IDS adds amenities for tenants
The IDS Center has something new to boast about other than its height.
The landmark Minneapolis skyscraper is upping its competitive game by opening a fitness center Monday that will be exclusive and free to use by the building's tenants.
Standing 57 stories tall and offering 1.4 million square feet of leasable space, the IDS is synonymous with business and wealth in the Twin Cities. But it's not resting on its laurels.
Accesso Partners bought the IDS Center in 2013. At that time, it pledged to "continue investing in this visionary architectural landmark. And we are keeping that pledge," said Patti Morris, managing director of asset management for Accesso.
In addition to the fitness center, the IDS built a new conference facility that will be available to all tenants at no charge. The conference and fitness centers combine for 13,000 square feet.
The building's management and leasing team are marking 2014 a success with several key tenants signing on for new or renewed leases, highlighting some companies it snagged from other signature towers downtown.
Lazard Middle Market moved its headquarters from Capella Tower to occupy 23,300 square feet in the IDS, and UBS, a Zurich-based financial services firm, moved its 100-plus employees from U.S. Bancorp Center to the IDS last year.
Notably, Bank of America signed a long-term lease on the second floor retail concourse with plans to open a 7,500-square-foot financial center at the end of this year. More than 26,000 square feet of leases were signed or renewed in the IDS Crystal Court, or retail concourse, said Andrea Christenson, vice president of DTZ's Minneapolis office, and leasing agent for IDS retail.
The IDS is one of several iconic downtown Minneapolis Class A office towers to undergo renovations recently. Capella unveiled its remodeled lobby and skyway concourse last year, and RBC Plaza is finishing its transformation of floors 3 and 4 from a food court to Class A, amenity-rich office space.
Kristen Leigh Painter