Calhoun Square

Calhoun-Isles, Cedar-Riverside, Longfellow, Nokomis, Phillips, Powderhorn, and Southwest
SurlyLHT
US Bank Plaza
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Re: 1301 West Lake Street - Uptown

Postby SurlyLHT » August 14th, 2017, 9:29 am

Maybe for the time being they could partner with the neighborhood association and others and make a park or etc. with the lot? Throw in some temporary art, plantings and seating. Given that they have interest in other properties in the area a better looking/functioning site here would be to their benefit.

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Qhaberl
Foshay Tower
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Re: 1301 West Lake Street - Uptown

Postby Qhaberl » August 14th, 2017, 10:20 am

Nathan wrote:This lot has been discussed a number of times in the general uptown thread, but it's scattered all about I'm sure.
That's one reason why I wanted to start this topic. It's only a matter of time until this gets developed. It's much easier to find information if it's all in one place.



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David Greene
IDS Center
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Re: 1301 West Lake Street - Uptown

Postby David Greene » August 14th, 2017, 2:32 pm

Y.know, medical space would be pretty good here. Right now the existing clinics are tucked away in not-visible places. Most people don't even know they're there. Assuming PP is going to rebuild on their existing site, it would be a convenient complementary location.

I'm really struggling to think of what retail could be successful here. The area is pretty saturated already. I like the idea of a music venue a lot.

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Qhaberl
Foshay Tower
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Re: 1301 West Lake Street - Uptown

Postby Qhaberl » August 14th, 2017, 4:33 pm

I am a huge fan of step back development. Maybe we could develop something but keep the portion directly facing Lake At 2 stories. Towards the back of the lot, near the parking garage, in the building could step up to five or six stories. They could use the step back portion as amenity space for apartments. Not exactly sure on the financials, but just dreaming.


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Qhaberl
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Re: 1301 West Lake Street - Uptown

Postby Qhaberl » August 14th, 2017, 4:41 pm

Looking at the parking garage near the south west portion of the property, if looking north. I think you could almost argue for 7 to 8 stories. On the southern portion of the lot. I wouldn't recommend putting any balconies facing the parking ramp though. Would definitely be an unpleasant site to stare at.


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Qhaberl
Foshay Tower
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Re: 1301 West Lake Street - Uptown

Postby Qhaberl » August 16th, 2017, 8:47 am

Let's start dreaming. Those of you who are good at making 3-D models, let's see what you can come up with for this site? What kind of building would look good here?


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RailBaronYarr
Capella Tower
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Re: Calhoun Square

Postby RailBaronYarr » August 18th, 2017, 9:53 am

Okay so this is my first time using some 3D modeling software so go easy on me.

Image

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Qhaberl
Foshay Tower
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Re: Calhoun Square

Postby Qhaberl » August 18th, 2017, 11:07 am

Not bad. I would hope that they dont go with that type of building, but i like that you gave it a shot. Do you think that type of building would be resedental or comercial, or a mix of the two?


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gobezlij
City Center
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Re: Calhoun Square

Postby gobezlij » August 18th, 2017, 4:50 pm

Kudos RBY. There couldn't be a better fit for the lot. Spectacular. Let's get 'er done.

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MattW
Union Depot
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Re: Calhoun Square

Postby MattW » August 21st, 2017, 8:32 am

There is only one word to describe this... Iconic.

TroyGBiv
US Bank Plaza
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Re: Calhoun Square

Postby TroyGBiv » August 21st, 2017, 8:50 am

MattW wrote:
August 21st, 2017, 8:32 am
There is only one word to describe this... Iconic.
I thought we can only have "Iconic" on the Nicollet block? :roll:

DFPegg
Metrodome
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Re: Calhoun Square

Postby DFPegg » August 23rd, 2017, 8:32 pm

(R)ail(B)aronYarr = (R)etired(B)anker

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Anondson
IDS Center
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Location: Where West Minneapolis Once Was

Re: Calhoun Square

Postby Anondson » August 23rd, 2017, 8:55 pm

I got nothing...

HiawathaGuy
Wells Fargo Center
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Re: Calhoun Square

Postby HiawathaGuy » February 22nd, 2019, 4:41 pm

For Sale...

Uptown’s Calhoun Square retail center is for sale
*LOCKED*

Gist:
Calhoun Square is being offered for sale, five years after the current owners purchased the property with ambitious plans to renovate the Uptown Minneapolis retail center.

Ackerberg had planned to renovate and reconfigure the 172,000-square-foot building, creating a prime leasable space on the corner of Hennepin Avenue and Lake Street. There were also talks of building a high-end apartment tower on a 1-acre vacant site just east of the shopping center.

Article states they likely won't get the $69.5M that they paid for it in 2014.
I wonder why they're jumping ship?!

seanrichardryan
Capella Tower
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Re: Calhoun Square

Postby seanrichardryan » February 22nd, 2019, 4:49 pm

HiawathaGuy wrote:
February 22nd, 2019, 4:41 pm
Article states they likely won't get the $69.5M that they paid for it in 2014.
I wonder why they're jumping ship?![/color]
Cash for another deal.
Q. What, what? A. In da butt.

HiawathaGuy
Wells Fargo Center
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Re: Calhoun Square

Postby HiawathaGuy » February 22nd, 2019, 5:07 pm

seanrichardryan wrote:
February 22nd, 2019, 4:49 pm
Cash for another deal.
Fine - but giving up the vacant lot on Lake Street though?!

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Bob Stinson's Ghost
Landmark Center
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Re: Calhoun Square

Postby Bob Stinson's Ghost » February 23rd, 2019, 1:58 pm

seanrichardryan wrote:
February 22nd, 2019, 4:49 pm
HiawathaGuy wrote:
February 22nd, 2019, 4:41 pm
Article states they likely won't get the $69.5M that they paid for it in 2014.
I wonder why they're jumping ship?![/color]
Cash for another deal.
Is this speculation or information?

mattaudio
Stone Arch Bridge
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Re: Calhoun Square

Postby mattaudio » February 23rd, 2019, 7:33 pm

For those with full access to the article... are they selling the whole thing including the vacant lot? Or just selling the mall and keeping the vacant lot for themselves?

HiawathaGuy
Wells Fargo Center
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Re: Calhoun Square

Postby HiawathaGuy » February 25th, 2019, 11:28 am

mattaudio wrote:
February 23rd, 2019, 7:33 pm
For those with full access to the article... are they selling the whole thing including the vacant lot? Or just selling the mall and keeping the vacant lot for themselves?
Mall + ramp + vacant lot.

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Bob Stinson's Ghost
Landmark Center
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Re: Calhoun Square

Postby Bob Stinson's Ghost » February 26th, 2019, 10:11 am

seanrichardryan wrote:
February 22nd, 2019, 4:49 pm
HiawathaGuy wrote:
February 22nd, 2019, 4:41 pm
Article states they likely won't get the $69.5M that they paid for it in 2014.
I wonder why they're jumping ship?![/color]
Cash for another deal.
Sean, can you share anything about the other deal?


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