Twin 24-story condo tower plan goes to city

Share this:
October 11, 2004 // UPDATED 4:19 pm - April 25, 2007
By: Sarah McKenzie
Sarah McKenzie

A proposal for two 24-story condo towers near the New Central Library will go before the city Planning Commission Wednesday, Oct. 13.

The "21st Century Towers" would feature a drive-through bank at street level at 240 Hennepin Ave. S. The towers, built above the bank, would each feature 133 units.

Coon Rapids-based Shamrock Development, a developer that has several projects in the North Loop neighborhood, has partnered with Blaine-based 21st Century Bank on the proposal. The architect on the project is Downtown-based Bruce Knutson Architects, 540 N. 3rd St.

Crews plan to raze the vacant Dolphin Staffing Building, 258 Hennepin Ave. S., and the Food and Drug Administration Building, 240 Hennepin Ave. S., to make way for the new project. It is just west of the New Central Library under construction at 300 Nicollet Mall.

The Land Use Committee of the Downtown Minneapolis Neighborhood Association (DMNA) reviewed the proposal Oct. 5. The group passed neither a motion of support nor aofopposition to the project.

The developers also plan to go before the North Loop Neighborhood Association this fall, since the towers would rise near the corner of Hennepin & Washington avenues on the boundary between the North Loop and DMNA.

North Loop is bordered by I-94, Plymouth Avenue, the Mississippi River, Hennepin Avenue (north of Washington Avenue) and 3rd Avenue North (south of Washington Avenue).

An earlier proposal submitted to DMNA showed two 29-story towers. Shamrock's other projects include the North Loop's Rock Islands Lofts, Lindsay Lofts and the 212 Lofts. Projects in the pipeline include the Security Warehouse Lofts and the Fifth Avenue Lofts.

The Planning Commission meeting starts at 4:30 p.m. in room 317 of City Hall, 350 S. 5th St.