There are new plans for the city’s most iconic adult store and its historic building.
Minneapolis-based Falcon Ridge Partners, the new owners of the Sex World building near downtown Minneapolis, plan to rehabilitate the buildings at 121 and 125 Washington Ave. N. and bring in a destination restaurant, another retailer and office tenants. The adjoining building was once the home of Sinners Gentlemen’s Club.
Amanda Hawn, a partner with Falcon Ridge, said they hope to close on the purchase by the end of the year and renovate the buildings in the first half of 2016. New tenants will be moving in during the second half of next year, Hawn said.
Sex World has been located on the corner of Washington & 2nd for more than two decades. After the overhaul it will downgrade to a smaller 6,000-square-foot space in the building’s annex and use an entrance on 2nd Avenue North.
A rendering of the completed project shows several large windows replacing the buildings’ concrete storefront walls. “The Washington” is written vertically across the Sex World building’s corner.
Hawn envisions the 45,000 square feet of office space split between the two buildings as a home for creative office users, which have become the norm among the North Loop’s office buildings. The block is seeing newfound popularity with the additions of Kit & Ace and a Chrome store.
“What we want The Washington to do is to complement what the existing businesses and residents there have already accomplished,” she said.
The energy hasn’t quite spilled over to the rest of the Washington & 2nd intersection. The Lowry Morrison building, listed as awaiting redevelopment, is located on the northwest corner, and on the east side there’s a surface parking lot. A one-story building that was last home to an Imported Car Service shop is across 2nd Avenue from Sex World.
Falcon Ridge has presented the plans to a North Loop Neighborhood Association committee and submitted them to the Heritage Preservation Commission. Hawn expects that they’ll be up for discussion in November.
Photo by Eric Best