The oldest two of the four buildings that form Nye's Polonaise Room in northeast Minneapolis will be saved and incorporated into a mixed-use development beside a 29-story residential tower, under plans the restaurant's owner and a developer unveiled Thursday.
A three-story building with a "Harness Shop" sign atop it and a two-story one that curves around a corner, both more than 100 years old, will be preserved, Ron Jacobs, the owner of Nye's, and representatives Schafer Richardson, the developer working with him, said at a meeting with neighborhood residents and business owners.
The group plans to move the two buildings together and build other retail and restaurants around them and the new apartment tower. For the time being, the project is being called 116 East Hennepin, for its address just across the Mississippi River from downtown.
The two buildings are connected by a one-story building that was built in the 1950s and is fronted by a facade that somewhat resembles a piano. It and another modern building on the other side of the Harness Shop building will be torn down.
"We're going down the road of making sure that we are doing the right thing, and the responsible thing," Jacobs said in an interview. "We're not outsiders coming and saying we'll blast everything out. We were born in Northeast and have been doing business in Northeast for many, many years."
His announcement last month that he and his brother Tony were closing the piano bar and restaurant led to an outpouring of nostalgic memories from current and former customers.
The pair approached Schafer Richardson, which is based nearby, earlier last year to explore options for the property at a time when two other major residential projects are underway in the neighborhood.
On Wednesday, Chicago-based Lennar Multifamily Communities got the green light from a neighborhood task force to build an 18-story tower with more than 250 apartments at the Superior Plating site about four blocks from Nye's.