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. Louis Park MN 55416 Lease-Up 70 St. Louis Park 04/30/2019 05/31/2020 01/30/2020
12 Second & Second 120 2nd Street North Minneapolis MN 55401 Lease-Up 158 Minneapolis - Central 11/01/2018 05/31/2020 01/20/2020
13 Bird Town Flats 3730 West Broadway Avenue Robbinsdale MN 55422 Lease-Up 152 Golden Valley 11/05/2018 05/31/2020 01/20/2020
14 Luxe Apartments at Ridgedale, The 12501 Ridgedale Drive Minnetonka MN 55305 Lease-Up 78 Minnetonka 04/30/2019 05/31/2020 10/01/2019
15 Henley 6324 Lyndale Avenue South Minneapolis MN 55423 Lease-Up 74 Richfield 07/01/2019 05/31/2020 10/01/2019
16 Rooftop252 285 Westview Drive West St. Paul MN 55118 Lease-Up 56 West St. Paul 07/01/2017 04/30/2020 03/17/2020
17 Oaks Minnehaha Longfellow 5329 48th Avenue South Minneapolis MN 55417 Lease-Up 107 Minneapolis - Nokomis 06/21/2019 04/30/2020 02/28/2020
18 N & E 1301 Marshall Street NE Minneapolis MN 55413 Lease-Up 93 Minneapolis - Northeast 05/31/2019 04/30/2020 10/21/2019
19 Grove, The 246 Snelling Avenue South St. Paul MN 55105 Lease-Up 118 St. Paul - Highland 04/30/2019 04/30/2020 10/01/2019
20 Good Dwelling 2640 Nicollet Avenue Minneapolis MN 55408 Lease-Up 80 Minneapolis - Powderhorn 10/31/2018 04/30/2020 09/20/2019
21 Chamberlain 6745 18th Avenue South Richfield MN 55423 Lease-Up 284 Richfield 08/20/2018 04/30/2020 05/31/2019
22 Nolan Mains 3945 Market Street Edina MN 55424 Lease-Up 100 Edina / Eden Prairie 06/04/2018 04/30/2020 04/30/2019 Total Lease-Up 2,939
23 240 Hennepin 240 Hennepin Avenue Minneapolis MN 55401 Under Construction 341 Minneapolis - Central 02/10/2020 01/31/2022 24 Novo 2400 66th Street West Richfield MN 55423 Under Construction 192 Richfield 02/03/2020 07/31/2021 25 Weidner Elliot Park 1400 Park Avenue Minneapolis MN 55404 Under Construction 245 Minneapolis - Central 09/01/2019 06/30/2021 26 Sons of Norway Redevelopment 1455 West Lake Street Minneapolis MN 55408 Under Construction 318 Minneapolis - Calhoun Isle 03/31/2019 05/31/2021 27 Parker Station Flats 3600 France Avenue North Robbinsdale MN 55422 Under Construction 198 Golden Valley 04/01/2020 03/31/2021 28 701 Central Avenue 701 Central Avenue NE Minneapolis MN 55413 Under Construction 159 Minneapolis - University 06/01/2019 02/28/2021 29 Seven Corners Gateway NWC 7th Street West & Kellogg Blvd West St. Paul MN 55102 Under Construction 144 St. Paul - Downtown 02/01/2020 02/28/2021 30 Gateway Northeast 2435 Marshall Street NE Minneapolis MN 55418 Under Construction 128 Minneapolis - Northeast 02/12/2020 02/28/2021 31 5th & 7th Street 501 South 7th Street Minneapolis MN 55415 Under Construction 175 Minneapolis - Central 12/31/2018 01/31/2021 32 Midtown Corner 2913 26th Avenue South Minneapolis MN 55406 Under Construction 190 Minneapolis - Longfellow 12/11/2019 01/31/2021 33 240 Park Avenue 240 Park Avenue Minneapolis MN 55415 Under Construction 204 Minneapolis - Central 06/01/2019 12/31/2020 34 Asher, The 1125 Lagoon Avenue Minneapolis MN 55408 Under Construction 175 Minneapolis - Calhoun Isle 08/08/2019 12/31/2020 Source: Yardi Matrix Yardi Source: 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
