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Foshay the Assets
AN EMPIRE BUILT ON PAPER FOSHAY: THE MAN AND THE CITY 1929-1934 It can be done! – Foshay’s motto During the “Decade of Excess” (1920-1929) Americans enjoyed exceptional prosperity. They became consumers of luxury goods purchased on credit. They invested heavily in the stock market with borrowed money. The financial sector was largely Photo: Minnesota Historical Society unregulated. This was the decade when Foshay was Wilbur B. Foshay building his securities empire. was born in 1881 and raised in Ossining, New York. Intending to become an artist, Foshay attended Columbia University until his Photo: Minnesota Historical Society father’s business failure ended his education. Scene in a St. Paul He worked with public utility companies out Broker’s office, 1929. Between 1929-1934, East, then came to Minneapolis in 1915. By 1917, with the help of a $6,000 loan, he built the city was in crisis. a financial empire by buying and selling public As in the rest of the country, bank after bank failed and utility companies and then selling their securities. the system nearly collapsed. People rushed their banks By 1929, his empire was spread out between October 29, 1929, just two trying to get their money out before it vanished. 12 states and five countries and was valued Nationally, one of three workers was jobless. at $25,000,000. months after the Foshay Tower When the stock market dedication, the stock market crashed, the banks refused Labor union unrest traumatized the city, ending in the The Foshay Tower, modeled after the Washington crashed and changed all that. -
Resurrecting an of the Washington Monument
Iconic Minnesota skyscraper is transformed, but restoration program returns a stunning centerpiece of the Interior color and design building’s 1920s origins to its onetime glory PROJECTS: Resurrecting an of the Washington Monument. Still, The Foshay has endured as a significant archi- tectural work of the 20th centu- ry since its completion in 1929, art- earning a place in the National Register of Historic Places in 1978 and, recently, undergo- ing a transformation to become the W Hotel Minneapolis-The deco Foshay, part of the upscale “W” hotel group operated by Starwood Hotels & Resorts Worldwide. The hotel developer—Ryan rehe Foshayl Tower,i an iconiccCompanies U.S. Inc.—and the design firm By Joe Maty Minneapolis landmark Munge Leung Design Associates presided Editor, JAC dating to the early days of over a major transformation of the building the American skyscraper, interior, integrating the upscale hotel can boast of a number of group’s trademark design and color interesting contradictions motifs—clearly of the contemporary vari- and mysteries: of fortunes ety—with the 1920s-vintage glamour and made and lost; of bad tim- glitz of an art-deco showpiece. The center- ing in the form of a debut at the wrong end of the piece of this art-deco pedigree, it turns out, Roaring ‘20s; of a quirky architectural combination is the elaborately crafted ceiling of the Tof art deco design with a geometric form evocative building’s lobby arcade, mostly obscured 8 / www.jacjournal.com Journal of Architectural Coatings / March / April 2009 or obliterated by periodic remodeling and Facing page: The first-floor redecorating, but rediscovered during the arcade of the Foshay Tower development project and restored to its one- (now the W Hotel time glory. -
Should Your Company's Health Care Premiu Cover the Cost of Paper Worl
THE UNIVERSITY OF MINNESOTA Should your company's health care premiu cover the cost of paper worl<? Blue Cross thinks so ... Yes, Blu e Cross t hinks so . And it's no minor co nveni · (Incidentally, last year Minnesota Blue Cross proc· ence . The fact t hat Blue Cross does handle all the paper essed over 200,000 hospital claims.) work of your health care program saves you time and This efficiency of administration does not mean costly personnel . .. this translates into money. you 're getting less for your health care dollar. In fa ct. First, when Blue Cross handles all the paper work, year after year, Blue Cross returns over 90 cents of it saves the expense of office space, files, supplies and every health care dollar to members in the form