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A quick late-day update on three major Minneapolis apartment projects

  • Blog Post by: Jim Buchta
  • February 19, 2014 - 5:12 PM
A rendering of the 16Twenty building proposed for 1620 W. Lake St.

A rendering of the 16Twenty building proposed for 1620 W. Lake St.

Here's what you need to know about a handful of interesting mixed-use projects at various stages of development in Minneapolis:

  • In the Uptown neighborhood in Minneapolis, CPM Development and Reuter Walton Cos. plans to tear down three turn-of-the century houses at the corner of West Lake Street and James Avenue near Lake Calhoun. to build a mixed-use building that will include six two-bedroom apartments on the third floor The proposal calls for a three-story, 24,000-square-foot building at 1620 W. Lake St. called 16Twenty. The proposal will go before the Committee of the Whole of the City Planning Commission on Thursday.
  • Minneapolis-based developer Alatus picked Bloomington-based Doran Construction to build Latitude 45, a 319-unit 13-story apartment tower that's planned for Washington Av. between 3rd and 4th Avenues in Minneapolis.
  • Various media outlets are reporting that Opus executive, Dave Menke, said the company plans to build a 30-story mixed-use tower, including housing, on what's now a surface parking lot along Marquette Avenue between Fourth and Third streets. The comments were made at a commercial real estate gathering Wednesday in Golden Valley. That site, which Opus already owns, is just north of its Nic on Fifth luxury apartment tower, which is expected to open this fall. The company is also building an office building nearby for Xcel Energy. On the same block, Mortenson Development has proposed building 4Marq, a 30-story apartment tower.

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