The apartment boom in Minneapolis continues with a slew of multifamily projects being proposed to city planners this week.
One of the most high-profile projects is the redevelopment of about 6 acres of land that Doran Cos. and CSM Corp. are proposing near its Expo skyscraper in the St. Anthony Falls Historic District.
Last month, the developers broke ground on the 25-story Expo, a more than $100 million project that is being built on a parking lot between University Avenue and 2nd Street SE. near the Mississippi River.
The future plans could include a pair of high-rises up to 30 stories to be built on the block directly east from the Expo on the site of a parking lot and the former General Mills research building, which would have to be demolished.
"We are very excited about this potential redevelopment project and believe it will be transformational and a great benefit to the city," wrote Kelly Doran, founder of Doran Cos., in a letter to the city.
Doran gives several potential options for the redevelopment. The first option is to build two six-story buildings with a private street between them. The second option would be two separated complexes with each having a building of six stories and one 12 stories tall.
The third option could include a 30-story structure and another 25-story structure with six-story buildings wrapped partly around them. The fourth option would be similar to the third proposal but add 100 to 150 units of affordable housing. Yet another option could be a mix of the first and fourth proposals.
All of the proposals appear to include some form of underground and above ground parking.