of expensive man hours. (This cuts your overhead and benefits. frees personnel to handle other important tasks.) Shouldn't you expect your hea lth care premium to Second, when Blue Cross processes claims, you include the cost of paper work? Blue Cross thinks so . have a staff of professionals working for you . They audit every bil l . an efficient check and balance on Why not ca ll the man from Blue Cross? He's an the money you're spending for a health care program . expert in designing health care programs. NOW AVAILABLE A booklet titled "How to Evaluate Group Hospitaliza· tion Today" will be sent to you-no cost or obligation. The booklet wi ll prove helpful to you in ana lyzi ng mii you'r present hospitalization program. -
Downtown Minneapolis Hotels Map
DOWNTOWN MINNEAPOLIS HOTELS MAP 14 8 Central Downtown Hennepin Avenue TARGET FIELD Theater District Loring Park Target Field Mill District 12 Elliot Park Warehouse North Loop 2 32 WAREHOUSE DISTRICT/ HENNEPIN AVE Light Rail Stop Target Center 17 Light Rail 24 10 Skyway NICOLLET MALL Meet Minneapolis 12 11 Visitor Center 27 25 35 13 29 31 30 GOVERNMENT PLAZA 5 28 3 33 25 23 20 METR O BL UE & GREEN LINES The Armory US BANK STADIUM 34 21 6 U.S. Bank Stadium 7 4 16 Orchestra Hall 9 HOTELS: 19 18 1 300 Clifton Bed & Breakfast 14 Hewing Hotel 27 Mpls Marriott City Center 2 AC Hotel by Marriott 15 Hilton Garden Inn 28 Moxy MinneapolisO GREEN Dtwn LINE 26 METR 22 3 Aloft Minneapolis 16 Hilton Minneapolis 29 Radisson Blu Downtown 4 Best Western Normandy 17 Hilton Tru/Home2Stes 30 Radisson Red 15 METR 5 Canopy By Hilton Mill District 18 Holiday Inn Express 31 Rand Tower Hotel O BL 6 Courtyard Minneapolis 19 Hotel Ivy 32 RenaissanceUE LINE Minneapolis 7 DoubleTree Suites 20 Hyatt Centric 33 Residence Inn City Center Minneapolis 8 Element Mpls North Loop 21 Hyatt Place Downtown 34 W Hotel - The Foshay Convention Center 9 Elliot Park Hotel 22 Hyatt Regency 35 Westin Minneapolis (The) 10 Embassy Suites 23 LeMeridien Chambers CEDA R / RIVERSIDE 11 Emery Hotel 24 Loews Minneapolis 12 Four Seasons (early 2022) 25 Marquette (The) 1 13 Hampton Inn & Suites 26 Millennium Hotel Minneapolis RESTAURANT | Address | Phone | Type CENTRAL DOWNTOWN (NICOLLET-MARQUETTE AVE) LORING PARK 801 Chop House | 801 Nicollet | 612-230-2467 | Steakhouse Buca di Beppo | 1204 Harmon Place | 612-288-0138 | Italian 8th Street Grill | 800 Marquette Ave | 612-349-5717 | American Cafe’ Lurcat | 1624 Harmon Place | 612-486-5500 | Contemporary Brit’s Pub | 1110 Nicollet Mall | 612-332-3908 | Irish Craft Bar & Lounge | Convention Ctr-1301 2nd Ave S | 612-615-0124 | American Dakota Jazz | 1010 Nicollet Mall | 612-332-1010 | American Lakes and Legends Brewing Co. -
Landmark Lunches Top Twin Cities Architects Share Their Favorite Buildings and Offer Their Suggestions for a Leisurely Lunch Nearby
star treatment for VIP clients and guests Landmark Lunches Top Twin Cities architects share their favorite buildings and offer their suggestions for a leisurely lunch nearby. By Melinda Nelson The Memorial Chapel at Lakewood Cemetery was modeled after the Hagia Sophia in Istanbul. Rosemary McMonigal, AIA Lakewood Cemetery, but upon entering optimism of urban design and high- Barnstables—they’re as divine as the McMonigal Architects the diminutive stone building, I was density housing. The project is not just basilica.” instantly transported to another world. an object—it’s both urban space and Minnesota State Capitol It was reminiscent of Byzantium, bold architecture. Thus inspired, head Basilica of St. Mary 88 N. 17th St., “If you haven’t been on a tour of our [and had] Arts and Crafts tile mosaics over to Republic at Seven Corners for a Minneapolis, 612-333-1381, mary.org iconic state Capitol building since a covering every surface. It was both Thousand Hills Chicago dog with fries The Oceanaire Seafood Room school bus drove you, it’s time breathtaking and unexpected. The and a pint of locally brewed 50 S. Sixth St., Minneapolis, 612-333- to visit and appreciate chapel was designed in 1910 by Harriet West Side IPA, 2277, theoceanaire.com this rare architectural architect Harry Wild Jones, who and toast to the spirit of treasure, designed in modeled it after the Hagia Sofia in Rapson.” Steve Nordgaard, AIA 1905 by architect Cass Istanbul. While you’re at the cemetery, TEA2 Architects Gilbert. See the visit the new, equally fantastic Garden Riverside Plaza 1610 beautiful and Mausoleum and Reception Center S. -
