I remember a proposed 25 story office building ... do you think this is office or residential?grant1simons2 wrote: ↑June 12th, 2019, 1:13 pmHeard a rumor of 42 stories... don't quote me on that
Downtown Minneapolis General Topics & Development Map
Re: Downtown Minneapolis General Topics & Development Map
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Re: Downtown Minneapolis General Topics & Development Map
This is the old 25-story office building proposal that was cancelled...TroyGBiv wrote: ↑June 19th, 2019, 1:33 amI remember a proposed 25 story office building ... do you think this is office or residential?grant1simons2 wrote: ↑June 12th, 2019, 1:13 pmHeard a rumor of 42 stories... don't quote me on that
https://www.bizjournals.com/twincities/ ... r-and.html
viewtopic.php?f=13&t=1634&p=37039&hilit=hines#p37039
Re: Downtown Minneapolis General Topics & Development Map
It would be great to have more office space, but I don’t know if the market could take it right now. I would imagine that it will either end up being luxury apartments or condos. I’m guessing that the area is zoned for very high density because of it’s proximity to downtown and to the train station.
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Re: Downtown Minneapolis General Topics & Development Map
So they just started work on the Hennepin Avenue reconstruction from Washington Avenue to12 street. Last year they worked on the portion that runs through the Lyndale Hennepin convergence. There is a gap between these two projects. What about the portion from 12th St. to 16th St.? It’s a little over a quarter mile in length.
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Re: Downtown Minneapolis General Topics & Development Map
Agreed. My gut feeling is that, while there will continue to be smaller companies that choose to locate downtown, we've seen all the big moves we're going to see for a while. By now companies have looked at it and have decided if it makes sense for them. But that is just a gut feeling, and could be wrong.
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Re: Downtown Minneapolis General Topics & Development Map
I don't do CRE anymore, but while there is a lot of vacant space in downtown, what is available is not what most tenants want. If you need 10-30k square feet of nice space with the ability to expand, your options are pretty limited or nonexistent. There is definitely demand for new office space, but to do it on spec without a big tenant lined up remains a hurdle.
Re: Downtown Minneapolis General Topics & Development Map
Dayton's should help with that - or are those floorplates actually too big?
I'm not sure if RBC Plaza is still considered Class A, but a huge chunk of that will open up when RBC and the Pohlad companies move into the Gateway.
I'm not sure if RBC Plaza is still considered Class A, but a huge chunk of that will open up when RBC and the Pohlad companies move into the Gateway.
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Re: Downtown Minneapolis General Topics & Development Map
Most of the recent residential growth in downtown St. Paul has been driven by Class B/C conversions. As far as I know, that hasn't happened at all in downtown Minneapolis in the past decade. How much vacant, older, narrow floorplate office is out there? Has there been any recent inventory?
Re: Downtown Minneapolis General Topics & Development Map
There was talk a couple years ago of converting Northstar Center into residential. I haven't heard anything since.
Re: Downtown Minneapolis General Topics & Development Map
The Soo Line Building at 5th and Marquette was a office conversion to residential way back in 2012 or so, and the Rand Tower (on the same block!) and 317 2nd Ave S are both currently under construction to be converted from office to hotels. I can't think of anything else since I started paying attention to this kind of thing
Edit: the Luminn Hotel at 219 4th St S was also a conversion from vacant office space, I believe.
Edit: the Luminn Hotel at 219 4th St S was also a conversion from vacant office space, I believe.
Joey Senkyr
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Re: Downtown Minneapolis General Topics & Development Map
The Foshay was also converted from (very inefficient) office to hotel.
Re: Downtown Minneapolis General Topics & Development Map
The Embassy Suites on Hennepin was a big one.
Re: Downtown Minneapolis General Topics & Development Map
They have started removing the old facade of this building. It’s going to be an interesting view when open.nordeast homer wrote: ↑October 31st, 2018, 1:52 pmGreat to see! It'll be nice to see some new retail down in this area.MN Fats wrote: ↑October 31st, 2018, 12:28 pmFormer YMCA building at 30 S 9th purchased for ~$5 million.
http://www.startribune.com/swervo-pays- ... 499169001/
Re: Downtown Minneapolis General Topics & Development Map
So, I hate to be that guy that brings a thread to the top making it look like there is news when I just have a question...so I will ask this here:) I don't live in Minneapolis anymore...I wonder does anyone have any recent pics or an update about how Peavey Plaza is looking? Isn't that supposed to be almost done at this point? Also, and progress on tree replacing on Nicollet? How is that looking in year two? I know there is still a ton of vacant space, but at least the old B&N space is nearly built out. The restaurant patios/flowers looking good? Considering the city neglected to include any flower pots in the new design!! How dumb was that?!
Thanks in advance for any pics or commentary
I miss making my rounds to see how things are looking.
Thanks in advance for any pics or commentary

Re: Downtown Minneapolis General Topics & Development Map
Construction photos and timeline of current activity on the city's website: http://www.ci.minneapolis.mn.us/publicw ... /index.htm
Re: Downtown Minneapolis General Topics & Development Map
I think they replaced all the dead trees (or at least I saw them replacing dead trees one day, impressively with similar-sized trees, and assume they did all of them).
Re: Downtown Minneapolis General Topics & Development Map
Thanks guys!
I hadn't found that page.
I hadn't found that page.
Re: Downtown Minneapolis General Topics & Development Map
New partial office to apartment conversion in Elliot Park. https://finance-commerce.com/2019/06/sc ... nneapolis/
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Re: Downtown Minneapolis General Topics & Development Map
Anyone know when this is supposed to end? Seems like it's taking an amazingly long time.
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Re: Downtown Minneapolis General Topics & Development Map
Hah, I was just about to ask about this too. What are they even doing?
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