Work has begun on a new mixed-use project, part of a larger mixed-use project, in Minneapolis' North Loop neighborhood that will eventually bring 40,000 square feet of new retail space to the neighborhood.

Located at 128 Second Street N, the site of what was recently a block wide parking lot, the new six story building will consist of not only retail space, but also apartments on the upper floors. 

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THE NEXT SPOT FOR YOUR RETAIL OBSESSION

If you like to shop or eat, this place will most likely have you covered in the future.

On the ground floor of the building there will be five retail spaces totaling 22,670 sqf of space which is a little more than the amount of retail space found in the neighboring 222 Hennepin mixed-use project (which is home to Whole Foods).

One of the ground floor retail spaces is shown as a rather large space anchoring the corner of Second Street N and First Avenue N. Could that space be the future home of West Elm

While West Elm will be constructing a hotel down the block, the company specifically stated that the store would not be located within the hotel, but rather within close proximity to the hotel.

Now, we're not one to start rumors, however the amount of space included in that one retail space looks, along with it's neighboring retail space, to be around 12,000-15,000 square feet. News broke last year that West Elm is planning a location in the North Loop and if our research proves to be correct, the average West Elm location looks to be about 13,300 square feet... making this space a perfect candidate.

UNIQUE DESIGN

The overall design of the building, which was created by Snow Kreilich Architects, features a few unique things.

The first is a a central courtyard that serves as a unique entry point for the two underground parking levels that will hold 182 parking spaces. It will eventually tie into the courtyard of the other commercial project being built on this block. The courtyard will add another active use on the ground floor of the building, something that will be a perfect fit for the North Loop.

The exterior of the project will be entirely cladded in a dark grey brick. What will be unique about this cladding is the formations in which the brick will be run over the facade. In addition, the use brick for an entire cladding of a building will make this project fit right in to the history of the North Loop.

Another design aspect that is different for this building compared to others recently constructed in the neighborhood is that it will include inset balconies. This means that the entire front of the building will be on one seamless plane without anything architectural details jutting out besides the canopies of the retail spaces found on the ground floor.

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RESIDENTIAL ASPECT

In addition to the ground floor retail, the project will also be home to 156 apartments on floors two through six including studios, 1 bedroom apartments, 2 bedroom apartments, and a few two story lofts overlooking the shared courtyard.

Residential amenities will include multiple outdoor spaces, a fitness center, ground floor lobby, and more.

The project is expected to be completed in Fall 2019.

Starbucks returning to Dinkytown

Starbucks will open their sixth University of Minnesota area location Halloween weekend. It will mark the return of Starbucks to Dinkytown after an almost five year hiatus. The original location at 1500 4th Street SE closed due to the development of Sydney Hall Apartments by Doran Companies which occurred in 2010.

Starbucks newest coffeehouse will open at 419 14th Avenue SE in the recently completed Venue at Dinkytown project developed by Opus Corporation. The retail space will be located directly next to Goodwill's newest retail concept Gina and Will

Above: Starbucks newest location in Dinkytown near the University of Minnesota campus.

Above: Starbucks newest location in Dinkytown near the University of Minnesota campus.

The return of Starbucks to Dinkytown really marks the chains success within the greater University of Minnesota area and the Minnesota market in general. The company added a Lind Hall location on campus two years ago along with an additional location at Carlson School of Business. With the new Dinkytown location opening up it will mark the seventh location for the company in the University of Minnesota area. There are currently 17 locations within the city of Minneapolis itself and to be honest you probably can't even fathom the number within the metro area. There's quite a few.

The Dinkytown Starbucks will be smaller than the location on Washington Avenue in nearby Stadium Village. It is likely to feature the new prototype with vintage design elements along with university motifs paying homage to the University of Minnesota. The location has prominant street presence with large windows opening the space to 14th Avenue SE. Inside the location there will be tall ceilings which will allow the space to feel significantly larger.

Check back right here at The Development Tracker | Minneapolis in about two weeks for photographs of the completed project.