CITY of MINNEAPOLIS, MINNESOTA $12,975,000* General Obligation Parking Assessment Refunding Bonds, Series 2020
PRELIMINARY OFFICIAL STATEMENT DATED SEPTEMBER 9, 2020 REFUNDING ISSUE $12,975,000* RATINGS: NOT BANK-QUALIFIED Fitch Ratings: AA+ Requested from S&P Global Ratings See “RATINGS” herein. In the opinion of Kennedy & Graven, Chartered, Bond Counsel, based on present federal and Minnesota laws, regulations, rulings and decisions (which excludes any pending legislation which may have a retroactive effect), and assuming compliance with certain pletion or amendment. Under no covenants set forth in the resolutions approving the issuance of the Bonds, interest on the Bonds is not includable in gross income for federal income tax purposes and, to the same extent, is not includable in the taxable net income of individuals, estates, and n in which such offer, solicitation or sale trusts for Minnesota income purposes, and is not a preference item for purposes of computing the federal alternative minimum tax or the Minnesota alternative minimum tax imposed on individuals, estates, and trusts. Such interest is subject to Minnesota franchise taxes on corporations (including financial institutions) measured by income. No opinion will be expressed by Bond Counsel regarding other state or federal tax consequences caused by the receipt or accrual of interest on the Bonds or arising with respect to ownership of the Bonds. See “TAX EXEMPTION” herein. information is subject to com CITY OF MINNEAPOLIS, MINNESOTA $12,975,000* General Obligation Parking Assessment Refunding Bonds, Series 2020 Proposal Opening: September 17, 2020 until 10:00 a.m. Central Time ver, the pricing and underwriting Consideration of Award: Subsequent to Proposal Opening. See “OFFICIAL TERMS OF PROPOSAL” herein. shall there be any sale of these securities in any jurisdictio Dated Date of Bonds: Date of Delivery Interest Payment Dates: Each June 1 and December 1, commencing June 1, 2021 The General Obligation Parking Assessment Refunding Bonds, Series 2020 (the “Bonds”), of the City of Minneapolis (the “City”) will mature as shown on the inside front cover of this Official Statement. -
The Controversy Over Alonzo Hauser's Promise of Youth Sculpture
142 MINNESOTA HISTORY The Controversy Over Alonzo Hauser’s Promise of Youth Sculpture Martin Zanger Situated on the axis between the Beaux-Arts–styled Minnesota State Capitol and the sleek, modern Veterans Service Building on the State Capitol Mall is a statue by sculptor Alonzo Hauser entitled Promise of Youth. Whether or not passersby find the female figure positioned inside a lotus blossom attractive, they are likely unaware of the bitter controversy surrounding the birth of this work of art. Examining the drawn- out dispute reveals broader issues that often arise when governmental bodies make aesthetic decisions about public art. MARTIN ZANGER is emeritus professor of history, University of Wisconsin– La Crosse. A former chair of the Wisconsin Humanities Council, he has received fellowships from the D’Arcy McNickle Center for American Indian and Indigenous Studies, Chicago’s Newberry Library, the US State Department’s Fulbright program (Chulalongkorn University, Bangkok, Thailand), and the National Alonzo Hauser in his Eagan studio. Endowment for the Humanities (University of California, Berkeley). WINTER 2016–17 143 hortly after World War II, designer. The winner was young, In September 1947 Cavin lunched 40 years after the state Harvard- trained W. Brooks Cavin Jr. with sculptor Alonzo Hauser capitol building was (1914–2002). Cavin’s sympathetic (1909–88), discussing his plans for dedicated, Minnesota modern design met the competition the building. Hauser had taught lawmakersS finally agreed to beautify criteria that the new building should sculpture at Carleton College and had the capitol’s grounds and approach harmonize with the existing classi- recently founded Macalester College’s ways. -
United States Department of the Interior National Park Service 1
