Type: Rental apartments
Size: 187,255 square feet
Units: 179
Developer: Commercial Investment Properties
Architect: ESG Architects
Details: A Nebraska apartment developer has teamed with landowner Duke Realty on a proposal to build out the final developable lot at Duke's Norman Pointe business park in Bloomington.
When it was originally laid out in the late 1990s, Duke envisioned four Class A office buildings in the southwest quadrant of the Interstate 494 /Hwy. 100 interchange. Two office buildings, Norman Pointe I and Norman Pointe II, were constructed before the recession put a long-term damper on the suburban office market.
Since then, one remaining site was built into the 250-unit Covington Apartments, which opened last year. Now Duke, in partnership with Commercial Investment Properties of Omaha, wants to switch the planned use of the final Norman Pointe site from a 10-story office tower to a 179-unit apartment building.