The Development Tracker follows construction projects around downtown and Northeast Minneapolis
620 9th St. SE
North Bay Cos.
North Bay Cos. is proposing two new buildings in Marcy-Holmes that would bring a hotel, apartments, office space and a coffee shop to the neighborhood’s historically industrial northern edge. The developer is proposing a five-story mixed-use building along 9th Street Southeast with a 61-room hotel, offices, warehouse space and a commercial kitchen, according to plans submitted to the City Planning Commission Committee of the Whole for its May 10 meeting.
The developer would demolish a portion of an existing 1900s building to construct the hotel and an 83-stall surface parking lot. A four-story brick and fiber cement apartment building with 31 underground parking spaces and a coffee shop or another commercial tenant on the ground floor would front 8th Street Southeast. Between the two buildings North Bay is proposing a surface parking lot with 42 spaces. As a separate project, the developer is proposing a 45-unit apartment building at 815 6th Ave. SE, replacing existing parking used by businesses inside the North Co. building.
Graze Food Hall
525 3rd St. N.
Derived Development Group
Ohio-based Derived Development Group is moving forward with its plan to bring a food and beverage hall to the North Loop. The group is planning an approximately 14,000-square-foot building on the vacant corner of the block with the Bookmen Lofts and Bookmen Stacks condo buildings, according to plans submitted to the City Planning Commission in early May. Plans were continued to a meeting later this month. The building, which would fall under the zoning code definition of a shopping center, would feature six kitchen spaces, two indoor dining spaces, two bars and a ground-floor coffee bar with a walk-up window on 4th Street. ESG Architects is designing the project.
Guthrie Liner Parcel
800 Washington Ave. S.
City of Minneapolis
The City of Minneapolis has released a request for proposals for a site along Washington Avenue near the Mill District known as the Guthrie Liner Parcel. The city had given Mortenson Development exclusive development rights to the thin, approximately half-acre site. The Golden Valley-based developer had proposed a nine-story hotel and office building with a restaurant and bar. The original RFP attracted two other development teams. Shane LaFave, director of multifamily development of Sherman Associates, said the Minneapolis-based developer plans to submit a proposal. Brent Rogers of Saturday Properties said he will not be responding to the RFP.
1000 N. 3rd St.
Schafer Richardson has won over the City Planning Commission, which voted 7-2 against a staff recommendation to rezone a site in the North Loop for residential, rather than industrial, use. Maureen Michalski, director of development, told commissioners that the building would feature all affordable units at 60 percent of area median income for at least 20 years. While a unit mix hasn’t been set, a representative from the developer said a majority of units would be one-bedroom and studio apartments. The developer has done affordable housing in the neighborhood with the development of the Cameron, which opened in 2016 along 4th Street North.
41 N. 12th St.
Project for Pride in Living
Non-profit developer Project for Pride in Living and YouthLink planned to celebrate the grand opening of Downtown View, a supportive affordable housing project for homeless youth ages 18–24, on May 15, after this issue went to press. The approximately $11 million project provides 46 units of housing for youth who are placed through the Coordinated Entry System. Residents pay about one-third of their earnings as rent and have access to mental health, career and other support services. Downtown View is a five-story expansion of the drop-in homeless youth center’s campus near downtown Minneapolis.
Great River Landing
813 N. 5th St.
Beacon Interfaith Housing Collaborative
Beacon Interfaith Housing Collaborative officially broke ground May 3 on a new supportive housing project in the North Loop. Through Great River Landing, the non-profit developer is adding homes for 72 people, particularly black men who have faced homelessness and incarceration. Better Futures Minnesota will provide support services like job coaching to residents of the five-story building, located on a largely vacant site a block north of Metro Transit’s Heywood Garage.
Brook Ave Housing Co-op
1220 Brook Ave. SE
Riverton Community Housing
Riverton Community Housing recently began work on a 95-unit housing cooperative at the site of the Bunge grain elevator in the Southeast Como neighborhood. The student-centered housing developer, the team behind the Chateau Studying Cooperative in Dinkytown, will be constructing 11 units with rents affordable at 50 percent of the area median income, 61 units at 80 percent of the area median and some market-rate apartments. Mary Novak, a senior project manager with Project for Pride in Living, said the non-profit developer is about a year out on breaking ground on its part of the project, dubbed Maya Commons. The 50-unit workforce housing project will feature units affordable at 50 percent of area median income. Both projects connect to the Bunge headhouse, which will be partially renovated into common space, and add new construction to the long-vacant site.
200 Central Ave. SE
A 40-story condo tower proposal from Alatus is one step closer to becoming a reality. The Minnesota Court of Appeals recently sided with a Hennepin County District Court judge following a resident group’s appeal of the lower court’s decision. It’s possible the group could appeal the most recent decision to the Minnesota Supreme Court. The developer has been eyeing the parcel at Central & 2nd for at least four years now with the hope of building a large residential tower. The site was home to the St. Anthony Athletic Club, a Washburn-McReavy funeral chapel and an approximately 45-stall parking lot.
240 Chicago Ave.
The first residents of East End will move in June 1, and a Trader Joe’s grocery and liquor store will follow later this year. Shane LaFave, director of multifamily development of Sherman Associates, said 45 of the building’s 181 units, or about 25 percent, were leased as of May 10. Jimmy John’s will open a restaurant in the building this month, and a Starbucks café will follow this September. The building is part of full-block redevelopment. LaFave said they hope to get a certificate of occupancy for a Canopy by Hilton hotel by the end of the year. The 182-room hotel occupies the renovated Advance Thresher/Emerson-Newton building.
120 Hennepin Ave.
The Praedium Group
The Praedium Group announced in April it has purchased the Maverick apartment complex along Hennepin Avenue in downtown Minneapolis. The New York-based real estate investment firm did not disclose a sale price and Hennepin County does not yet have a record of the sale. The two-building complex features 168 units split between one six-story apartment building and four-story townhomes. Shorenstein Properties and Ryan Cos. developed Maverick, which opened last year.