35 Millennium Sixty - Six 6550 Xerxes Avenue South Edina MN 55435 Under Construction 227 Edina / Eden Prairie 10/20/2019 12/31/2020 36 Odin 401 1st Avenue NE Minneapolis MN 55413 Under Construction 335 Minneapolis - University 03/08/2019 10/31/2020 37 Marsh Run 11706 Wayzata Blvd Hopkins MN 55305 Under Construction 175 Minnetonka 09/30/2019 09/30/2020 38 Maya Commons 1220 Brook Avenue SE Minneapolis MN 55414 Under Construction 50 Minneapolis - University 12/11/2019 07/31/2020 39 Rana Village 2900 Pleasant Avenue Minneapolis MN 55408 Under Construction 113 Minneapolis - Powderhorn 09/30/2018 06/30/2020 40 29 Bryant 2924 Bryant Avenue South Minneapolis MN 55408 Under Construction 91 Minneapolis - Calhoun Isle 09/28/2019 06/30/2020 41 Theater Garage Marquee 2004 Lyndale Avenue South Minneapolis MN 55405 Under Construction 111 Minneapolis - Calhoun Isle 01/31/2019 06/30/2020 42 Uncommon Dinkytown 1212 4th Street SE Minneapolis MN 55414 Under Construction 114 Minneapolis - University 08/31/2019 06/30/2020 St. Paul - Macalester - 43 O'Gara's Redevelopment 164 North Snelling Avenue St. Paul MN 55104 Under Construction 163 Groveland 04/30/2019 06/30/2020 7th Avenue East & 44 Commerce Park Century Avenue North St. Paul MN 55109 Under Construction 286 Oakdale - North 12/31/2018 05/31/2020 45 600 5th Avenue 625 South 4th Avenue Minneapolis MN 55415 Under Construction 122 Minneapolis - Central 10/15/2018 04/30/2020 46 Xenia, The 700 Xenia Avenue South Golden Valley MN 55416 Under Construction 358 Golden Valley 01/08/2018 04/30/2020 47 Morningstar 739 Selby Avenue St. Paul MN 55104 Under Construction 95 St. Paul - Summit - University 12/31/2018 04/30/2020 48 Drover, The 161 Concord Exchange North South St. Paul MN 55075 Under Construction 68 West St. Paul 12/31/2018 04/30/2020 49 Hendrickson, The 1750 Larpenteur Avenue West Falcon Heights MN 55113 Under Construction 66 Falcon Heights 04/30/2019 04/30/2020 50 Excelsior Blvd & Monterey Drive 3743 Monterey Drive Minneapolis MN 55416 Under Construction 148 St. Louis Park 03/31/2019 04/30/2020 Total Under Construction 4,991
51 Southdale Center Mixed Use Tower 10 Southdale Center Edina MN 55435 Planned 260 52 1010 Building Redevelopment 1010 South 7th Street Minneapolis MN 55415 Planned 179 Minneapolis - Central 53 310 Lofts - North Loop 310 North 2nd Street Minneapolis MN 55401 Planned 60 Minneapolis - Central 54 800 Washington Project, The 800 Washington Avenue South Minneapolis MN 55414 Planned 127 Minneapolis - Central 55 Bassett Creek East 747 North 3rd Street Minneapolis MN 55401 Planned 139 Minneapolis - Central 56 Downtown East Phase V 700 South 4th Street Minneapolis MN 55415 Planned 342 Minneapolis - Central 57 H. Alden Smith House 1403 Harmon Place Minneapolis MN 55403 Planned 89 Minneapolis - Central 58 North Loop Green 350 North 5th Street Minneapolis MN 55403 Planned 450 Minneapolis - Central 59 38th Street, The 2325 East 38th Street Minneapolis MN 55406 Planned 63 Minneapolis - Powderhorn 60 Garfield 518 West 28th Street Minneapolis MN 55408 Planned 67 Minneapolis - Powderhorn 61 James and Lake, The 1711 East Lake Street Minneapolis MN 55407 Planned 317 Minneapolis - Calhoun Isle 62 Lyndale Avenue Apartments 1926 Lyndale Avenue South Minneapolis MN 55403 Planned 241 Minneapolis - Calhoun Isle California Avenue Multi-Family 63 Development 2301 California Street NE Minneapolis MN 55418 Planned 134 Minneapolis - Northeast 64 TE Miller 2201 NE Jefferson Street Minneapolis MN 55418 Planned 112 Minneapolis - Northeast 65 2407 University Avenue SE 2407 University Avenue SE Minneapolis MN 55414 Planned 200 Minneapolis - University 66 815 6th Avenue 815 6th Avenue SE Minneapolis MN 55414 Planned 51 Minneapolis - University 67 Art & Architecture 3338 University Avenue SE Minneapolis MN 55414 Planned 137 Minneapolis - University 68 Brickhouse Lofts 150 26th Avenue SE Minneapolis MN 55414 Planned 315 Minneapolis - University Source: Yardi Matrix Yardi Source: 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
