INSIDE THIS ISSUE: An Interview with Jacob Frey .............................. 1-2 Snapshot: The Shops at 1700 ....................................2 THE Hot Spot: Habitation .................................................3 Diversity Collaborative .............................................4 Minnesota Marketplace ............................................5 Connection Legislative Update .....................................................6 What’s Trending? ...................................................... 7 Professional Showcase ..............................................7 Click on 2017 MSCA Golf Recap ...................................... 8-10 article title to MSCA Leadership ...................................................11 link direct to Calendar of Events & Prof. Showcase ...................12 that page! STARRSM Awards: Call for Nominations ...............13 JULY 2017 FEATURE An Interview with Jacob Frey – ARTICLE Downtown Minneapolis Update interviewed by Paula Klimek-Partch, SULLIVAN|DAY CONSTRUCTION QUESTIONS FOR JACOB FREY, MINNEAPOLIS 3RD WARD COUNCILMEMBER utilizing space more effectively & “...over $1M REPRESENTATIVE FOR THE DOWNTOWN MINNEAPOLIS, NORTH LOOP, NORTHEAST AND efficiently. While this is burdensome visitors, MARCH HOLMES NEIGHBORHOODS. JACOB IS ALSO A MAYORAL CANDIDATE FOR THE to the owner, statistically speaking, 5,000 media UPCOMING NOVEMBER 2017 ELECTION. its working. When you think of a stroll down your favorite city members, Jacob, thanks so much for agreeing the decision was made to use whether its Paris, New York, [and]10,000 to talk with us about the 2018 decorated concrete for the sidewalks. London, you’re not walking by one volunteers will Superbowl, Nicollet Mall, Retail Keep in mind that this project was massive retail store. You’re walking descend on and how the City is preparing for literally conducting surgery on the by unique shops and cafes and Minneapolis this major event. guts of the street. There are 100-year restaurants which creates a vibrant with events old pipes and massive electrical. We and exciting city. I recently attended an MSCA wanted to do it right the 1st time. being hosted networking event with Keynote PK: WHAT STEPS WILL BE PUT IN PLACE TO on Nicollet speaker Maureen Bausch, CEO PK: WITH THE CLOSING OF MACY’S AND MANAGE AND/OR EASE TRAFFIC CONGESTION Mall and the Minnesota Super Bowl Host BARNES AND NOBLE — WHAT RETAIL WILL FOR THOSE RESIDENTS WHO LIVE DOWNTOWN Convention Committee. Maureen shared with THERE BE FOR SUPERBOWL VISITORS IN AND THE 1M VISITORS? Center.” us that over $1M visitors, 5,000 DOWNTOWN MINNEAPOLIS? SAKS OFF media members, 10,000 volunteers 5TH IS AVAILABLE AND NORDSTROM RACK JF: Extensive planning from will descend on Minneapolis with IS CURRENTLY BEING BUILT OUT. THERE security, travel arrangements, food, events being hosted on Nicollet Mall ARE SOME SHOPS IN THE IDS AKA BANANA and the Convention Center. REPUBLIC. PK: I GUESS THE BIGGEST QUESTION IS JF: I was recently interviewed by a “WILL NICOLLET MALL BE COMPLETED reporter who wanted me to come BEFORE THE SUPER BOWL?” to the conclusion that retail is dead. That is so far from the truth. JF: Yes, absolutely! The Mall should Retail is alive and well however be completed around October. The dramatically changing. Large multi- original completion date was August level stores are disappearing, and so we are not far off. The biggest increases in on-line shopping are challenge was that the original changing the dynamics. I know design plan called for pavers not that here in Minneapolis there is only on the sidewalk but the street. a lot of nostalgia for Daytons. The It was difficult finding a General next step for downtown retail is JACOB FREY contractor to respond to the RFP. To reducing the square footage of each save money and come in at budget, independently run operation and – continued on page 2 july | 2017 FEATURE ARTICLE CONTINUED: An Interview with Jacob Frey – Downtown Minneapolis Update entertainment is being made. I’m not going AS THE BEST HALF TIME PERFORMANCE EVER! WILL they have been doing it successfully for to paint a rose picture & I will not claim PRINCE BE A PART OF OUR SUPER BOWL? years and years. differently. Downtown Minneapolis is going to be engulfed in a massive party for a week JF: I have heard some conversation PK: WHAT DO YOU SEE IS THE BIGGEST CHALLENGE, IF and traffic will be burdensome for those about Prince. I myself have brought the ANY HOSTING THE SUPER BOWL IN MINNEAPOLIS? folks living downtown. idea up several times. Prince helped put Minneapolis on the map and should be JF: Handling a major influx of people in a PK: WHAT IS THE PLAN FOR INCREASING SECURITY highlighted in a beautiful way at the super few days time is logistically