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Re: Thrivent Headquarters Block - 6th St and Portland Ave

Posted: June 8th, 2018, 10:50 am
by mattaudio
I thought I saw some sort of backhoe in the NE corner of the lot digging away on Wednesday afternoon.

Anyways, I'm not wild about the giant alleyway through the middle of the block. These are becoming way too common, and they dilute the already miniscule street-activating presence of downtown land uses. This is still a huge improvement, but that's my main gripe compared to the type of development you'd see a little closer to the downtown core. It's not like the block will be ringed with a dozen storefronts or something.

Re: Thrivent Headquarters Block - 6th St and Portland Ave

Posted: June 8th, 2018, 11:28 am
by SurlyLHT
I think the backhoe was for taking down the billboard. I saw them taking it down a couple days ago.

Re: Thrivent Headquarters Block - 6th St and Portland Ave

Posted: June 8th, 2018, 11:34 am
by amiller92
Status update: there's currently a parked backhoe and some stored jersey barriers in the northeast corner. If there's any actual activity, it's in the extreme southwest corner that I can't see (i.e., I don't think there's any activity).

Re: Thrivent Headquarters Block - 6th St and Portland Ave

Posted: June 8th, 2018, 4:50 pm
by MinnMonkey
I have noticed all 3 of their lots have been closed this week. The full block, the half block by their current building and the quarter block next to the Sexton building.

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Re: Thrivent Headquarters Block - 6th St and Portland Ave

Posted: June 8th, 2018, 6:13 pm
by Silophant
Huh. I thought the point of the parking ramp on their current block was that it was to be done and parkable before they closed down the full block lot, to prevent employee parking disruption.

Re: Thrivent Headquarters Block - 6th St and Portland Ave

Posted: June 12th, 2018, 12:12 pm
by amiller92
They were putting jersey barriers up around the full block this afternoon and there's a Reuter Walton trailer on the half block, which has chain link around half of the lot too.

Re: Thrivent Headquarters Block - 6th St and Portland Ave

Posted: June 12th, 2018, 12:49 pm
by phop
The ramp/apartments project on the half-block has apparently broken ground:

https://finance-commerce.com/2018/06/he ... partments/

Re: Thrivent Headquarters Block - 6th St and Portland Ave

Posted: August 8th, 2018, 9:20 am
by MNdible
From this article:
Sherman Associates had struck a deal with Thrivent Financial to develop half of its block headquarters in Downtown East with an apartment tower and hotel, but Sherman has pulled out of the project due to rising construction costs, higher interest rates and more conservative lending. Thrivent is now inviting other developers to share their ideas for the site, the company said.

Re: Thrivent Headquarters Block - 6th St and Portland Ave

Posted: August 8th, 2018, 10:12 am
by VacantLuxuries
"When does this end?"

Hopefully with projects deep into construction on the remaining block-sized surface lots downtown so the next cycle doesn't have as much low hanging fruit to work with.

Re: Thrivent Headquarters Block - 6th St and Portland Ave

Posted: August 8th, 2018, 12:27 pm
by minntransplant
Haven't people been asking that question the past 3-4 years? Unless the economy goes into a deep recession, I doubt there will be a sustained downturn in the level of development that's been happening. There are plenty of national developers that have the cash to keep things moving. High construction costs aren't going away anytime soon (but I think this will lead to more innovation). The fact we've seen new players enter our market in recent years is a healthy sign as well. We have reached a point where downtown Minneapolis is ~that~ popular to support a couple projects every year despite what the vacancy rate looks like or how the economy is performing overall.

Re: Thrivent Headquarters Block - 6th St and Portland Ave

Posted: August 8th, 2018, 1:16 pm
by HiawathaGuy
minntransplant wrote:
August 8th, 2018, 12:27 pm
Haven't people been asking that question the past 3-4 years? Unless the economy goes into a deep recession, I doubt there will be a sustained downturn in the level of development that's been happening. There are plenty of national developers that have the cash to keep things moving. High construction costs aren't going away anytime soon (but I think this will lead to more innovation). The fact we've seen new players enter our market in recent years is a healthy sign as well. We have reached a point where downtown Minneapolis is ~that~ popular to support a couple projects every year despite what the vacancy rate looks like or how the economy is performing overall.
I couldn't agree more! I thought that headline was pretty dumb.

