The last few years has given rise to a velocity of growth in Downtown Minneapolis that is undeniable. Within this flurry of activity are a lineup of residential condo projects that are shaping our skyline, namely Eleven Condos, The Legacy Minneapolis and the Alia Condos. All of these are at various stages of the development process. Below we take a look at each project:
Out of the gates early: The Legacy Minneapolis
Anyone who drives over the 35W bridge coming out of downtown Minneapolis does not miss the most recent addition to the skyline that is The Legacy Minneapolis. With 374 units in the building which covers an area larger than any other condo project to date, The Legacy Minneapolis can come across looking like a titan in the city. The…
The city of Minneapolis is clearly on a high velocity path of growth across the entire real estate landscape. Over the past 20 years the Mill District in downtown Minneapolis has been especially interesting to watch, coming out of the rubble from the old milling capital of the world into a neighborhood and identity all its own. Some of the last blocks within the neighborhood are being developed right now. One of these special sites will have world class architecture thanks to Robert A.M. Stern Architects and be the tallest residential high rise in Minneapolis with a story all its own: Eleven on the River.
The Early Years: late 1990s to 2008
The visionary period of the Mill District started in the late 1990s with the advent of Brighton…
Plenty of our clients come to us in search of a classic old Minneapolis home, something loaded with historical details that newer homes simply don't have. Some buyers are looking for that 'fixer upper' while others are looking for something more along the lines of a move in ready. No matter the case, there is a certain amount of due diligence these types of homes require relative to the rest when making a purchase. Below are the top 5 things we recommend every one of our clients get comfortable with from the start.
1. KNOW THAT AN OLD HOME NO MATTER WHAT THE CONDITION, IS GOING TO BE A WORK IN PROGRESS.
One of the first things to consider when purchasing an older home for sale in Minneapolis is maintenance. Any home is going to have a…
The Minneapolis City Council has lifted the moratorium on teardowns and new construction. We believe this is a wise move for all involved. Under the lifted moratorium, property owners can once again tear down their old home and build a new one, thereby seeking to improve their property and its value. Minneapolis homeowners should have the right to do this as long as applicable codes are followed, in our opinion.
Neighborhood residents also benefit from increasing property values, because "a rising tide lifts all boats," as they say. Lastly, the City benefits from a higher tax base, so this appears to us to be a "win-win-win" for everyone.
Download an official copy of the Minneapolis Residential Construction Management Agreement to see new…
Famous Daves in Linden Hills is now closed for business
What was once a staple in the popular Linden Hills neighborhood of Minneapolis has now closed for good.
Last week, Jon Swenson, the owner of Famous Daves shut the small restaurant down and has plans to sell the land to local developer Mark Dwyer. The site will wind up as a boutique condo project called Linden Crossing. There will be 16 luxury Minneapolis condo units for sale ranging in price from the $600s to well over 1.5MM. The first floor will feature 6000 square feet of commercial space with a handful of retail tenants similar to the fabric of the Linden Hills business community.
So far, 9 of the 16 condos are under contract and pended. Mark Dwyer says the construction…
Tips For Building A New Modern Home in Minneapolis
If you are like most buyers out there right now thinking about making a purchase this year, the idea of a modern home in Minneapolis may have become part of your search criteria. We have assembled 5 helpful tips for finding you future modern home. Whether you are looking to build a new modern new home or simply want to purchase an existing modern home in Minneapolis. It is important to think about these key points.
The foundamental cost component of a new construction urban home: the lot cost.
Beginning to understand the new build process can seem tricky given all of the variables. The impetus behind most buyers thinking about a new build is going through an open house or browsing…
Summer is finally here for owners in Minneapolis Lakes area homes and downtown Minneapolis condos. For the few months that provide respectable grilling conditions outdoors below is a handy info graphic to review prior to getting into the swing of things.
Here's a helpful list of the correct equipment you will need to grill outside:
- A gas or charcoal grill. You can use both, and each one has its advantages. Gas is easy to light, control, and clean. Charcoal is a lot more work, but it gives food a smokiness that gas can never imitate. If you use charcoal, you also need a starter: don't even think about lighter fluid! And of course, whatever grill you use, the grates should be reasonably clean and alway oil before use.
- A pair of tongs.
The Minneapolis real estate market is rapidly changing. We are nearly in the middle of 2013 with a supply of real estate inventory at record lows across most of the twin cities market. There are more Buyers out prowling the market than Sellers. Good properties priced right will naturally draw multiple offers from this real estate market scenario. Buyers looking for an edge need a seasoned realtor but also an edge to win out in multiple offers--here's our collection of sage advice.
Submit a Large Earnest Money Deposit.
Pending Minneapolis home sales have been known to fall apart. Many Sellers are worried that once they commit to an offer, the winning buyers might back out of the transaction or default on the contract after all the other…