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Minneapolis About To Get Another Development

Posted by Ben Ganje on Sunday, August 21st, 2011 at 11:31pm.

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. 

2 Responses to "Minneapolis About To Get Another Development"

Brad wrote: Amazing even in this down economy. Do you see more large developments coming up in the next 1-2 years here locally? Posted on Monday, September 19th, 2011 at 11:12am.
Latest Minneapolis Condo Project labeled Stonebridge Lofts | MILL DISTRICT LOFTS AND CONDOSMILL DISTRICT LOFTS AND CONDOS wrote: [...]the rest of the city, construction is booming with a wide spectrum of housing options from the an ultra luxury tower planned in Loring Park to affordable housing options from local developers seeking to give low income residents the[...] Posted on Saturday, December 1st, 2012 at 3:38pm.

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