LPM Apartments - (376' - 36 Stories)

Downtown - North Loop - Mill District - Elliot Park - Loring Park
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Nick
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Re: LPM Apartments - (376' - 36 Stories)

Postby Nick » April 6th, 2015, 5:04 pm

A bit of non-Consortium cybersleuthing also reveals this plan review from a couple weeks ago for a place called "Eggy's":

http://apps.ci.minneapolis.mn.us/PIApp/ ... 2924310130

There is also a diner in a Magellan project in Chicago called Eggy's:

http://www.eggysdiner.com/

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Nick
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Re: LPM Apartments - (376' - 36 Stories)

Postby Nick » April 6th, 2015, 5:11 pm

MNdible wrote:I seem to recall that Dangerous Man was able to get the restriction lifted for taprooms, right?
Reviewing the 'ole MCO, it looks like they changed the 300 foot requirement for taprooms specifically for churches, but not for schools:

https://www.municode.com/library/mn/min ... SCREINPLAS

https://www.municode.com/library/mn/min ... 362.46BRTA

This site is zoned B4N, though, so it looks like they're good.

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Re: LPM Apartments - (376' - 36 Stories)

Postby John » April 6th, 2015, 7:35 pm

Nick wrote:A bit of non-Consortium cybersleuthing also reveals this plan review from a couple weeks ago for a place called "Eggy's":

http://apps.ci.minneapolis.mn.us/PIApp/ ... 2924310130

There is also a diner in a Magellan project in Chicago called Eggy's:

http://www.eggysdiner.com/
So it appears all the LPM retail space will be filled this summer. I think it's great news and should liven up this area quite a bit.

mog
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Re: LPM Apartments - (376' - 36 Stories)

Postby mog » April 6th, 2015, 7:44 pm

proverfent wrote:This is my very first post. I have been following urbanmsp for about a year now and check it religiously. I had to create an account when I saw something was going to be in LPM. As a person who is moving to LPM this summer, I am very excited to see it will be a brewery. I think it will bring something fresh and new to Loring Park. I know there are several restaurants nearby on Nicollet, as well as Lorking Kitchen, one block away, but does anyone think news of a brewery could bring any new restaurants near LPM, or Loring Park in general?
You should let us know if you find anything out about the leasing situation. I am really curious to see if they start filling up this summer.

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Re: LPM Apartments - (376' - 36 Stories)

Postby maxbaby » April 7th, 2015, 5:41 am

Is the crown lit up now like in the renderings?

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Re: LPM Apartments - (376' - 36 Stories)

Postby EOst » April 7th, 2015, 7:15 am

Not that I've seen.

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Re: LPM Apartments - (376' - 36 Stories)

Postby go4guy » April 7th, 2015, 8:26 am

Maybe someone who is in communication with a council member can ask why that is. How can a developer have plans approved, and then not follow thru on them?

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Re: LPM Apartments - (376' - 36 Stories)

Postby twincitizen » April 7th, 2015, 8:31 am

It would probably be more appropriate to contact the building management or Magellan directly. The city isn't going to know anything about reasons for lighting or not lighting the crown, and no...a minor architectural feature like that would not be a condition of approval. If, theoretically, exterior lighting got dropped or modified for cost reasons or whatever, it simply would have been part of plan revisions signed off by some building official. If they aren't changing anything to do with zoning (leaseable space, parking, signage, landscaping, etc.) then CPED likely isn't even privy to those minor detail changes.

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Nathan
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Re: LPM Apartments - (376' - 36 Stories)

Postby Nathan » April 7th, 2015, 9:41 am

A friend of mine who works at lpm, said they're at 50 percent.

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TommyT
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Re: LPM Apartments - (376' - 36 Stories)

Postby TommyT » April 7th, 2015, 9:55 am

twincitizen wrote:It would probably be more appropriate to contact the building management or Magellan directly. The city isn't going to know anything about reasons for lighting or not lighting the crown, and no...a minor architectural feature like that would not be a condition of approval. If, theoretically, exterior lighting got dropped or modified for cost reasons or whatever, it simply would have been part of plan revisions signed off by some building official. If they aren't changing anything to do with zoning (leaseable space, parking, signage, landscaping, etc.) then CPED likely isn't even privy to those minor detail changes.
I know the lighting on Lime was changed drastically from the initial renderings as well, it was supposed to have some sort of display on top of the corner portion and we ended up with LED strip lighting around the balconies... which I hope they reprogram to do something a little more interesting at some point.

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Re: LPM Apartments - (376' - 36 Stories)

Postby bapster2006 » April 7th, 2015, 11:09 am

Nathan wrote:A friend of mine who works at lpm, said they're at 50 percent.
That's good to hear. They jumped up in recent months then. Maybe some out of state developers will stick around for future projects.

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Re: LPM Apartments - (376' - 36 Stories)

Postby mog » April 7th, 2015, 11:18 am

Nathan wrote:A friend of mine who works at lpm, said they're at 50 percent.
Thanks for the update. That is encouraging, given how low the vacancy rate was earlier this year.

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Re: LPM Apartments - (376' - 36 Stories)

Postby proverfent » April 7th, 2015, 2:35 pm

So I think the addition of Eggy's Diner, (potential, due to it's location in another Magellan building) is a great thing, but how do you think Nicollet Diner would fair?!

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Re: LPM Apartments - (376' - 36 Stories)

Postby proverfent » April 7th, 2015, 4:21 pm

Although not LPM building related, LPM management did post this on facebook. Yay for new restaurants in Loring Park! I love this area! It's a new restaurant where Joe's Garage used to be.

https://www.facebook.com/pages/LPM-Apar ... 7687867330

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Re: LPM Apartments - (376' - 36 Stories)

Postby seanrichardryan » April 7th, 2015, 5:21 pm

Out-of-state money on this one. Owner lives in CA. http://www.lakesandlegends.com/
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Nick
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Re: LPM Apartments - (376' - 36 Stories)

Postby Nick » April 7th, 2015, 5:21 pm

Would be kinda surprised if it was 50% occupied--the top half on the skyline side looks to be pretty full but most of the rest of it is still empty.

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Re: LPM Apartments - (376' - 36 Stories)

Postby Wedgeguy » April 7th, 2015, 7:08 pm

If you want to live in a tower then your options are pretty limited. If you want an updated tower with the works it shrinks even more. I was only a matter of time before this tower filled up. Nic had the prime location with the mall and LRT station making it more of a prime choice for many. So it had to fill more first before tenants had to look else where.

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Nathan
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Re: LPM Apartments - (376' - 36 Stories)

Postby Nathan » April 8th, 2015, 6:09 am

Nick wrote:Would be kinda surprised if it was 50% occupied--the top half on the skyline side looks to be pretty full but most of the rest of it is still empty.
Well, surprise!

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Re: LPM Apartments - (376' - 36 Stories)

Postby emily612apts » April 8th, 2015, 3:06 pm

Sorry, guys- only 27% occupied, leased in the 30's% and they are willing to hold apartments for 90 days... They turn the lights on to make it look more occupied. Insider info.

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Re: LPM Apartments - (376' - 36 Stories)

Postby IllogicalJake » April 8th, 2015, 9:12 pm

emily612apts wrote:They turn the lights on to make it look more occupied. Insider info.
I don't get why people keep saying this as if it's uncommon, though. Hotels, apartment buildings, and even office buildings do this for various reasons...
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