It's topping-out time for 36-story Loring Park LPM Apartments

Basic structure completed at LPM Apartments on Loring Park.

December 11, 2013 at 4:28AM
A Christmas tree was raised to the top of LPM Apartments, a 36-story apartment building being built in Loring Park. The tree is raised to the top of a new building signifying the completion of the building's structure. Tuesday, December 10, 2013 ] GLEN STUBBE * gstubbe@startribune.com
An evergreen tree was hoisted to the top of LPM Apartments on Tuesday as part of a ceremony marking completion of the Minneapolis building’s structure. (The Minnesota Star Tribune)

A "topping out" ceremony — which signifies the midway point in big construction projects — was held at LPM Apartments on Loring Park on Tuesday in Minneapolis.

Despite frigid temps, the developer, Chicago-based Magellan Development Group, along with James McHugh Construction, Adolfson & Peterson Construction and others, gathered to hoist a beam signed by construction workers and the requisite evergreen tree (for good luck) to the top of the distinctive 36-story tower.

The 354-unit complex will have studios, one- and two-bedroom apartments, plus a fitness center, indoor hot tub, sauna and steam rooms, media and game rooms, resident lounge, business center, outdoor pool, landscaped deck with fire pits, bicycle parking and a private dog run. Leasing for the $100 million tower will begin early next year, with occupancy expected in early June. Rents have not yet been determined.

Janet Moore

A Christmas tree was raised to the top of LPM Apartments, a 36-story apartment building being built in Loring Park. The tree is raised to the top of a new building signifying the completion of the building's structure. Tuesday, December 10, 2013 ] GLEN STUBBE * gstubbe@startribune.com
A Christmas tree was raised to the top of LPM Apartments, a 36-story apartment building being built in Loring Park. The tree is raised to the top of a new building signifying the completion of the building's structure. Tuesday, December 10, 2013 ] GLEN STUBBE * gstubbe@startribune.com (The Minnesota Star Tribune)
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