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.
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.
The Minneapolis Downtown Council has named its first executive director of Greening Downtown Minneapolis, a newly created entity charged with raising the money needed to create The Commons, a 4.2-acre park planned near the new Vikings stadium.
The Loews Minneapolis Hotel, one of the most recognized hospitality spots in the Twin Cities, unveiled this week its $10-million renovation and new lobby bar concept, the Apothecary Bar & Lounge. New York-based Loews Hotels & Resorts bought the 22-story building across from the Target Center last summer from local hotelier Graves Hospitality. John Power, the hotel's general manager, said Loews wanted to update the 11-year-old space by putting its own touch on it.