NordHaus' sister tower is expected to reach about 26 stories
Lennar Multifamily has begun work to develop the second half of the Superior Plating site in Northeast Minneapolis with a plan for another larger apartment tower.
The developer is planning a 26-story tower on the eastern half of the former industrial site with approximately 250 units and about 2,000 square feet of retail space. It’s currently constructing the 20-story NordHaus high-rise on the western half. That project includes 280 units and about 22,000 square feet of retail.
Jon Fletcher, a senior development manager with Lennar, said the towers would be separated by a woonerf, a paved area for pedestrians, cars and cyclists. The project will include a four-story parking ramp and roughly 20,000 square feet of space for amenities.
Fletcher said they will go before the Nicollet Island-East Bank Neighborhood Association in the next couple weeks and plan to submit plans to the City of Minneapolis in the next month or two.
Lennar bought the entire two-block site at 315 1st Ave. NE last spring for $13.7 million. The 5.45-acre site has gone through significant pollution remediation following its prior uses as a plating factory and, before that, a street car barn.