Minneapolis - Urban New Construction & Proposed Multifamily Projects 3Q20
Total Page：16
File Type：pdf, Size：1020Kb
Minneapolis - Urban New Construction & Proposed Multifamily Projects 3Q20 ID PROPERTY UNITS 1 Max 164 112 3 The Archive 198 115 10 OX - OP Residences 153 114 12 Gibson 159 13 Nico 123 113 196 195 Total Lease Up 797 116 194 48 118 14 The Larking 341 117 16 240 Hennepin 341 21 1400 Park 246 24 240 Park Avenue 204 12 25 Viridium 139 119 124 31 5th & 7th Street 175 50 33 625 Development 122 112 Washington Avenue 350 34 131 113 14th Avenue Flats 175 123 125 34 Odin 335 127 122 Total Under Construction 1,903 114 1501 Johnson Street 164 25 95 91 115 1717 Central Avenue 78 38 3 130 116 Eide Saw 118 132 36 1010 Building Redevelopment 179 42 129 117 Main Street West 113 37 12th Avenue South 225 38 310 Lofts 60 118 The Main Street 288 16 120 121 39 The 800 Washington Project 127 119 1101 Hennepin Avenue 56 97 93 128 40 Block 1 Residential 342 120 1127 4th Street SE 60 79 121 1319 4th Street SE 300 41 H. Alden Smith House 89 24 39 122 416 - 420 East Hennepin 227 42 North Loop Green 450 37 40 47 Lyndale Avenue 241 123 6th and 3rd 345 33 10 48 Broadway Street 108 124 700 Central Phase II 71 49 31 49 2407 University Avenue SE 200 125 American Spirit on 9th 88 50 815 6th Avenue 51 126 Cedar High - 1627 Renovation 116 41 14 36 1 92 53 The Bessemer at Seward 128 127 Corner 57 94 79 240 Portland Avenue 328 128 Dinkytown 300 21 96 Total Planned 2,528 129 General Mills 304 126 130 General Mills Phase II 270 13 91 110 3rd Avenue 107 131 Spectrum 61 92 12th Street Tower 350 132 Up Campus Student Housing 266 47 133 93 301 Nicollet 370 133 AGRA 171 94 825 8th Street 100 194 Satori 112 53 95 Duffey Lofts 200 195 Satori Phase II and III 96 96 Elliot Twins 100 196 West Broadway Rehabilitation and Addition Curve Redevelopment 69 97 Hall Hardware Building 258 Total Prospective 5,740 1000 ft Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Minneapolis - Urban New Construction & Proposed Multifamily Projects 3Q20 ID PROPERTY UNITS 44 80 5 Urban Park Phase II 61 105 104 43 99 6 Lakehaus 200 100 103 9 The Elmwood 70 193 11 98 102 81 29 157 6 23 11 The Asher 175 46 106 107 101 Total Lease Up 506 45 85 154 17 Via Sol 217 17 5 18 Novo 192 155 9 134 87 192 19 Millennium Sixty - Six 227 26 135 23 Sons of Norway Redevelopment 318 199 26 38th Street 63 29 Midtown Corner 189 197 153 Total Under Construction 1,206 43 Garfield 67 55 44 27th & Girard 85 106 West Lake Quarter 195 45 32 Girard 77 107 West Lake Street 452 46 The James and Lake 317 148 55 Cedar Avenue 125 134 Checkerboard 500 58 Penn Avenue South 130 135 Hiawatha Avenue 102 59 RF64 218 137 American Square 328 60 7200 France Avenue 171 138 American Square Phase II 100 138 61 Promenade Residences 185 142 6467 Lyndale Avenue South 120 137 62 Southdale Center Mixed Use Tower 260 143 4100 Apartments 70 80 2600 Blaisdell 147 144 77th Street 325 81 Lake Street Dwelling Phase II & III 203 145 77th Street 117 58 83 7250 France Avenue 130 147 The Boulevard Phase II 320 59 84 The Boulevard 277 148 Grandview 140 19 149 142 85 Beltline Boulevard 183 149 Millennium Sixty - Six Phase II 145 150 18 62 87 Sam's Club Redevelopment 144 150 Promenade on France 210 Total Planned 2,719 153 Blake Road Station 752 198 154 34th Street West 223 61 98 Midtown Crossing 55 155 6027 West 37th Street 136 60 99 1st Avenue South 51 157 Texas Avenue 106 84 83 100 Karmel Square 89 192 38th Street Station 164 147 144 143 101 L&H Station Phases II - IV 400 193 James Avenue Mixed Use 127 102 Lago 132 197 4207 Nicollet Avenue 82 145 103 2841 Hennepin Ave 145 198 France Avenue - US Bank 315 104 Buzza Lofts of Uptown Phase II 135 199 325 Blake Road Redevelopment 465 105 Girard Avenue 76 Total Prospective 6,577 2000 ft Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Minneapolis - Urban New Construction & Proposed Multifamily Projects 3Q20 ID PROPERTY UNITS 186 8 Platform 123 178 Total Lease Up 123 15 Waterford Bay 242 22 The Arlow on Kellogg 144 Total Under Construction 386 51 180 51 Malcolm Yards 300 52 52 The Wallis Prospect Park 256 181 65 Empire Building Lofts 158 176 66 Waterford Bay 242 8 170 179 175 67 590 Park Street 92 67 70 68 Stryker Senior Housing 57 177 74 169 69 Water Street West 137 72 73 160 167 70 441 Snelling Avenue North 137 71 158 71 Carroll Avenue 70 165 174 166 65 72 