Minneapolis has had $1 Billion+ in development every year for the past 6 years now. Sometimes it feels like people think Minneapolis is some sleepy hobunk town in western Montana... We're growing faster than most all midwestern cities, we have one of the lowest unemployment rates for a metro area in the nation, we have a highly educated workforce, etc. etc. etc. There are many reasons people are moving here, and unless the economy falls to shambles, things aren't likely to change.

Re: Thrivent Headquarters Block - 6th St and Portland Ave

Posted: August 10th, 2018, 8:44 am
by Oreos&Milk
SurlyLHT wrote:
June 7th, 2018, 12:03 pm
Captured.JPGPacket http://minneapolismn.gov/www/groups/pub ... 211556.pdf

It's sort of weird that one of the models shows the Thrivent HQ as taller?
attachment=0]CaptureE.JPG[/attachment][
So many 1 bedrooms and Studio's in a building with a daycare? Just seems childish, with no room to grow. :lol: :roll:

Re: Thrivent Headquarters Block - 6th St and Portland Ave

Posted: August 10th, 2018, 9:02 am
by HiawathaGuy
Oreos&Milk wrote:
August 10th, 2018, 8:44 am
SurlyLHT wrote:
June 7th, 2018, 12:03 pm
Captured.JPGPacket http://minneapolismn.gov/www/groups/pub ... 211556.pdf

It's sort of weird that one of the models shows the Thrivent HQ as taller?
attachment=0]CaptureE.JPG[/attachment][
So many 1 bedrooms and Studio's in a building with a daycare? Just seems childish, with no room to grow. :lol: :roll:
Doesn't really matter anymore though, as they apartment/hotel portion of the project is currently not happening as planned. Perhaps the next developer will be more thoughtful.

Re: Thrivent Headquarters Block - 6th St and Portland Ave

Posted: October 16th, 2018, 12:48 pm
by mattaudio
We're up to four tower cranes between the two Thrivent blocks.

Re: Thrivent Headquarters Block - 6th St and Portland Ave

Posted: October 19th, 2018, 12:45 pm
by zlkahn
Image
Image

Re: Thrivent Headquarters Block - 6th St and Portland Ave

Posted: October 21st, 2018, 10:29 pm
by Oreos&Milk
Nice, picture of all the cranes. Almost makes ya forget those cranes are a good x2 the height this building would every be even with a 40ft. flag pole on top.. lul.

Re: Thrivent Headquarters Block - 6th St and Portland Ave

Posted: April 21st, 2019, 12:05 pm
by bapster2006
Both Thrivent blocks and the crane for the city office building.

ImageThrivent blocks development Minneapolis 4-21-19 by Matt Bappe, on Flickr

Re: Thrivent Headquarters Block - 6th St and Portland Ave

Posted: April 23rd, 2019, 6:38 am
by Qhaberl
Have they figured out what’s going to be built on the southern portion of the driving book yet? The part of the block not currently occupied by the new headquarter building.


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Re: Thrivent Headquarters Block - 6th St and Portland Ave

Posted: April 23rd, 2019, 8:19 am
by MattW
Qhaberl wrote:
April 23rd, 2019, 6:38 am
Have they figured out what’s going to be built on the southern portion of the driving book yet? The part of the block not currently occupied by the new headquarter building.


Sent from my iPhone using Tapatalk
Literally on the previous page.
SurlyLHT wrote:
June 7th, 2018, 12:03 pm
Captured.JPGPacket http://minneapolismn.gov/www/groups/pub ... 211556.pdf

It's sort of weird that one of the models shows the Thrivent HQ as taller?
attachment=0]CaptureE.JPG[/attachment][

Re: Thrivent Headquarters Block - 6th St and Portland Ave

Posted: April 23rd, 2019, 8:32 am
by Nathan
Literally on this page.
MNdible wrote:
August 8th, 2018, 9:20 am
From this article:
Sherman Associates had struck a deal with Thrivent Financial to develop half of its block headquarters in Downtown East with an apartment tower and hotel, but Sherman has pulled out of the project due to rising construction costs, higher interest rates and more conservative lending. Thrivent is now inviting other developers to share their ideas for the site, the company said.
I haven't heard about any sort of replacement development for the other half of the block yet.