Minneapolis - Urban New Construction & Proposed Multifamily Projects 1Q20
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Minneapolis - Urban New Construction & Proposed Multifamily Projects 1Q20 ID PROPERTY UNITS 62 10 2 Lakehaus 200 Cedar Lake 41 10 Nico 123 Point Beach 11 Elmwood, The 70 88 15 Henley 74 111 60 20 107 20 Good Dwelling 80 114 192 115 39 21 Chamberlain 284 106 159 2 40 109 26 34 22 Nolan Mains 100 61 191 108 110 113 Total Lease Up 931 112 93 156 24 Novo 192 94 Lakewood Cemetery 26 Sons of Norway Redevelopment 318 157 11 34 Asher, The 175 50 59 35 Millennium Sixty - Six 227 39 Rana Village 113 40 29 Bryant 91 41 Theater Garage Marquee 111 50 Excelsior Blvd & Monterey Drive 148 Total Under Construction 1,375 141 51 Southdale Center Mixed Use Tower 260 112 3220 Girard Avenue South 77 196 59 38th Street, The 63 113 3404 List Place 195 22 151 Lake 60 Garfield 67 114 Buzza Lofts of Uptown Phase II 135 Nokomis Park 61 James and Lake, The 317 115 Girard Avenue 76 62 Lyndale Avenue Apartments 241 141 Cedar Avenue 125 72 Penn Avenue South 130 145 6467 Lyndale Avenue South 120 73 RF64 218 146 76th Street 80 74 3650 Hazelton 186 147 77th Street 325 75 7200 France Avenue 171 148 77th Street 117 88 2600 Blaisdell 146 149 Amundson Flats 115 90 7250 France Avenue 130 150 Boulevard Phase II, The 320 72 91 Boulevard, The 277 151 Grandview 140 15 93 Beltline Boulevard 183 152 Millennium Sixty - Six Phase II 145 145 35 152 24 73 94 Via 299 153 Promenade on France 200 153 Total Planned 2,688 51 156 34st Street West 223 21 157 6027 West 37th Street 80 197 106 Midtown Crossing 55 159 Texas Avenue 106 149 74 107 1st Avenue South 51 191 Lake Street Dwelling Phase II & III 203 75 108 Bloomington & Lake Street 54 192 West Lake Street & James Avenue South 127 90 109 Karmel Square 89 196 4916 France 110 91 150 147 110 L&H Station Phases II - IV 400 197 France Avenue - US Bank 200 146 111 27th & Girard 85 Total Prospective 3,953 148 2000 ft Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Minneapolis - Urban New Construction & Proposed Multifamily Projects 1Q20 ID PROPERTY UNITS 67 6 Heights Phase II, The 63 16 Rooftop252 56 83 17 Oaks Minnehaha Longfellow 107 178 170 19 Grove, The 118 80 Total Lease Up 344 174 169 179 84 176 168 161 29 Seven Corners Gateway 144 175 166 43 O'Gara's Redevelopment 163 167 162 47 47 Morningstar 95 43 160 29 48 Drover, The 68 163 Total Under Construction 470 164 96 82 171 67 Art & Architecture 137 79 Waterford Bay 242 19 80 590 Park Street 92 81 Stryker Avenue 57 79 165 81 82 Water Street West 137 83 Raymond Station 100 84 Snelling - Midway Site 620 85 Butler Avenue Apartments 369 140 97 96 West Side Flats Phase II 264 97 Ford Assembly Plant Site Redevelopment 3,800 85 Total Planned 5,818 17 181 140 Hiawatha Avenue 75 173 160 First National Bank Building Redevelopment 170 180 161 Gallery St. Paul, The 140 172 162 Kellogg Boulevard 90 48 163 St. Paul Riverfront Mixed-Use 325 16 164 7th Street West 153 173 Sibley Plaza 120 165 Waterford Bay 242 174 441 Snelling Avenue North 120 166 60 North Avon 100 175 Carroll Avenue 70 167 Cathedral Hill 175 176 Pitch, The 156 168 Rice Street Sears Redevelopment 800 178 Pirtek Building 140 169 University Avenue 61 179 Payne Avenue 75 6 170 Rivoli Bluff 100 180 Thompson Oaks Golf Course 153 171 Fillmore West 640 181 River Bluff Senior Housing 140 172 2751 Shepard Road 211 Total Prospective 4,256 2000 ft Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Minneapolis - Urban New Construction & Proposed Multifamily Projects 1Q20 ID PROPERTY UNITS 4 Urban Park Phase II 61 7 Trails Edge 152 14 Luxe Apartments at Ridgedale, The 78 Total Lease Up 291 70 37 Marsh Run 175 142 98 44 Commerce Park 286 46 Xenia, The 358 49 Hendrickson, The 66 78 144 Total Under Construction 885 95 86 87 7 183 186 184 70 3606 61st Avenue North 113 188 44 76 Ridgedale Drive 168 185 187 77 Platia Place 149 78 Lake Road Redevelopment 118 182 86 Fairview Avenue North 117 49 87 Owasso Gardens 60 177 46 92 Mariner, The 246 154 37 77 95 Four Seasons Mall Redevelopment 418 76 158 98 Midtown Village 358 14 Total Planned 1,747 139 Hiawatha Avenue 102 4 190 139 142 Brooklyn Center 575 198 155 144 Silver Lake Road 498 154 Pointe, The 186 155 Vista 44 50 158 Central Park West Phase II 164 177 