69 Malcolm Yards 445 Malcolm Avenue SE Minneapolis MN 55414 Planned 300 Minneapolis - University 70 3606 61st Avenue North 3606 61st Avenue North Brooklyn Center MN 55429 Planned 113 Brooklyn Center / Camden Northeast Business Center 71 Redevelopment 3989 Central Avenue NE Columbia Heights MN 55421 Planned 270 Columbia Heights 72 Penn Avenue South 6228 Penn Avenue South Minneapolis MN 55423 Planned 130 Richfield 73 RF64 Richfield Parkway & 65th Street East Richfield MN 55439 Planned 218 Richfield 74 3650 Hazelton 3650 Hazelton Road Edina MN 55435 Planned 186 Edina / Eden Prairie 75 7200 France Avenue 7200 France Avenue South Edina MN 55435 Planned 171 Edina / Eden Prairie 76 Ridgedale Drive 12421 Ridgedale Drive Minnetonka MN 55305 Planned 168 Minnetonka 77 Platia Place 9808 Wayzata Blvd St. Louis Park MN 55426 Planned 149 St. Louis Park 78 Lake Road Redevelopment 4600 Lake Road Minneapolis MN 55422 Planned 118 Golden Valley 79 Waterford Bay 380 Randolph Avenue St. Paul MN 55102 Planned 242 St. Paul - West Seventh 80 590 Park Street 590 Park Street St. Paul MN 55103 Planned 92 St. Paul - Thomas - Dale 81 Stryker Avenue 605 Stryker Avenue St. Paul MN 55107 Planned 57 St. Paul - West Side 82 Water Street West 84 West Water Street Saint Paul MN 55107 Planned 137 St. Paul - West Side 83 Raymond Station 2250 University Avenue West St. Paul MN 55114 Planned 100 St. Paul - Lexington Hamline SWC Pascal Street North & 84 Snelling - Midway Site University Avenue West St. Paul MN 55104 Planned 620 St. Paul - Lexington Hamline 85 Butler Avenue Apartments Butler Avenue East & South Robert Street West Saint Paul MN 55118 Planned 369 West St. Paul 86 Fairview Avenue North 2720 North Fairview Avenue Roseville MN 55113 Planned 117 Roseville 87 Owasso Gardens Rice Street & South Owasso Blvd St. Paul MN 55113 Planned 60 Roseville 88 2600 Blaisdell West 26th Street & Blaisdell Avenue Minneapolis MN 55404 Planned 146 Minneapolis - Powderhorn
Upper Harbor Terminal North Dowling Avenue & North Brooklyn Center / Camden 89 Redevelopment Washington Avenue Minneapolis MN 55412 Planned 530 90 7250 France Avenue 7250 France Avenue South Minneapolis MN 55435 Planned 130 Edina / Eden Prairie 91 Boulevard, The West 74th Street & Metro Blvd Edina MN 55439 Planned 277 Edina / Eden Prairie 92 Mariner, The 10400 Bren Road East Minnetonka MN 55343 Planned 246 Minnetonka 93 Beltline Boulevard Beltline Blvd & Park Glen Road St. Louis Park MN 55416 Planned 183 St. Louis Park 94 Via 5725 State Highway 7 St. Louis Park MN 55416 Planned 299 St. Louis Park 95 Four Seasons Mall Redevelopment Highway 169 & Rockford Road Minneapolis MN 55441 Planned 418 Plymouth 96 West Side Flats Phase II 84 Wabasha Street South St. Paul MN 55107 Planned 264 St. Paul - West Side Ford Assembly Plant Site 97 Redevelopment SEC Ford Pkwy & Mississippi River Blvd St. Paul MN 55116 Planned 3,800 St. Paul - Highland 98 Midtown Village 581 Old Hwy 8 NW New Brighton MN 55112 Planned 358 New Brighton Total Planned 13,551
99 12th Street Tower 228 South 12th Street Minneapolis MN 55403 Prospective 350 Minneapolis - Central 100 301 Nicollet 315 Nicollet Mall Minneapolis MN 55401 Prospective 370 Minneapolis - Central 101 Century Plaza 1101 3rd Avenue South Minneapolis MN 55404 Prospective 80 Minneapolis - Central 102 Duffey Lofts 508 North Washington Avenue North Minneapolis MN 55401 Prospective 200 Minneapolis - Central Source: Yardi Matrix Yardi Source: 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
