Uptown Construction Update – 7/2/2011

Featured, Real Estate — By on July 2, 2011 12:37 pm

Over 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

2011.07.01 - The Greenleaf Construction

The Greenleaf at 28th Street and Lyndale has been topped off for a while and is very much looking like the finished product.

Flux

2011.06.29 - Flux Construction

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

2011.07.01 - Flux Construction

This photo is looking west from the NE corner of the building on Fremont Avenue. July 1, 2011

Flux rendering

Also, Flux has a new rendering out. Pretty sharp.

MoZaic

2011.07.01 - Mozaic Construction

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

2011.07.01 - Mozaic Construction

MoZaic project rises behind Drink and the Lagoon Cinema. This view looks north from Girard Aveue across Lagoon Avenue. July 1, 2011

1800 Lake

2011.06.30 - 1800 Lake Construction

The 1800 Lake project topped off at 5 stories. The front part of the building is now going up. June 30, 2011

CB2

2011.07.01 - CB2 construction

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 transit oriented development and have a background in urban real estate development. I 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

  1. Jason says:

    Has anyone heard anything about the size/targeted price points for the new apartment projects?

    • Thatcher Imboden says:

      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.

  2. TL says:

    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…

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