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165 luxury apartments coming to Golden Valley

  • Blog Post by: Jim Buchta
  • May 13, 2013 - 10:06 AM

 

The Arcata will be 165 luxury apartments adjacent to the Colonnade Office Tower and south of Golden Hills Office Center on Golden Hills Drive.

The Arcata will be 165 luxury apartments adjacent to the Colonnade Office Tower and south of Golden Hills Office Center on Golden Hills Drive.

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Dallas-based Trammell Crow Co. said this morning that it plans to begin construction this fall on 165 luxury apartments in Golden Valley. The Arcata will built on a 2-acre site near The Shops at West End. It'll be adjacent to the Colonnade Office Tower and south of Golden Hills Office Center on Golden Hills Drive.

The 260,000 square-foot, six-story project will compete in an increasingly tight rental market by offering resort-style amenities, including a sprawling outdoor swimming pool, club room and fitness center. It's a significant announcement  for Golden Valley, which has largely been overlooked in recent years by apartment developers, and it joins thousands of apartment units across the metro area - most of them in and around downtown Minneapolis. Several hundred units are already under construction in nearby St. Louis Park, where developers are busy on a new phase of Hoigaard Village, and the Flats at West End.  Hoiga.ard Village

"Arcata provides an opportunity for residents to live in a centrally located, accessible, amenity driven and employment rich suburb," said Grady Hamilton, head of TCC's midwest business unit.

 

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