Just Listed brings you the latest news and information from the Twin Cities-area commercial and residential real estate market and beyond from veteran reporters Jim Buchta and Kristen Leigh Painter.

District 600 apartments underway

Posted by: Janet Moore Updated: June 17, 2013 - 12:29 PM

 

There are so many new apartment buildings in the works for the North Loop, it makes one's head spin. 

In the case of the proposed 78-unit District 600 project, one of the distinctive features is its proximity to beer. Yes, you heard that correctly. The $12 million development is slated for a lot adjacent to the Fulton Brewery, as well as Target Field. (These are two of your blogger's favorite places, btw.)

Michael Development Inc., St. Croix Real Estate Inc. and Residential Renewal Inc. are joining together to develop the 93,869-square-foot development. Construction is underway.

The six-story building and grounds are designed to be transit-, pedestrian- and bike-friendly, especially since they will be located near Hennepin County's Interchange transit station, also under construction.

The building will include first-floor retail space, five floors of "residential homes," and two levels of underground parking. The units will be "competitively priced," said Terry McNellis, a principal with St. Croix Real Estate, in a statement.

The construction team includes Collage Architects and Stonebridge Construction.

The development is expected to be completed by June 2014.

Janet Moore covers commercial real estate.

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