NFS Form 10-900 OMB No. 1024-0018 (Rev. 10-90) United States Department of the Interior National Park Service This form is for use in nominating or requesting determinations for individual properties and districts. See instructions in How to Complete the National Register of Historic Places Registration Form (National Register Bulletin 16A) . Complete each item by marking "x" in the appropriate box or by entering the information requested. If any item does not apply to the property being documented, enter "N/A" for "not applicable." For functions, architectural classification, materials, and areas of significance, enter only categories and subcategories from the instructions. Place additional entries and narrative items on continuation sheets (NFS Form 10-900a). Use a typewriter, word processor, or computer, to complete all items. 1. Name of Property____________________________________ historic name Westminster Presbyterian Church_____________ other names/site number N/A___________________________ 2. Location street & number 83 Twelfth Street South not for publication N/A city or town Minneapolis___________________ vicinity N/A state Minnesota code MN county Hennepin code 053 zip code 55403 3. State/Federal Agency Certification______________________ As the designated authority under the National Historic Preservation Act of 1986, as amended, I hereby certify that this x nomination ___ request for determination of eligibility meets the documentation standards for registering properties in the National Register of Historic Places and meets the procedural and professional requirements set forth in 36 CFR Part 60. In my opinion, the^-p^op srty ^^-^meets _____ does not meet the National that this property considered statewide x See itional comments.) S£ignc ture of cextirying o&ficialpat<_. -
SKYWAY OPERATIONS SUMMARY VERSION: Wednesday, March 10, 2021
MINNEAPOLIS SKYWAY SYSTEM SKYWAY OPERATIONS SUMMARY VERSION: Wednesday, March 10, 2021 INFORMATION LIMITED TO BUILDINGS THAT HAVE REPORTED HOURS AND IS SUBJECT TO CHANGE BUILDING NAME STATUS CURRENT SKYWAY OPERATIONS 100 Washington SquareUPDATED Skyway access Monday ‐ Friday 6:00 a.m. to 6:00 p.m., closed Saturday and Sunday. 111 Washington SquareUPDATED Skyway access Monday ‐ Friday 6:00 a.m. to 6:00 p.m., closed Saturday and Sunday. 11th & Harmon Ramp Skyway access closed until further notice. 11th & Marquette Ramp (Orchestra Skyway access to Hilton Hotel: Monday ‐ Friday 6:00 a.m. to 6:00 p.m., closed Hall Ramp) Saturday and Sunday. Skyway access to Convention Center: Closed until further notice. 11th Street Underground Ramp Skyway access Monday ‐ Friday 6:00 a.m. to 6:00 p.m., closed Saturday and Sunday. 121 South 8th Skyway access Monday ‐ Friday 6:00 a.m. to 6:00 p.m., closed Saturday and Sunday. 323 Washington See information for Gateway Ramp. 330 South Second Building Skyway access Monday ‐ Friday 6:00 a.m. to 6:00 p.m. Closed Saturday and Sunday. 365 Nicollet Apartments Skyway access Monday ‐ Friday 7:00 a.m. to 6:00 p.m., closed Saturday and Sunday. 510 Marquette Skyway access via card access only. 517 Marquette Ramp Skyway access to Rand Tower Hotel: Monday ‐ Friday 7:00 a.m. to 6:00 p.m., closed Saturday and Sunday. Skyway access to Westin Hotel: Skyway access Monday ‐ Friday 6:00 a.m. to 6:00 p.m., closed Saturday and Sunday. Skyway access to Soo Line Building: Skyway access Monday ‐ Friday 6:00 a.m. -
¨§¦90 ¨§¦35 ¨§¦94
FEDERAL HISTORIC TAX CREDIT PROJECTS Minnesota A total of 162 Federal Historic Tax Credit projects (certified by the National Park Service) and $362,554,811 in Federal Historic Tax Credits between fiscal year 2001 through 2020, leveraged an estimated $2,084,690,166 in total development. Data source: National Park Service, 2020 Roseau Warren Ely Virginia Duluth 2 10 Detroit Lakes Fergus Falls 2 3 Brainerd ¦¨§94 ¦¨§35 Long Prairie Little Falls Rush City St. Cloud2 Clearwater 35W Willmar Minneapolis ¦¨§ 63 Atwater Minnetonka 41St. Paul Beach Dawson ¦¨§494 Chaska Fort Snelling Olivia Red Wing Henderson Jordan 6 2 Frantenac Montgomery Cannon Falls 2 Wabasha New Ulm St. Peter Springfield Faribault Winona 2 2 Rochester Albert Lea ¦¨§90 Federal Historic Tax Credit Projects 1 6 - 10 0 30 60 120 Miles R 2 - 5 11 and over Provided by the National Trust for Historic Preservation and the