What’s going on in downtown Minneapolis? – Mpls.St.Paul magazine

The Larking

[lahr-king] Verb: to have fun; To make jumps. Part of a residential complex (341 marketable homes), part of Wells Fargo, and part of retail on the street, this appropriately named 16-story building is bursting with potential and mixed-use opportunities. According to developer Kraus-Anderson, The Larking was supposed to transform half a city block consisting of a single-story driveway into a vibrant, high-density travel destination. While retail tenants are yet to be announced, the apartments come with amenities including 360-degree city views from the rooftop spa and pool area, an indoor clubhouse with a professional kitchen, and a golf game simulator. The tower, located at the intersection of 8th Street and Portland Avenue, was just crowned with its last steel girder in March, with residents moving in in March 2022. It was also considered the second largest multi-family project in 2020, a year that despite many challenges strong housing growth.

“We are very proud to be part of this recent renaissance of Elliot Park, which offers tenants the opportunity to experience downtown with easy access to public transportation and proximity to the freeway,” said Matt Alexander, senior vice president of Kraus – Anderson.

Hennepin Avenue project

If downtown had a main street, Hennepin Avenue could be chosen. However, as with most major roads, the wear and tear of the past few decades – to put it in context, over 50,000 trips a day – means babies need new (and more versatile) shoes. “The current corridor … does not reflect the current demand for a more balanced carriageway that [it] safer and more inviting for pedestrians, cyclists, buses and cars, ”says the Hennepin Downtown website. The construction of Hennepin Avenue, which runs along the area between Washington Avenue and 12th Street, is being redesigned to include one-way streets behind the curb, a pedestrian support walkway area (with space for planting and decorating areas), four lanes, and space for extended stops. Hennepin Theater District, the glowing heart of the corridor, sees the reinterpretation of Hennepin Avenue as a collaborative effort to change not only the street itself, but also the mindset to change what Hennepin Avenue represents: a place that the entire community gets to know has and celebrate.

“Guests and everyday users will see more lighting and spectacles that enhance the theater experience,” said Dale Stark, PR manager for the Hennepin Theater Trust. “We hope to see a new energy in all of our partners and neighbors in the Hennepin theater district, which stimulates more creativity, activity and liveliness and makes the district a pedestrian-friendly destination.”

“This will be more of a creative office environment, [conducive] to advertising agencies, tech start-ups and even law firms. ” Ned Abdul, owner, Swervo Development Corp.

Thirty

The latest project from Swervo Development Corp. takes up space in the glass and brick monolith on 9th Street, which has long been referred to as the “YMCA Building”. The vision behind the 125,000 square meter room is to be, in a few words, a co-working space conglomerate. “There is a lot of volume in this building – ceilings up to 4.5 meters high, enclosed by large glass walls,” says Ned Abdul, owner of Swervo. “This will be more of a creative office environment, [conducive] for advertising agencies, tech start-ups and even law firms. “

The brick facade is being removed in favor of an all-glass facade, a key feature of the Silicon Valley aesthetic. The hybrid of coworking and Health Club Life Time Work will occupy the top three floors from August 1st. Life Time Work President James O’Reilly told Twin Cities Business last year that the Thirty Building was “an architecturally significant property.”

Progress report

  • The Dayton Project: The 1.2 million square meter property won its first major tenant this spring. Ernst and Young LLP (EY US), a leading global provider of insurance, advisory, strategy, transactional and tax services, leases the fifth floor to its 800 employees in Minneapolis. Of the 12 floors of the building, the basement and the first two floors will be dedicated to retail, while the third floors above will accommodate office tenants. “The remarkable technology, collaboration space, and digital innovation that have flowed into the building embody our future as we continue to lead and help companies transform in a rapidly changing environment,” says Mike O. ‘Leary, executive partner in the Minneapolis office of EY US. The company plans to move into this fall.
  • Eleven: The final beam was recently placed on the 42-story Eleven Condo building in the Minneapolis Mill District, making it the tallest residential tower in the city. And while it’s a tough year for luxury condominium sales, a Ryan Companies developer says two-thirds of the building’s 118 units have buyers.

This article originally appeared in the June 2021 issue of Mpls.St. Paul Magazine. Read more about Downtown Minneapolis Summer Style 2021, sponsored by mpls Downtown Council, here.

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