The Pitch 175 161 168 22 73 Snelling Midway Redevelopment 243 159 162 74 Payne Avenue 75 163 75 Butler Avenue 369 89 69 171 89 West Side Flats Phase II & III 264 Total Planned 2,575 158 Cray Plaza Remodel 100 66 164 15 68 159 First National Bank 170 160 The Gallery St. Paul 140 161 Kellogg Boulevard 90 162 RiverCentre Redevelopment 150 163 7th Street West 200 176 2383 University Avenue West 220 177 Fairview Avenue North & 164 James Avenue West Multifamily 60 University Avenue West 279 165 60 North Avon 100 179 Pirtek Building 140 75 166 Cathedral Hill 175 180 Bandana Square 152 167 Rice Street Sears Redevelopment 800 181 The Parkway 60 185 168 Selby and Dale 82 182 South St Paul 262 169 University Avenue 61 183 Thompson Oaks Golf Course 153 183 170 Rivoli Bluff 100 184 Town Center One 192 184 171 Fillmore West 640 185 River Bluff Senior Housing 140 182 174 Dayton Avenue 97 186 Amber Union Workforce Housing 106 175 United Villages at Midway 234 Total Prospective 4,903 2000 ft Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Minneapolis - Urban New Construction & Proposed Multifamily Projects 3Q20 ID PROPERTY UNITS 2 Elan West End 164 4 Birke 175 7 The Heights Phase II 63 Total Lease Up 402 20 Gateway Northeast 128 35 27 The Huxley 112 56 28 Parker Station Flats 198 139 30 Gateway Northeast 128 140 76 32 Xenia 372 141 57 Total Under Construction 938 64 77 88 82 78 30 188 28 109 20 27 190 35 Old Highway 8 Residential 100 187 191 54 Nawadaha Boulevard 141 189 56 3606 61st Avenue North 113 111 110 32 178 57 Northeast Business Center Redevelopment 265 4 108 151 86 2 63 Wayzata Boulevard 168 63 156 64 Lake Road Redevelopment 118 76 Fairview Avenue North 117 77 Fairview Avenue North 228 54 78 White Bear Avenue 99 136 82 Upper Harbor Terminal 530 90 Redevelopment 173 86 Platia Place 143 88 Four Seasons Mall Redevelopment 418 152 172 90 Project for Pride in Living 136 146 Total Planned 2,576 7 108 Currie Commons 189 152 Shady Oak 435 FreedomWorks Housing 156 Luxe at West End 207 109 Development 50 172 2751 Shepard Road 211 110 Girard and Humboldt 95 173 Sibley Plaza 120 111 Olson Memorial Hwy 92 178 Luther Seminary 120 136 Hiawatha Avenue 75 187 Fairview Avenue North 99 139 Bass Lake and Shingle 775 Creek Mixed-Use 188 Fairview Avenue North Senior 277 140 Silver Lake Road 258 189 Rosedale Center Mall Expansion 425 141 Silver Lake Road Phase II 238 190 7th Avenue East Development 88 146 Amundson Flats 115 191 Anchor View 126 151 The Pointe 186 Total Prospective 4,181 1 mi 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 Max 150 26th Avenue SE Minneapolis MN 55414 Lease-Up 164 Minneapolis - University 04/28/2020 01/31/2021 10/15/2020 2 Elan West End 1325 Utica Avenue South St. Louis Park MN 55416 Lease-Up 164 St. Louis Park 07/31/2019 01/31/2021 04/24/2020 3 The Archive 110 North 1st Street Minneapolis MN 55401 Lease-Up 198 Minneapolis - Central 06/01/2019 01/31/2021 03/19/2020 4 Birke 11700 Wayzata Blvd Minnetonka MN 55305 Lease-Up 175 Minnetonka 09/30/2019 12/31/2020 07/07/2020 5 Urban Park Phase II 3601 Phillips Pkwy Minneapolis MN 55426 Lease-Up 61 St. Louis Park 05/14/2019 12/31/2020 02/04/2020 6 Lakehaus 3100 West Lake Street Minneapolis MN 55416 Lease-Up 200 Minneapolis - Calhoun Isle 06/30/2019 12/31/2020 01/15/2020 7 The Heights Phase II 2180 Highway 13 Mendota Heights MN 55120 Lease-Up 63 Mendota 09/23/2019 12/31/2020 12/11/2019 8 Platform 747 Hampden Avenue St. Paul MN 55114 Lease-Up 123 St. Paul - Lexington Hamline 09/30/2019 11/30/2020 02/27/2020 9 The Elmwood 5605 West 36th Street St. Louis Park MN 55416 Lease-Up 70 St. Louis Park 04/30/2019 11/30/2020 01/30/2020 10 OX - OP Residences 1111 South Washington Avenue Minneapolis MN 55415 Lease-Up 153 Minneapolis - Central 06/01/2019 11/30/2020 08/30/2019 11 The Asher 1125 Lagoon Avenue Minneapolis MN 55408 Lease-Up 175 Minneapolis - Calhoun Isle 08/08/2019 10/31/2020 06/01/2020 12 Gibson 703 Central Avenue NE Minneapolis MN 55414 Lease-Up 159 Minneapolis - University 06/01/2019 10/31/2020 02/29/2020 13 Nico 10 East 18th Street Minneapolis MN 55403 Lease-Up 123 Minneapolis - Central 12/13/2019 10/31/2020 02/28/2020 Total Lease-Up 1,828 14 The Larking 813 Portland Avenue Minneapolis MN 55404 Under Construction 341 Minneapolis - Central 05/15/2020 05/31/2022 15 Waterford Bay 380 Randolph Avenue St Paul MN 55102 Under Construction 242 St.