103 Mill District 200 12th Avenue South Minneapolis MN 55415 Prospective 207 Minneapolis - Central Portland Avenue & South 104 Portland & Washington Washington Avenue Minneapolis MN 55415 Prospective 250 Minneapolis - Central 105 Portland Avenue 813 Portland Avenue Minneapolis MN 55404 Prospective 330 Minneapolis - Central 106 Midtown Crossing 2839 11th Avenue South Minneapolis MN 55407 Prospective 55 Minneapolis - Phillips 107 1st Avenue South 2645 1st Avenue Minneapolis MN 55408 Prospective 51 Minneapolis - Powderhorn 108 Bloomington & Lake Street Bloomington Avenue & E Lake Street Minneapolis MN 55407 Prospective 54 Minneapolis - Powderhorn 109 Karmel Square 2940 Pillsbury Avenue Minneapolis MN 55408 Prospective 89 Minneapolis - Powderhorn 110 L&H Station Phases II - IV 2225 East Lake Street Minneapolis MN 55407 Prospective 400 Minneapolis - Powderhorn 111 27th & Girard 2715 Girard Avenue South Minneapolis MN 55408 Prospective 85 Minneapolis - Calhoun Isle 112 3220 Girard Avenue South 3220 Girard Avenue South Minneapolis MN 55408 Prospective 77 Minneapolis - Calhoun Isle 113 3404 List Place 3404 List Place Minneapolis MN 55416 Prospective 195 Minneapolis - Calhoun Isle 114 Buzza Lofts of Uptown Phase II 1006 West Lake Street Minneapolis MN 55408 Prospective 135 Minneapolis - Calhoun Isle 115 Girard Avenue 2824 Girard Avenue South Minneapolis MN 55408 Prospective 76 Minneapolis - Calhoun Isle FreedomWorks Housing 116 Development 2929 Emerson Avenue North Minneapolis MN 55411 Prospective 50 Minneapolis - Near North 117 Girard and Humboldt 255 Girard Avenue North Minneapolis MN 55405 Prospective 95 Minneapolis - Near North James Avenue North & 118 Olson Memorial Hwy Olson Memorial Hwy Minneapolis MN 55411 Prospective 92 Minneapolis - Near North North 26th Avenue & North 119 Washington Avenue Washington Avenue Minneapolis MN 55411 Prospective 350 Minneapolis - Near North 120 West River 2025 West North River Road Minneapolis MN 55411 Prospective 160 Minneapolis - Near North 121 14th Avenue Flats 854 14th Avenue NE Minneapolis MN 55413 Prospective 175 Minneapolis - Northeast 122 1501 Johnson St 1501 Johnson Street Minneapolis MN 55413 Prospective 164 Minneapolis - Northeast 123 1717 Central Avenue 1717 Central Avenue NE Minneapolis MN 55413 Prospective 78 Minneapolis - Northeast 124 Broadway Street Broadway Street & Main Street Minneapolis MN 55413 Prospective 108 Minneapolis - Northeast 125 Eide Saw 950 13th Avenue NE Minneapolis MN 55413 Prospective 118 Minneapolis - Northeast North Lowry Avenue and 126 Gateway, The Marshall Street NE Minneapolis MN 55418 Prospective 129 Minneapolis - Northeast 127 Main Street West 1018 Main Street Minneapolis MN 55418 Prospective 113 Minneapolis - Northeast 128 Main Street, The 1011 NE Main Street Minneapolis MN 55413 Prospective 288 Minneapolis - Northeast 129 1101 Hennepin Avenue 1101 Hennepin Avenue East Minneapolis MN 55414 Prospective 56 Minneapolis - University 130 1319 4th Street SE 1319 4th Street SE Minneapolis MN 55414 Prospective 300 Minneapolis - University 131 9th Street 620 9th Street SE Minneapolis MN 55414 Prospective 61 Minneapolis - University 132 American Spirit on 9th 801 SE 9th Street Minneapolis MN 55414 Prospective 88 Minneapolis - University 133 Cedar High - 1627 Renovation 1627 South 6th Street Minneapolis MN 55454 Prospective 116 Minneapolis - University 134 Corner 24 University Avenue NE Minneapolis MN 55413 Prospective 57 Minneapolis - University 135 Dinkytown 407 SE 15th Avenue Minneapolis MN 55414 Prospective 300 Minneapolis - University 136 General Mills 330 University Avenue SE Minneapolis MN 55414 Prospective 304 Minneapolis - University 137 General Mills Phase II 330 University Avenue SE Minneapolis MN 55414 Prospective 270 Minneapolis - University Source: Yardi Matrix Yardi Source: 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
