Velo Apartments - (103 Second Street North)

[Nathan]

What I do really like about this rendering is the Blue on the Tower that fronts N. Second. It's not tall, or crazy, but I think that serves a good beacon to people on Hen that might venture into the North Loop without knowing what the neighborhood is like. Right now if you look down Second it's a little drab and uninviting, that seems to say "come this way, it's nice in here" lol

[John]

A beautiful design that complements the 222 project nearby. Can't wait to watch its construction!

[mister.shoes]

Is this going to cover the whole block or just a portion?

[Nathan]

The East corner quarter only

[beykite]

Opus moves ahead with Velo apartments
Minneapolis / St. Paul Business Journal by Sam Black, Senior reporter

Opus is about to begin work on its latest project: the Velo, a boutique luxury apartment complex in downtown. Opus Group is about to begin pumping up the tires on its latest project: the Velo, a bicycle-inspired boutique luxury apartment complex in downtown Minneapolis.

The Minnetonka-based developer found a financial partner for the 101-unit apartment complex on a site owned by Merit Printing at 103 Second St. N. in the Warehouse District. Opus announced plans for the project in February... Continue

Article goes on to say construction will start in April 2013 and open about spring 2014, a few months before Nic on Fifth.

[seanrichardryan]

Opus has already sold this project:

http://finance-commerce.com/2012/12/ber ... o-project/

[Nick]

^That's my landlord! But the Strib article says Opus is still the developer, Sentinel will just manage it once it's open.

[minnyapple]

Any updates on this project?

[gahwi003]

Any updates on this project?

Supposed to begin construction in April I believe.

[minnyapple]

^^

Ok, Thanks. Pretty soon then. Looking forward to this one.

[twincitizen]

MSP BJ (heh) reports that this one will break ground this week.

[John]

Great to see this project get started. Arguably, one of the best apartment developments to go up in terms of design , and I like their marketing idea of paying homage to Minneapolis' dynamic urban bike culture. The developer definitely "gets it" with this one.

[gahwi003]

This is on the top of my "favorites list". The design is still a little too "normal", but definitely ahead of the curve.

[Nathan]

The design is good/decent, but the best part of this project is that it makes it so that someone might actually WANT to walk N of Washington on 1st avenue. It has a great street presence there. (unlike it's new neighbor who decidedly neglects 1st, but hopefully Whole Foods will have an entrance or at lease glassy-ness on this corner too).

[mullen]

this is one of my favorites also. it's similar to a lot of the new stuff, but looks to be more urbane and sophisticated. bringing new life to that stretch of 1st.

[woofner]

From a distance I just observed Merit surrounded by Jersey barriers (ped detours?) and crawling with burly men in reflective yellow. It appears that doings are afoot. MSP BJ got a head of the crowd on this one.

[John]

I'm hoping they are going to open up a nice bike/repair shop here. We need one downtown!

[twincitizen]

John, check out One on One. It's right around the corner from here at 117 N Washington http://www.oneononebike.com/

We might need one on the other end of downtown, but not here.

[John]

John, check out One on One. It's right around the corner from here at 117 N Washington http://www.oneononebike.com/

We might need one on the other end of downtown, but not here.

Thanks. I've actually been there, but I forgot about it ( wait till your my age ). Very excited this project is starting!

[mplser]

There's also Alley cat Cycles by Loring Park. Elliot Park or downtown east needs one though.