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Re: Alia Tower - 200 Central - 483' / 40 Stories

Posted: December 13th, 2018, 2:18 pm
by xandrex
mattaudio wrote:
December 12th, 2018, 9:07 pm
Wow, when did the Phillips Foundation move out of the Pillsbury Library?
Phillips Foundation offices haven't been in there for years. They were my funding org when I did a year of AmeriCorps back in 2012, and that same year they moved into the Banks Building. 1st Ave NE and 7th Street. And they're moving to North sometime soonish as part of a project they're funding.

Re: Alia Tower - 200 Central - 483' / 40 Stories

Posted: December 13th, 2018, 3:05 pm
by amiller92
Sign used to say Talenti (which they sold), but I think it just said "Phillips" when last I noticed.

Re: Alia Tower - 200 Central - 483' / 40 Stories

Posted: December 14th, 2018, 1:09 pm
by xandrex
I was in there once, and I believe it was really just an office space for the family, Talenti (at the time), and a board room for fancier meetings.

Re: Alia Tower - 200 Central - 483' / 40 Stories

Posted: December 14th, 2018, 1:15 pm
by TroyGBiv
Interesting future opportunity - when Dolly Fitterman owned it and ran the Fitterman Gallery it was a great space... would be great if it became some king of public space. It was a really great gallery space.

Re: Alia Tower - 200 Central - 483' / 40 Stories

Posted: February 18th, 2019, 6:03 pm
by Homewood2009
Drove by today and there was a crew on site, maybe taking soil samples.

Re: Alia Tower - 200 Central - 483' / 40 Stories

Posted: March 11th, 2019, 11:05 am
by nfschauer
There's a new sign on site with a photo of the rendering. Progress.....

Re: Alia Tower - 200 Central - 483' / 40 Stories

Posted: March 12th, 2019, 4:59 am
by jtoemke
ESG Architects posted an up to date rendering on their Instagram yesterday. Seems pretty similar. But posting it could be a sign that it’s in the forefront of conversations.

Re: Alia Tower - 200 Central - 483' / 40 Stories

Posted: March 12th, 2019, 8:20 am
by mister.shoes

Re: Alia Tower - 200 Central - 483' / 40 Stories

Posted: March 12th, 2019, 8:46 am
by Anondson
Much glass.

Re: Alia Tower - 200 Central - 483' / 40 Stories

Posted: March 12th, 2019, 10:50 am
by Nathan
Yeah way more glass. I like that much better, sounds like they're differentiating themselves from eleven as much as possible which is good.

Re: Alia Tower - 200 Central - 483' / 40 Stories

Posted: April 22nd, 2019, 7:56 am
by SurlyLHT
It was nice to see some kids flying kites here this weekend. Hopefully something else starts going up into the air soon as well!

Re: Alia Tower - 200 Central - 483' / 40 Stories

Posted: April 30th, 2019, 2:51 pm
by rhettcarlson
Alatus' original financial partner has split from the deal, but it sounds like there is still momentum to get this off the ground...
Alatus Director of Development Chris Osmundson said the December event got so many reservations that Alatus decided it could leverage the interest to get a better financing deal.
https://www.bizjournals.com/twincities/ ... s_headline

Re: Alia Tower - 200 Central - 483' / 40 Stories

Posted: April 30th, 2019, 4:04 pm
by HiawathaGuy
rhettcarlson wrote:
April 30th, 2019, 2:51 pm
Alatus' original financial partner has split from the deal, but it sounds like there is still momentum to get this off the ground...
Alatus Director of Development Chris Osmundson said the December event got so many reservations that Alatus decided it could leverage the interest to get a better financing deal.
https://www.bizjournals.com/twincities/ ... s_headline
I think it's important to note that Alatus terminated the deal.
Two sources said Alatus had a financing agreement in place with Canyon Partners of Los Angeles. Alatus would not confirm the financing partner, but said the decision to terminate the agreement was made by Alatus.
And also to include the quote where they say they still plan to break ground this summer.
“With the exceptional response to pre-sales, the development team felt it would be a benefit to the building, and ultimately the homeowners, to pursue and refine a more favorable capital stack than was available last year,” Osmundson wrote in an email. “We are actively vetting numerous competitive capital terms for Alia and still anticipate a groundbreaking yet this summer.”

Re: Alia Tower - 200 Central - 483' / 40 Stories

Posted: May 1st, 2019, 8:51 am
by MNdible
Also important to note that those quotes are coming from an Alatus PR flack whose job is to put the best possible spin on a project delay.

Re: Alia Tower - 200 Central - 483' / 40 Stories

Posted: August 12th, 2019, 1:02 pm
by luigipaladio
It seems as though the possibility of a “groundbreaking yet this summer” is rapidly slipping away for the Alia Tower. Are they having that much trouble finding a workable financial package or are they in trouble overall with three big projects all in limbo - Alia, the tower by the Convention Center, and the mammoth Arden Hills project? Can the insider at Alatus give us any hints?

Re: Alia Tower - 200 Central - 483' / 40 Stories

Posted: August 12th, 2019, 1:10 pm
by trkaiser
They're also working on a six-story high-end housing development on Central Avenue in Columbia Heights.

Re: Alia Tower - 200 Central - 483' / 40 Stories

Posted: August 12th, 2019, 1:21 pm
by SurlyLHT
You almost wonder if there is a chance Alatus will go the way of Thor. Something seems amiss.

Re: Alia Tower - 200 Central - 483' / 40 Stories

Posted: August 12th, 2019, 2:02 pm
by bubzki2
Alatus is also proposing that relatively ambitious project at Lexington near University. A lot of major projects. I wouldn't write them off just yet.

Re: Alia Tower - 200 Central - 483' / 40 Stories

Posted: August 13th, 2019, 7:59 am
by atburns
The project website has been down for a couple days now.

Re: Alia Tower - 200 Central - 483' / 40 Stories

Posted: September 8th, 2019, 11:24 pm
by Oreos&Milk
I'm guessing its dead. I'm almost always wrong, so I'm gonna call it dead so sombody can prove how wrong I am AGAIN!