difficult yet we NOT ONLY FOR VISITORS BUT AGAIN THOSE FOLKS Bowl. We are working with Prince family will handle in style! WHO LIVE AND WORK DOWNTOWN? WILL THERE BE AN to have a commemorative naming at INCREASE IN POLICE PATROL? Commons Park. PK: ANY HINTS ON WHO WILL BE PERFORMING AT HALFTIME? ;) JF: Absolutely! Minneapolis Police PK: LAST YEARS SUPER BOWL IN HOUSTON I’M SURE department will be working with other YIELDED VALUABLE INFORMATION ON HOSTING A SUPER JF: I got nothing. I wish I knew! municipalities, and jurisdictions for added BOWL? HAVE YOU OR ANY OF THE CITY STAFF ENGAGING security. In addition, we will contract with WITH THEM? privately hired security. The Super Bowl committee has raised tens of thousands of JF: City staff visited Houston which dollars and some of these funds will be used is a sprawling city and built to handle for added security. conventions whereas our stadium is built into downtown which offers a more closely PK: PRINCE PERFORMED AT HALF TIME AT THE 2007 knit experience. The NFL has a “boiler- SUPERBOWL IN MIAMI. HIS PERFORMANCE IS TOUTED plate” program/process for setting up and SNAPSHOT: THE SHOPS AT 1700 LOCATION: Minnetonka MONTH/YEAR OPENED:January 2017 OWNER: Paster Properties MANAGING AGENT & CENTER MANAGER: Paster Properties CENTER MANAGER: Mary Jane Wiatros REAL ESTATE REPRESENTATIVE: Brady Whalen, Paster Properties, 651-265-7866 ARCHITECT: ESG Architects The Shops at 1700 opened in January 2017 after being redeveloped from a CONSTRUCTION CONTRACTOR: Big-D Construction three-story office building to a vibrant mixed-use development featuring GLA: 15,830 SQ FT 15,830 square feet of retail and 115 market rate apartments. Farm & Vine, a fast casual concept, is expected to join existing tenants, Highland Bank CURRENT OCCUPANCY: 70% leased and Caribou/Einstein, this summer and T-Mobile is slated to open early # OF STORES: 4 2018. Inline space offering retailers excellent visibility at a high-traffic ANCHOR TENANTS: Highland Bank, Caribou Coffee/Einstein Bros. Bagels, intersection across from Ridgedale Center is available. T-Mobile, Farm & Vine CLICK HERE FOR MORE INFO MARKET AREA SERVED: Minneapolis CONSTRUCTION STYLE: Mixed-Use 2 july | 2017 HOT SPOT Habitation by Susanne Miller, LOUCKS HABITATION MAKES HOME DÉCOR EASY AND FUN discuss room dimensions and other critical information to ensure that pieces will fit specific rooms or areas. Whether you are interested in one piece, one room or your entire home, Habitation designers will collaborate with you to create a home that is as fabulous and unique as you are! Learn more about Interior Design services. Fashions change, tastes change, but cool art never goes out of style! habitationdesign.com 4317 Excelsior Blvd St. Louis Park, MN 55416 Habitation™ Furnishing + Design opened Habitation is a new concept in retail its doors in September of 2015 and is a furniture stores and interior design, offering premier retailer of Modern, Mid-century, Twin Cities homeowners a dazzling array of contemporary, and post-industrial furniture technological tools, from in-store computer and accessories. The store specializes in the tablets to clustered banks of LCD TVs creation of unique and extraordinary spaces which display special order items in actual and offers interior design services to help size. Habitation empowers clients to use bring clients’ visions to life for the spaces technological integration to make smart, where they live, work, and relax. long-term purchasing decisions. “The furniture market in the Twin Cities is The Habitation design team is dedicated to homogeneous; we have plenty of big-box providing transparency and value. The store stores selling the same, tired styles that offers honest, straightforward pricing that they’ve sold for decades. And if you want allows clients to understand a product’s an elevated look, or something that’s more true value. unique, the handful of boutiques in the area tend to be prohibitively expensive. We Residents of “partnered” condominium wanted to offer an alternative that was cool, and apartment buildings benefit from fun, and well-price,” Said Gregory Rich, Habitation’s on-site indexed floor plans Founder and Chief at Habitation. by building and unit, making it easy to Honeycomb Bookshelf 3 july | 2017 PROGRESS Diversity Collaborative & UPDATE 2017 Scholarship Winner by Karla Keller Torp, MSCA The Diversity Collaborative continues to make progress in DIVERSITY COLLABORATIVE BUILDING BETTER RELATIONSHIPS supporting its mission of increasing diversity within the commercial WITH EDUCATION real estate industry through scholarship, outreach, events, and Relationships continued with STEP-UP Achieve, Cristo Rey Jesuit communication. MSCA is proud to be a founding partner High School, Metro State