Why is a red building called Blue? Who is the Julia? Would you rather live in Flux or O2?
In the past two decades, countless modern, glassy multifamily mid-rises have cropped up among the Twin Cities' historic brick-and-brownstone apartment buildings. And the complexes' names have evolved with the times, from stately and straightforward to quirky and catchy. Yesterday's Belvedere, Belmont or Humboldt Terrace is today's Elan, Revel, Viridium or Hello.
"Names that are on the offense, from a marketing standpoint, are probably more appealing to that millennial renter demographic," said Josh Brandsted, president of Minneapolis-based apartment developer Greco.
Amid a booming Twin Cities multifamily housing market — in the past five years, developers have built about 30,000 new apartment units — an edgy name serves as an "icebreaker," Brandsted said, and helps differentiate a new complex from its competitors.
The name of one recent Greco-developed building — Variant, a white-brick structure that looks nothing like its North Loop neighbors — was selected to literally suggest it's different from its peers.
"There are a lot of similarities in these projects in how they look, and how the units are designed, and the feel to them," Brandsted explained. "So on the outset of that project we said, 'We've got to do something different, something that stands out.' "
Each of Greco's many apartment buildings has a unique personality, Brandsted said. "They live and they breathe just as if they were a person."
Hence, the latest branding trend among local apartments: giving your building a person's first name. Not only are Odin and Asher the names of your hip friends' young sons, but a couple of new Minneapolis apartment buildings.