The apartment tower is taking shape on a former industrial site in Northeast Minneapolis.
Lennar Multifamily Communities has officially broken ground on its 20-story NordHaus development on the former Superior Plating site in Northeast Minneapolis.
Representatives from the developer and local leaders celebrated the groundbreaking of the 280-apartment complex, which will feature 22,000 square feet of retail space when it opens next fall, as part of an Aug. 25 ceremony.
The high-profile site at University & 1st in the Nicollet Island-East Bank neighborhood was originally developed as a street car barn in 1891 and has gone through significant pollution remediation in recent years to prepare it for development. In 1955 Superior Plating took it over, eventually ceasing operations in 2012. Crews demolished the plating factory in the spring of 2014.
NordHaus has been in the works since the fall of 2014 following several attempts from other developers to build on the site. A group from the Nicollet Island East Bank Neighborhood Association first threw its support behind plans in early 2015.
The project, which takes its name and design cues from the city’s Scandinavian and German influences, will have dog and bicycle areas, clubrooms and a one-acre rooftop with a pool and a hot tub. Lennar is planning 390 parking spaces and a destination restaurant space.
Lennar bought the entire two-block site at 315 1st Ave. NE last spring for $13.7 million, which translates to about $2.5 million per acre. The developer hasn’t released any formal plans for the eastern half of the 5.45-acre site.
The developer expects to open the first units in the fall of 2017. More information will be available at LiveNordHaus.com.
“Nordeast Minneapolis has long been known for its creative and artistic residents and businesses,” said Jon Fletcher, a development manager with Lennar, said in a statement. “Bringing additional activity through residential and retail density to the immediate area continues to build on and support that track record. NordHaus will further enhance and establish Northeast Minneapolis as a place to thrive.”