Updated:

Mar 8, 2018

Original:

Aug 20, 2012

Construction to begin on $39M North Loop project

Minneapolis-based Schafer Richardson is developing the six-story, 204-unit market rate apartment building in the North Loop area of Minneapolis' Warehouse District. The Business Journal reports Minneapolis-based Kraus-Anderson Construction Co. is set to start constructing the $39 million project dubbed "Third North" on Thursday. The apartment complex is scheduled to open in December of next year.

Author:

Minneapolis-based Schafer Richardson is developing the six-story, 204-unit market rate apartment building in the North Loop area of Minneapolis' Warehouse District. The Business Journal reports Minneapolis-based Kraus-Anderson Construction Co. is set to start constructing the $39 million project dubbed "Third North" on Thursday. The apartment complex is scheduled to open in December of next year.

The apartment market is on fire in downtown Minneapolis. “It’s kind of a fight to the death to see who can get the property before the next person,” said Dylan Garrison, a leasing agent for Downtown Resource Group.

Developers are scrambling to meet demand for high-end apartment complexes in the Twin Cities. In the fourth quarter of 2011, Minneapolis issued permits to build 1,900 residential units in downtown alone.

prior lake high school

The principal said the social media video was reported to them this week.

Screen Shot 2021-12-03 at 3.08.27 PM

It comes as the delta variant continues to surge in Minnesota, and the omicron variant might follow.

boundary waters

Visitors have been cutting down trees and have been forced to compete for campsites.

police lights

A high school and elementary school near St. Cloud went into lockdown as a precaution.

chaska sewer

Water and sewer crews in Chaska have had to clean the same pump four times in the past seven days.

Dalvin Cook

Will it even matter against the winless Lions?

Brian O'Neill

The Lions have been like two freebies on the Vikings' schedule the past three seasons.

water drain

Nationwide, $7.4 billion will be distributed for projects next year.

covid

All three of the teenage deaths have occurred in the past three months.

crowne plaza hotel minneapolis mn

The hotel closed at the start of the COVID-19 pandemic and never reopened.

flickr generla mills cereals mike mozart

That's according to a recent report from CNN Business.

school, classroom, students

Duluth Public Schools are also considering the move.

The new 280,000-square-foot high school in central Minnesota will feature 36 classrooms, new athletic fields and a performing arts auditorium, according to the Business Journal. Minneapolis-based Kraus-Anderson Construction Co. is scheduled to compete the project in time for the 2014 school year.

The $62 million development will include 254 apartments above a 27,000-square-foot Lunds grocery store. It's going up on the site of the former downtown police and fire headquarters. The project was given the green-light last month after the city of St. Paul received a commitment from HUD for mortgage insurance.

The proposed nine-story, 212,000-square-foot office building will be on the corner of Fourth Street and Nicollet Mall in downtown Minneapolis, across the street from Xcel's current headquarters. Minnetonka-based Opus Development Corp. plans to start construction in 2014, with occupancy expected in 2016.

DONTCHA KNOW?

You Can Get BMTN Special Offers!

Get Our Newsletter

CLOSE

CLOSE

CLOSE

CLOSE