The former home of Minneapolis Public Schools headquarters has its first major tenant.
The building, located on Broadway Street in Northeast Minneapolis, is being called the Highlight Center and last week Sport Ngin, a company that creates websites and mobile apps for sports organizations, announced it will be moving into the building next year.
Scott Tankenoff, managing partner of Hillcrest Development, which bought the building last month, told The Journal Minneapolis that Sport Ngin will occupy about 30,000 square feet of the 170,000 square feet of available commercial space. (A rendering of the site is at left.)
The company is expected to make the move in June 2015, according to the Sport Ngin construction blog. Sport Ngin hopes the move will help the company continue growing – in the last three years, Sport Ngin has hired about 200 of its 250 employees, CEO Justin Kaufenberg told the Minneapolis-St. Paul Business Journal.
Sport Ngin is the first large office tenant to sign a lease in the building. The Minneapolis School District moved to West Broadway two years ago and Hillcrest Development bought the building – the $4.05 million deal closed in September, after being delayed for about 18 months.
The Journal says Hillcrest is scrambling to finish the exterior, landscaping and utility work before winter. Then it will focus on interior work and leasing.