138 AGRA 901 27th Avenue South Minneapolis MN 55406 Prospective 171 Minneapolis - Longfellow 139 Hiawatha Avenue 3801 Hiawatha Avenue Minneapolis MN 55406 Prospective 102 Minneapolis - Longfellow 140 Hiawatha Avenue 4757 Hiawatha Avenue Minneapolis MN 55406 Prospective 75 Minneapolis - Longfellow 141 Cedar Avenue 4715 Cedar Avenue South Minneapolis MN 55407 Prospective 125 Minneapolis - Nokomis Bass Lake Road & 142 Brooklyn Center Shingle Creek Regional Trail Brooklyn Center MN 55430 Prospective 575 Brooklyn Center / Camden Penn Avenue North & 143 Primo Corner Redevelopment Lowry Avenue North Minneapolis MN 55412 Prospective 100 Brooklyn Center / Camden 144 Silver Lake Road 3800 Silver Lake Road NE Minneapolis MN 55421 Prospective 498 Columbia Heights 145 6467 Lyndale Avenue South 6467 Lyndale Avenue South Richfield MN 55423 Prospective 120 Richfield 146 76th Street 4100 West 76th Street Minneapolis MN 55435 Prospective 80 Edina / Eden Prairie 147 77th Street 4660 West 77th Street West Edina MN 55435 Prospective 325 Edina / Eden Prairie 148 77th Street 4701 West 77th Street Minneapolis MN 55435 Prospective 117 Edina / Eden Prairie 149 Amundson Flats 7079 Amundson Avenue Minneapolis MN 55439 Prospective 115 Edina / Eden Prairie 150 Boulevard Phase II, The West 74th Street & Metro Blvd Edina MN 55439 Prospective 320 Edina / Eden Prairie 151 Grandview 5146 Eden Avenue Edina MN 55436 Prospective 140 Edina / Eden Prairie NWC 66th Street West & 152 Millennium Sixty - Six Phase II Xerxes Avenue South Edina MN 55423 Prospective 145 Edina / Eden Prairie 153 Promenade on France West 66th Street & France Avenue South Edina MN 55435 Prospective 200 Edina / Eden Prairie 154 Pointe, The Carlson Pkwy & Lakeshore Pkwy Hopkins MN 55305 Prospective 186 Minnetonka 155 Vista 44 12th Avenue North & 1st Street North Hopkins MN 55343 Prospective 50 Hopkins 156 34st Street West West 34th Street & Glenhurst Avenue St Louis Park MN 55416 Prospective 223 St. Louis Park 157 6027 West 37th Street 6027 West 37th Street St. Louis Park MN 55416 Prospective 80 St. Louis Park 158 Central Park West Phase II 1511 Utica Avenue South St. Louis Park MN 55416 Prospective 164 St. Louis Park 159 Texas Avenue Minnetonka Blvd & Texas Avenue South St. Louis Park MN 55426 Prospective 106 St. Louis Park First National Bank Building 160 Redevelopment 332 Minnesota Street St. Paul MN 55101 Prospective 170 St. Paul - Downtown 161 Gallery St. Paul, The 9th Street East & Wacouta Street St. Paul MN 55101 Prospective 140 St. Paul - Downtown 162 Kellogg Boulevard 241 Kellogg Blvd East St. Paul MN 55101 Prospective 90 St. Paul - Downtown 163 St. Paul Riverfront Mixed-Use 50 West Kellogg Blvd St. Paul MN 55102 Prospective 325 St. Paul - Downtown 164 7th Street West 337 7th Street West Saint Paul MN 55102 Prospective 153 St. Paul - West Seventh 165 Waterford Bay 380 Randolph Avenue St Paul MN 55102 Prospective 242 St. Paul - West Seventh 166 60 North Avon 60 North Avon Street St. Paul MN 55104 Prospective 100 St. Paul - Summit - University 167 Cathedral Hill 393 Marshall Avenue St. Paul MN 55102 Prospective 175 St. Paul - Summit - University 168 Rice Street Sears Redevelopment 425 Rice Street St. Paul MN 55103 Prospective 800 St. Paul - Summit - University 169 University Avenue 625 University Avenue West St. Paul MN 55104 Prospective 61 St. Paul - Thomas - Dale 170 Rivoli Bluff 823 East 7th Street St. Paul MN 55106 Prospective 100 St. Paul - Dayton's Bluff 171 Fillmore West Plato Blvd & South Robert Street St. Paul MN 55107 Prospective 640 St. Paul - West Side 172 2751 Shepard Road 2751 Shepard Road St. Paul MN 55116 Prospective 211 St. Paul - Highland Source: Yardi Matrix Yardi Source: 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
