Uptown Construction Update – 7/2/2011
Featured, Real Estate — By Thatcher Imboden on July 2, 2011 12:37 pmOver the last couple of days I remembered to bring out the camera and take a few photos of what’s going on in the construction world in Uptown. The answer was a lot.
The Greenleaf
The Greenleaf at 28th Street and Lyndale has been topped off for a while and is very much looking like the finished product.
Flux
Flux, on the northwest corner of Fremont and Midtown Greenway, has topped off its western side and is now on its second floor on the east side. June 29, 2011
This photo is looking west from the NE corner of the building on Fremont Avenue. July 1, 2011
Also, Flux has a new rendering out. Pretty sharp.
MoZaic
The MoZaic project continues to grow, with the sixth floor forms going up last week. This view is looking from the Fremont Avenue bridge looking west. July 1, 2011
MoZaic project rises behind Drink and the Lagoon Cinema. This view looks north from Girard Aveue across Lagoon Avenue. July 1, 2011
1800 Lake
The 1800 Lake project topped off at 5 stories. The front part of the building is now going up. June 30, 2011
CB2
Retailer, CB2, just started construction on the foundation of their new retail building at 31st Street and Hennepin avenue. This photo looks west towards Hennepin. July 1, 2011
For more information on these project, check out our Real Estate section.
Thatcher Imboden
How cities work and change, how they are the product of their inhabitants and outside forces, and the resulting livability keep me thinking and dreaming about the future. I work in urban real estate development, am Past President of an Uptown business organization, grew up in Uptown, was on an Uptown neighborhood association Board, and am an Uptown and Lyn-Lake historian.
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3 Comments
Has anyone heard anything about the size/targeted price points for the new apartment projects?
About $1.85 to $2.05 per square foot, per month. Pretty standard for any new apartment project in Uptown, Dinkytown, or Downtown. I believe there may be some units being built around Minneapolis that have units as low as $1.60 but they’re targeting the higher amounts. Construction costs and land prices pretty much dictate that cost, from what I understand.
Although, with all this new competition I think they will be offering some sick deals to new renters, probably driving down prices of existing inventory as well…