Here's what you need to know about a handful of interesting mixed-use projects at various stages of development in Minneapolis:
- In the Uptown neighborhood in Minneapolis, CPM Development and Reuter Walton Cos. plans to tear down three turn-of-the century houses at the corner of West Lake Street and James Avenue near Lake Calhoun. to build a mixed-use building that will include six two-bedroom apartments on the third floor The proposal calls for a three-story, 24,000-square-foot building at 1620 W. Lake St. called 16Twenty. The proposal will go before the Committee of the Whole of the City Planning Commission on Thursday.
- Minneapolis-based developer Alatus picked Bloomington-based Doran Construction to build Latitude 45, a 319-unit 13-story apartment tower that's planned for Washington Av. between 3rd and 4th Avenues in Minneapolis.
- Various media outlets are reporting that Opus executive, Dave Menke, said the company plans to build a 30-story mixed-use tower, including housing, on what's now a surface parking lot along Marquette Avenue between Fourth and Third streets. The comments were made at a commercial real estate gathering Wednesday in Golden Valley. That site, which Opus already owns, is just north of its Nic on Fifth luxury apartment tower, which is expected to open this fall. The company is also building an office building nearby for Xcel Energy. On the same block, Mortenson Development has proposed building 4Marq, a 30-story apartment tower.
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M.A. Mortenson is looking to develop a residential and retail project on a key parcel along East Hennepin Avenue in the heart of northeast Minneapolis' bustling commercial district, the developer confirmed Tuesday.
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Ryan Cos. is now considering building condos and an automated parking system, rarely seen in Middle America, on a previously contentious thin parcel abutting the Viking Stadium parking ramp. Automated parking systems are vertical solutions for small spaces. The system relies on elevators, lifts or conveyor belts to mechanically park vehicles in stalls stacked one top of one another. The narrow strip of land where Ryan is considering using the concept was the source of an unexpected fight for development rights between the Minneapolis-based firm and the Minnesota Vikings last fall. The key site is located between Park and Chicago avenues just across 4th Street from the light-rail stop and kitty-corner from the new Vikings Stadium.
Three Twin Cities developers are vying for the chance to build on the Guthrie Liner Parcel, a thin strip of land facing Washington Avenue in the bustling east downtown neighborhood. M.A. Mortenson Co., Sherman Associates and Saturday Properties LLC -- a new company established by Brent Rogers, formerly of Greco Development -- all responded to the City of Minneapolis' request for proposals, which were due Wednesday.
Developer is greenlighted by St. Louis Park and Golden Valley, secures land for new West End development
The 14 acres of vacant land at the southwest corner of I-394 and Highway 100 next to the West End retail center has three new owners. Florida-based DLC Residential made headlines in November by proposing a multiphase, multi-building complex immediately adjacent to one of St. Louis Park's most successful development zones. DLC acted as master developer, pushing the hotel, office and apartment complex plan through city approval processes in both St. Louis Park and Golden Valley.