Luther Seminary 120 92 182 Amber Union Workforce Housing 106 183 Fairview Avenue North 475 184 Fairview Avenue North 99 185 Village, The 425 Fort Snelling 186 White Bear Avenue 99 State Park 187 7th Avenue East Development 88 188 Anchor View 126 190 38th Street Station Phase II 145 198 325 Blake Road Redevelopment 465 Total Prospective 3,723 2 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Minneapolis - Urban New Construction & Proposed Multifamily Projects 1Q20 ID PROPERTY UNITS 8 28 129 1 Archive, The 198 66 36 132 3 HERE 169 131 134 5 OX - OP Residences 153 55 102 38 8 Vesi North Loop 218 189 53 1 137 9 Marquee 232 118 12 12 Second & Second 158 136 58 Total Lease Up 1,128 23 42 130 135 23 240 Hennepin 341 117 100 104 25 Weidner Elliot Park 245 33 28 701 Central Avenue 159 54 31 5th & 7th Street 175 56 103 45 32 Midtown Corner 190 5 65 33 240 Park Avenue 204 31 3 69 36 Odin 335 57 105 52 38 Maya Commons 50 99 68 101 42 Uncommon Dinkytown 114 45 600 5th Avenue 122 9 25 133 Total Under Construction 1,935 52 1010 Building Redevelopment 179 53 310 Lofts - North Loop 60 138 54 800 Washington Project, The 127 55 Bassett Creek East 139 56 Downtown East Phase V 342 105 Portland Avenue 330 57 H. Alden Smith House 89 117 Girard and Humboldt 95 58 North Loop Green 450 118 Olson Memorial Hwy 92 65 2407 University Avenue SE 200 129 1101 Hennepin Avenue 56 66 815 6th Avenue 51 130 1319 4th Street SE 300 68 Brickhouse Lofts 315 131 9th Street 61 69 Malcolm Yards 300 132 American Spirit on 9th 88 Total Planned 2,252 133 Cedar High - 1627 Renovation 116 32 134 Corner 57 99 12th Street Tower 350 135 Dinkytown 300 100 301 Nicollet 370 136 General Mills 304 101 Century Plaza 80 137 General Mills Phase II 270 102 Duffey Lofts 200 138 AGRA 171 103 Mill District 207 189 N Washington & N 5th Avenue 319 104 Portland & Washington 250 Total Prospective 4,016 1000 ft Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Minneapolis - Urban New Construction & Proposed Multifamily Projects 1Q20 71 ID PROPERTY UNITS 13 Bird Town Flats 152 18 N & E 93 Total Lease Up 245 27 Parker Station Flats 198 30 Gateway Northeast 128 Total Under Construction 326 63 California Avenue Multi-Family 13 Development 134 64 TE Miller 112 89 71 Northeast Business Center 27 Redevelopment 270 89 Upper Harbor Terminal Redevelopment 530 Total Planned 1,046 116 FreedomWorks Housing 126 Development 50 143 30 119 Washington Avenue 350 63 120 West River 160 64 121 14th Avenue Flats 175 116 122 1501 Johnson St 164 123 1717 Central Avenue 78 124 Broadway Street 108 119 123 125 Eide Saw 118 126 Gateway, The 129 122 127 Main Street West 113 121 128 Main Street, The 288 195 18 194 193 125 143 Primo Corner Redevelopment 100 120 124 128 193 Satori 112 127 194 Satori Phase II and III 96 195 West Broadway Curve Redevelopment 69 Total Prospective 2,110 1000 ft Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Minneapolis - Urban New Construction & Proposed Multifamily Projects PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 1 Archive, The 110 North 1st Street Minneapolis MN 55401 Lease-Up 198 Minneapolis - Central 06/01/2019 11/30/2020 03/19/2020 2 Lakehaus 3100 West Lake Street Minneapolis MN 55416 Lease-Up 200 Minneapolis - Calhoun Isle 06/30/2019 09/30/2020 01/15/2020 3 HERE 2813 SE 4th Street Minneapolis MN 55414 Lease-Up 169 Minneapolis - University 04/30/2019 09/30/2020 01/01/2020 4 Urban Park Phase II 3601 Phillips Pkwy Minneapolis MN 55426 Lease-Up 61 St. Louis Park 05/14/2019 08/31/2020 02/04/2020 5 OX - OP Residences 1111 South Washington Avenue Minneapolis MN 55415 Lease-Up 153 Minneapolis - Central 06/01/2019 08/31/2020 08/30/2019 6 Heights Phase II, The 2180 Hwy 13 Mendota Heights MN 55120 Lease-Up 63 Mendota 09/23/2019 07/31/2020 12/11/2019 7 Trails Edge 3000 Country View Drive Maplewood MN 55109 Lease-Up 152 Maplewood 05/07/2019 07/31/2020 10/01/2019 8 Vesi North Loop 800 West River Pkwy Minneapolis MN 55401 Lease-Up 218 Minneapolis - Central 04/30/2019 06/30/2020 01/02/2020 9 Marquee 1400 Nicollet Avenue Minneapolis MN 55403 Lease-Up 232 Minneapolis - Central 12/31/2018 05/31/2020 03/16/2020 10 Nico 10 East 18th Street Minneapolis MN 55403 Lease-Up 123 Minneapolis - Central 12/13/2019 05/31/2020 02/28/2020 11 Elmwood, The 5605 West 36th Street St.