Historic Tax Credit Coalition For more information, contact Shaw Sprague, NTHP Vice President for Government Relations | (202) 588-6339 | [email protected] or Patrick Robertson, HTCC Executive Director | (202) 302-2957 | [email protected] Minnesota Historic Tax Credit Projects, FY 2001-2020 Project Name Address City Year Qualified Project Use Expenditures Home Improvement Building 135-141 East William Albert Lea 2005 $5,343,465 Multi-Use Street Gustav Glader Bosch Farmstead 8193 Co. Road 4 SE Atwater 2009 $43,893 Housing Franklin Junior High School 1001 Kingwood Street Brainerd 2009 $6,820,654 Multi-Use Boiler and Tank Shop Bldg. 1 101 SE 13th Street -
Nicollet Mall & 6Th Street Minneapolis, Minnesota
NICOLLET MALL & 6TH STREET MINNEAPOLIS, MINNESOTA HOMEOFFICE SPACEPROPERTY AVAILABL FEATURESE LEASING LOCATION SITE PROPERTY FACTS PARKING For more information, please contact: BRENT ERICKSON MARK STEVENS KIM MEYER PETER FITZGERALD 612.305.2110 612.343.7114 952.893.8887 952.241.1111 BRENT ERICKSON [email protected] DUSIL [email protected] ERICKSON [email protected] [email protected] 612.305.2144 612.2.30305.5.21211010 801 Nicollet Mall, Suite 325 | Minneapolis, MN 55402 | cushwakenm.com NICOLLET MALL & 6TH STREET MINNEAPOLIS, MINNESOTA HOMEOFFICE SPACEPROPERTY AVAILABL FEATURESE LEASING LOCATION SITE PROPERTY FACTS PARKING PROPERTY FEATURES • Exceptional world-class 40-story office tower located along the rapidly transforming north end of Nicollet Mall. • Office tower is timeless glass and aluminum architecture with postmodern italian marble, terrazzo, and granite interior. • Top amenities included in the stunningly unified renovation. • Flexible floor plans with large glass lines and great views. • The curated hub for premium residences, retail, and restaurants. • Unique, creative space opportunity with Nicollet Mall exposure; 30,000 square feet. • 2 levels of retail including Caribou, D’Amico, Sprout and Fresh Market BUILDING FEATURES BUILDING SIZE 696,401 SF BUILDING CLASS A YEAR BUILT 1991 TOTAL AVAILABLE Office: 98,626 SF Retail: 9,123 SF MAXIMUM CONTIGUOUS Office: 31,595 SF Retail: 3,186 SF MINIMUM DIVISIBLE Office: 1,123 SF Retail: 350 SF LEASE RATE $18.00 - $21.00 Net - Highrise -
MINNEAPOLIS-ST. PAUL MARKET OVERVIEW the Twin Cities Is One of the Top-Performing Markets in the Nation to Work, Shop, and Live
MINNEAPOLIS-ST. PAUL MARKET OVERVIEW The Twin Cities is one of the top-performing markets in the nation to work, shop, and live. cushmanwakefield.com AREA OVERVIEW The “Twin Cities” of Minneapolis and St. Paul comprise a growing and vibrant metropolis with a diverse economic base, skilled labor pool and abundance of cultural and recreational opportunities that make it one of the most important commercial centers in the United States. Twin Cities is the dominant financial, manufacturing, distribution and transportation center between Chicago and Seattle, which also makes it a singular magnet for regional talent unlike coastal metropolises in close proximities. “No other place mixes affordability, opportunity, and wealth so well.” — The Atlantic, The Miracle of Minneapolis 2015 A DIVERSE & RESILIENT ECONOMY LABOR FORCE MIX IS CONSISTENTLY SOLID MINING, LOGGING, CONSTRUCTION The Twin Cities represents a broad range of GOVERNMENT MANUFACTURING industries. The employment base does not rely OTHER SERVICES 4% (PRIVATE) 13% on any single industry, drawing its strength from a 10% remarkably diverse business base and an economy 4% LEISURE & that is “knowledge-based, globalized, entrepreneurial, HOSPITALITY 9% TWIN CITIES TRADE, 19% TRANSPORTATION, IT-driven and innovation-based,” according to Forbes. EMPLOYMENT UTILITIES BREAKDOWN Such diversity enables this market to better weather Total Nonfarm recessions and economic downturns. Employment 16% Source: MN DEED 2% EDUCATION INFORMATION No single industry accounts for more than 20% of & HEALTH 7% 16% the total employment in the Twin Cities. FINANCIAL ACTIVITIES — MN DEED 2018 PROFESSIONAL & BUSINESS SERVICES 2 | Minneapolis-St.Paul Market Overview cushmanwakefield.com AREA OVERVIEW MARKET HIGHLIGHTS THE LAY OF THE LAND ANCHORS THE NINTH FEDERAL RESERVE More FORTUNE 500 Minneapolis is the head NINTH FEDERAL companies (19) per RESERVE DISTRICT of the Ninth U.S.