173 Sibley Plaza 2401 7th Street West St. Paul MN 55116 Prospective 120 St. Paul - Highland 174 441 Snelling Avenue North 441 Snelling Avenue North St. Paul MN 55104 Prospective 120 St. Paul - Lexington Hamline 175 Carroll Avenue Carroll Avenue & Snelling Avenue St. Paul MN 55104 Prospective 70 St. Paul - Lexington Hamline 176 Pitch, The 427 Snelling Avenue North St. Paul MN 55104 Prospective 156 St. Paul - Lexington Hamline 177 Luther Seminary 2481 Como Avenue Saint Paul MN 55108 Prospective 120 St. Paul - St. Anthony 178 Pirtek Building 2161 University Avenue West St. Paul MN 55114 Prospective 140 St. Paul - St. Anthony 179 Payne Avenue 520 Payne Avenue St. Paul MN 55130 Prospective 75 St. Paul - Payne - Phalen 180 Thompson Oaks Golf Course 1555 Oakdale Avenue West St. Paul MN 55118 Prospective 153 West St. Paul 181 River Bluff Senior Housing 857 Sibley Memorial Hwy St. Paul MN 55118 Prospective 140 Mendota 182 Amber Union Workforce Housing 1667 MN-51 Falcon Heights MN 55108 Prospective 106 Falcon Heights Country Road C West & 183 Fairview Avenue North Fairview Avenue North Roseville MN 55113 Prospective 475 Roseville 184 Fairview Avenue North 2501 Fairview Avenue North Roseville MN 55113 Prospective 99 Roseville 185 Village, The 1675 MN-36 Roseville MN 55113 Prospective 425 Roseville 186 White Bear Avenue East County Road C & White Bear Avenue Maplewood MN 55109 Prospective 99 Maplewood 187 7th Avenue East Development 7th Avenue Est & Margaret Street North North St. Paul MN 55109 Prospective 88 Oakdale - North 188 Anchor View Anchor Drive & McKnight Road North North St. Paul MN 55109 Prospective 126 Oakdale - North North Washington Avenue & 189 N Washington & N 5th Avenue North 5th Avenue Minneapolis MN 55401 Prospective 319 Minneapolis - Central 190 38th Street Station Phase II 3752 Hiawatha Avenue Minneapolis MN 55406 Prospective 145 Minneapolis - Powderhorn 191 Lake Street Dwelling Phase II & III 516 West Lake Street Minneapolis MN 55408 Prospective 203 Minneapolis - Powderhorn West Lake Street & West Lake Street & 192 James Avenue South James Avenue South Minneapolis MN 55408 Prospective 127 Minneapolis - Calhoun Isle 193 Satori 800 West Broadway Avenue Minneapolis MN 55411 Prospective 112 Minneapolis - Near North 194 Satori Phase II and III 800 West Broadway Avenue Minneapolis MN 55411 Prospective 96 Minneapolis - Near North West Broadway Curve 195 Redevelopment 1920 West Broadway Avenue Minneapolis MN 55411 Prospective 69 Minneapolis - Near North 196 4916 France 4916 France Avenue South Minneapolis MN 55410 Prospective 110 Edina / Eden Prairie 197 France Avenue - US Bank 7001 South France Avenue Edina MN 55435 Prospective 200 Edina / Eden Prairie 198 325 Blake Road Redevelopment 325 Blake Road North Hopkins MN 55343 Prospective 465 Hopkins Total Prospective 18,058
TOTAL MINNEAPOLIS - URBAN 39,539 Source: Yardi Matrix Yardi Source:
© 2020 Berkadia Real Estate Advisors LLC. Berkadia® is a trademark of Berkadia Proprietary Holding LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker License #01931050; Vincent B. Norris, CA BRE Lic. # 843890. Berkadia Commercial Mortgage LLC conducts business under CA Finance Lender & Broker Lic. #988-0701; and Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details visit: http://www.berkadia.com/legal/licensing.aspx. The information and details contained within this report have been obtained from a third-party and believed to be accurate; however, Berkadia has not independently verified its accuracy. Date of survey: January 2020