Skip to main content

Shovel-ready: $400 million Downtown East project gets off the ground

  • Author:
  • Updated:

It's a project that will reshape the look of downtown Minneapolis, and on Tuesday morning it officially moved off the drawing board and onto a construction site.

The Tuesday morning ceremonial groundbreaking provided another photo op of some of the state's top business and political leaders in hard hats and gripping shovels. They gathered to acknowledge the start of the massive project known as Downtown East. The Star Tribune's story notes that the $400 million mixed-use development is going up in connection with the new $1 billion Vikings stadium, already under construction. The Downtown East project is expected to be completed by spring of 2016, three months ahead of the stadium according to FOX 9.

KSTP reports that Gov. Mark Dayton, Minneapolis Mayor Betsy Hodges and former Mayor R.T. Rybak, Minneapolis City Council President Barbara Johnson and other dignitaries were part of the ceremony.

“The stadium was very, very important to revitalize this area, and this project is absolutely crucial to the redevelopment,” Dayton said.

“We want to make this the most-vibrant downtown in the country and the whole world because we have to aim big,” Hodges added.

WCCO reported that former Minneapolis Mayor R.T. Rybak said the project is going to help create more than 3,000 jobs.

The five-acre Downtown East project includes two 18-story office towers for Wells Fargo, 24,000 square feet of retail and restaurant space, 193 apartments and a park that will span nearly two city blocks. It also includes a six-level parking ramp, to be owned by the Minnesota Sports Facilities Authority.

The Ryan Companies website offers the details of the project by the numbers. In a separate proposal, Ryan has also pitched building a Radisson Red hotel and 200 more apartments above the ramp.

The land for the project was acquired from a number of owners and developers, including a large parcel previously owned by the Star Tribune.

Next Up

Rick Spielman

Spielman: 'That head coach has to have a relationship with that QB'

"I think the No. 1 thing you’re looking for is that head coach has to have a relationship with that quarterback."

Screen Shot 2022-01-26 at 6.36.25 AM

Gallery: France 44 to build two-story addition, rooftop patio

The Minneapolis liquor store and cheese shop is stepping up its events and class offerings.


Ryan Poles picking Chicago creates battle of the rebuilds with Vikings

Both of the Vikings' GM finalists land in the same division looking to return to relevancy.

David Ortiz

Twins congratulate David Ortiz on HOF induction, it ends badly

Twins fans haven't forgotten the biggest mistake in franchise history.

Snowmobile tracks Any Arthur Flickr

Who left the burnt snowmobile on a frozen Minnesota lake?

There wasn't much left beyond the frame and a few other large, metal parts.

T Kline Robbinsdale City Council

Charges: Drunk council member fled police on wrong side of Hwy. 100

The complaint alleges he caused a wrong-way crash, then drove around an officer that tried to stop him.


What does the future hold for the Vikings at linebacker?

Anthony Barr is hitting free agency, and Eric Kendricks is approaching age 30

vehicle car

String of vehicle thefts in St. Paul, most left running unattended

The department is urging people not to leave their car running unattended.

kid hospital doctor

Child COVID hospitalizations reach pandemic-high in northern MN

As omicron surges, more kids are ending up in the hospital.