CityVue Apartments, a project taking shape in the 10-story building formerly owned by Blue Cross and Blue Shield of Minnesota, will live up to its name when it opens this summer, developers say.
The project, which includes 113 one- and two-bedroom apartments, will offer views of the Minneapolis and St. Paul skylines and of Lebanon Hills Regional Park, according to the company's website.
An 11th-floor penthouse will include a fitness center, community room and rooftop deck, said Leanna Stefaniak, director of business development and general counsel of At Home Apartments.
The apartments are part of the large CityVue Commons development at Yankee Doodle Road and Promenade Avenue. Work on a reported 30,000 square feet of retail space on the site is expected to begin this spring, Stefaniak said.
Construction of a second apartment building, now planned as a four-story structure with 90 units, is scheduled to begin next year.
Converting the former Blue Cross/Blue Shield building into rental housing has gone relatively smoothly, Stefaniak said.
"Retrofitting an office building into a luxury apartment property has not been as challenging as it may sound," Stefaniak said. "This particular project provided a great location, open-floor plates and no parking challenges to overcome. We are very excited about the site and how the project is progressing."
Stefaniak said she expects CityVue Apartments to appeal to a variety of groups, including what she said are the two largest rental housing populations — millennials, who are seeking "convenience and the security of renting over buying," and baby boomers, who are looking to downsize and simplify their lives.