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Re: Downtown Minneapolis Office Market

Posted: June 2nd, 2016, 1:37 pm
by HiawathaGuy
Stinson Leonard Street plans 325-employee HQ move in downtown Minneapolis
http://www.bizjournals.com/twincities/n ... -move.html

The new 16 year lease will move them out of 140,000 sq ft in Fifth Street Towers to 105,000 sq ft in 50 South Sixth Street in late 2017.

Re: Downtown Minneapolis Office Market

Posted: June 9th, 2016, 7:28 am
by bapster2006
Amazon to open office downtown and hire 100:

http://m.startribune.com/amazon-to-open ... ection=%2F

Re: Downtown Minneapolis Office Market

Posted: June 9th, 2016, 7:43 am
by HiawathaGuy

Re: Downtown Minneapolis Office Market

Posted: July 22nd, 2016, 3:24 pm
by HiawathaGuy
Report: Vacancy rates at or near pre-recession lows
http://finance-commerce.com/2016/07/rep ... sion-lows/
*LOCKED*

Re: Downtown Minneapolis Office Market

Posted: September 20th, 2016, 9:50 am
by grant1simons2
http://primeacademy.io/news

Prime Academy to move to Grain Exchange in 2017

Re: Downtown Minneapolis Office Market

Posted: September 27th, 2016, 2:49 pm
by HiawathaGuy
Marketing firm Clear Night Group moving 110 employees to North Loop
http://www.bizjournals.com/twincities/n ... g-110.html

Re: Downtown Minneapolis Office Market

Posted: October 5th, 2016, 3:57 pm
by grant1simons2
Image

Newer rendering of the Baker Center renovation

Re: Downtown Minneapolis Office Market

Posted: October 17th, 2016, 4:20 pm
by talindsay
This may not be a popular opinion, but I rather like the current Baker Center exterior. I'd rather they rehabbed it than renovated it.

Re: Downtown Minneapolis Office Market

Posted: October 18th, 2016, 8:10 am
by nBode
I can't say I like the current exterior, but I don't think it's bad at all, with the exception of the first floor. I think they could just open that up some and then replace the glazing/window wall system and it would be just fine.

Re: Downtown Minneapolis Office Market

Posted: October 26th, 2016, 7:44 am
by acs
Select Comfort is moving it's headquarters and about 900 employees from Plymouth to 1001 3rd Ave. S.

http://www.startribune.com/select-comfo ... 398671351/

Isn't this the vacant server farm building? did someone renovate it and we missed it?

Re: Downtown Minneapolis Office Market

Posted: October 26th, 2016, 8:25 am
by MNdible
Wow, that's a nice win for downtown!

Re: Downtown Minneapolis Office Market

Posted: October 26th, 2016, 8:37 am
by Silophant
Huh. Another brand I definitely recognize, that I had no idea was based in Minnesota. Cool!

Re: Downtown Minneapolis Office Market

Posted: October 26th, 2016, 9:02 am
by acs
http://www.bizjournals.com/twincities/n ... -from.html

Bizjournal unlocked story for those who want the details. Didn't know the exact history of this weird building or that it could be connected to the learnington ramp via skyway.

Re: Downtown Minneapolis Office Market

Posted: October 26th, 2016, 11:24 am
by jw138
This is fairly sizeable. How big of dent does it actually put in downtown vacancy rates?

Re: Downtown Minneapolis Office Market

Posted: October 26th, 2016, 12:51 pm
by grant1simons2
I'm waiting for Prudential to move downtown from their campus in Plymouth

Re: Downtown Minneapolis Office Market

Posted: October 26th, 2016, 1:48 pm
by Tiller
grant1simons2 wrote:I'm waiting for Prudential to move downtown from their campus in Plymouth
How many people work there?

Re: Downtown Minneapolis Office Market

Posted: October 26th, 2016, 2:20 pm
by DanB
Great news about Select Comfort with 900 employees moving and a 211,000 square foot 15 year lease according to Startribune. As far as prudential goes I wonder if losing their helipad would be a deal breaker? I think HCMC's is the only one in downtown.

Re: Downtown Minneapolis Office Market

Posted: October 26th, 2016, 2:22 pm
by mattaudio
That 1980s deep blue Ameriprise block could sure use some upgrades on the street. Other than the building entrance on the corner of 3rd Ave and 10th St, the sidewalk frontage is entirely blank walls.

Re: Downtown Minneapolis Office Market

Posted: October 28th, 2016, 6:27 am
by bapster2006
The IDS data center has come up as a topic, so here are a few articles I clipped from the newspaper in 1988 to show the history. The first article is in the upper right, and the second article a few weeks later starts at the bottom.

ImageIDS data center Minneapolis newspaper article 1988 by Matt Bappe, on Flickr

Re: Downtown Minneapolis Office Market

Posted: October 28th, 2016, 8:59 am
by MattW
mattaudio wrote:That 1980s deep blue Ameriprise block could sure use some upgrades on the street. Other than the building entrance on the corner of 3rd Ave and 10th St, the sidewalk frontage is entirely blank walls.
I would think they'd try and get a show room, at minimum, on street level to get convention attendees.