Developer proposing 360 condos on Hennepin

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January 23, 2014 // UPDATED 1:31 pm - January 29, 2014
By: Ben Johnson
City of Minneapolis
Ben Johnson

Shamrock Development is proposing two new towers containing 360 condos and nearly 18,000 square feet of street level retail on Hennepin Ave. between 3rd St. N and Washington Ave.

The development, called Eclipse, would be built on a parcel of land that contains a small surface parking lot, but is otherwise vacant. It's situated across the street from the 222 Hennepin project that opened with a Whole Foods occupying its ground floor last year.

Shamrock is tentatively proposing to build 759 parking spaces at the site in an underground parking ramp, although the Planning Commission would need to approve a variance to increase its maximum parking requirement. The Planning Commission’s Committee of the Whole will review the development’s initial plans on Jan. 30.

The two towers would be connected at the base, with one rising 17 stories into the air and another topping out at 20 stories. Shamrock had previously proposed a 503-unit development at the site in 2005, but it was never built due to the housing market collapse later that decade.

Shamrock's original plans for the Eclipse development were shelved in 2006 before the housing market tanked.