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Minneapolis Real Estate Blog

This is a tower that will be built in downtown Minneapolis in the neighborhood of Loring Park  The past few months have been a flurry of development activity in downtown Minneapolis.  The latest news comes from a developer based out of Chicago who has been responsible for a significant amount of real estate development across the country: Magellan Development. 

  Plans call for 355 units of luxury rentals in a 36 story building that would be glass curtain wall in a sleek shape.  Ammenities would cover the tower such as 24 hour doorman, pool and fitness center. 

  If the developer gets approval from the city which could come in the next few weeks plans would unfold rapidly and initial lease up would start as early as the beginning of 2012.  if all goes according to plan occupancy would start early 2013. 

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 Minneapolis Riverfront  Kelly Doran earned his stripes as a developer of several well-known local retail projects. But today Doran isn’t shopping for retail deals.

He is cutting a new path as a developer of multifamily residential projects, particularly apartments in southeast Minneapolis near the University of Minnesota campus. Doran says his current development work reflects the state of today’s market.

“You gotta go where you can go,” said Doran, principal with the Bloomington-based Doran Cos.

Now Doran has big plans for a piece of the former Pillsbury A Mill site in Minneapolis, where another developer had once pitched ambitious - but unrealized - condo plans. Doran is planning 375 high-end apartments in two phases.

“We’re excited about this project. We think

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