Page 2 of 2 Previous

Continued: $100M Thresher Square development fills Downtown East gap

  • Article by: JIM BUCHTA , Star Tribune
  • Last update: June 20, 2014 - 5:39 AM

And an application for historic tax credits to help finance conversion of the Thresher building has been made to the National Park Service. Sherman already owns the newer two-story Grainger Building (which will be demolished), the surface parking lot and the 233 Park building.

And Sherman has had preliminary conversations with the city and will have final design meetings with neighborhood groups over the summer with hopes of beginning construction next spring. Conversations also are underway with national retailers and hotel operators.

“I think this will help fill in some of the gaps in the area,” said Kuechle. “With great service-oriented retail and another housing option. ”

 

Jim Buchta • 612-673-7376











 

  • related content

  • George Sherman is planning a $120 million project that will include converting the historic Thresher Square building into a 150-room hotel.

  • The seven-story structure that now is the Thresher Square building was built between 1900 and 1904 for the Advance Thresher Co., which explains the large A’s in the building’s facade facing S. 3rd Street.

  • George Sherman is planning a $120 million redevelopment project in Downtown East that will include converting the historic Thresher Square building into a 150-room hotel.

  • George Sherman is planning a $120 million redevelopment project in Downtown East that will include converting the historic Thresher Square building into a 150-room hotel.

  • George Sherman

  • Sherman Associates is planning 175 apartments with 30,000 square feet of retail and two levels of underground parking with a skyway. The Thresher Square building is at left.

  • Allis Chalmers Manufacturing Co. was in the Thresher Square building in the 1950s and 1960s.

  • get related content delivered to your inbox

  • manage my email subscriptions

ADVERTISEMENT

more from real estate

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

Connect with twitterConnect with facebookConnect with Google+Connect with PinterestConnect with PinterestConnect with RssfeedConnect with email newsletters
 
Close