a berkshire hathaway and jefferies financial group company ......9 revel, the 1300 west lake street...
TRANSCRIPT
Minneapolis Urban New Construction & Proposed Multifamily ProjectsID PROPERTY UNITS1 NordHaus 2782 Liberty, The 2423 Central Park West 1994 Variant 1435 Moline, The 2416 Finn, The 577 Prime Place U of M 1958 Maverick 1689 Revel, The 12510 Denn, The 50
Total Lease-Up 1,69811 Talo 30312 Ritz Block 36913 Hub, The 43114 Aberdeen, The 5015 Lincoln Drive Residences 24416 East End 18117 Oaks Union Depot 7018 H.Q. 30619 RISE at Prospect Park 33620 Mendota Plaza 13921 721 North 1st Street 12422 2707 38th Street 5323 4800 Excelsior 16424 Montage 7225 Conifer Ridge 150
Total Under Construction 2,99226 10th & Marquette 29327 Gateway, The 16428 Iron Clad 17129 Nordic House 5930 Weidner Elliot Park 24531 Rex 26 8632 Holmes Avenue 7133 Theater Garage Marquee 11334 West Lake Street 20035 Marshall Street 11036 2407 University Avenue SE 20037 333 East Hennepin Avenue 28238 Brickhouse Lofts 31539 66th Street West & Xerxes Avenue South 22740 Gateway Pointe, The 21041 Rize at Opus 32242 Parkway 25, The 11243 9000 Golden Valley Road 9644 Chestnut Street 17545 Pioneer Press Redevelopment 14346 Wilson Ridge Phase II 11447 Snelling - Midway Site 62048 Westview Park 5649 Highway 13 6950 Villages at Frost - English Phase II, The 10751 205 Park 12252 Leef North Lofts, The 11053 Green on Fourth 24354 Lyndale Gardens 15155 Mariner, The 23656 5725 State Highway 7 29957 Elmwood, The 8558 Excelsior Blvd & Monterey Drive 14859 West Side Flats Phase II 264
Total Planned 6,218
60 Downtown East Block 1/Block 70 36061 Foundry, The 15662 Printer's Exchange / Rockler Fur Building 5563 Ritz Block Phase II 36064 TCF Bank Building Redevelopment 22065 Midtown Crossing 5566 Bloomington & Lake Street 5467 L&H Station Phases II - IV 400
68 Lyndale Avenue South &West Franklin Avenue 75
69 3404 List Place 19570 Buzza Lofts of Uptown Phase II 13071 West Lake Street 10072 Satori 25473 LoMa 15574 1319 4th Street SE 30075 4th Street Lofts 16376 Corner 5777 NordHaus Phase II 25878 26th Avenue 10079 Capp, The 15580 Primo Corner Redevelopment 10081 Lowry Avenue 823
82 66th Street West & Xerxes Avenue South Phase II 148
83 Eden Avenue Senior Living 18884 Grandview 17085 Promenade on France 20086 Minnetonka Hills Phase II 7887 Shady Oak Redevelopment 5488 Beltline Boulevard 18389 Central Park West Phase II 16490 Platia Place 15091 Xenia, The 37292 Plymouth Commons Phase II 6693 Seven Corners Gateway 10094 St. Paul Riverfront Mixed-Use 32595 Island Station 35096 Fillmore West 64097 2751 Shepard Road 21198 Sibley Plaza 12099 Snelling Avenue 128100 Pirtek Building 140101 Highway 13 Phase II 69102 West Broadway Curve Redevelopment 52103 Glendale Townhomes Redevelopment 550104 38th Street Station 164105 Cedar Point II 230106 Chamberlain 316
107 49 1/2 Street Mixed-Use Redevelop-ment 110
108 4916 France 110109 Crossroads 266110 700 Emerald Street 620111 Commerce Park 286
Total Prospective 11,085
a Berkshire Hathaway and Leucadia National company
Lease-Up
Under Construction
Planned
Prospective
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ID PROPERTY NAME ADDRESS CITY STATE ZIP OWNER NAME STATUS UNITS SUBMARKET PERMIT DATE FORECASTED COMPLETION DATE START OF RENT-UP
1 NordHaus 315 1st Avenue NE Minneapolis MN 55413 Lennar Multifamily Communities Lease-Up 278 Minneapolis - University 09/12/2016 04/30/2018 08/01/2017
2 Liberty, The 2448 Winnetka Avenue North Golden Valley MN 55427 Schachtman, Todd Lease-Up 242 Golden Valley 08/29/2016 01/31/2018 05/02/2017
3 Central Park West 1511 Utica Avenue South St. Louis Park MN 55416 DLC Residential Lease-Up 199 St. Louis Park 12/07/2015 11/30/2017 09/01/2017
4 Variant 315 7th Avenue North Minneapolis MN 55401 Greco Properties Lease-Up 143 Minneapolis - Central 09/05/2016 11/30/2017 07/17/2017
5 Moline, The 100 8th Avenue South Hopkins MN 55343 Doran Companies Lease-Up 241 Hopkins 03/01/2016 11/30/2017 04/10/2017
6 Finn, The 735 Cleveland Avenue South St. Paul MN 55116 Ackerberg Group, The Lease-Up 57 St. Paul - Highland 05/25/2016 09/30/2017 05/22/2017
7 Prime Place U of M 117 27th Avenue SE Minneapolis MN 55414 Elsey Partners Lease-Up 195 Minneapolis - University 08/15/2016 09/30/2017 02/06/2017
8 Maverick 120 Hennepin Avenue Minneapolis MN 55401 Ryan Companies Lease-Up 168 Minneapolis - Central 03/10/2016 09/30/2017 02/01/2017
9 Revel, The 1300 West Lake Street Minneapolis MN 55408 Carlyle Group, The Lease-Up 125 Minneapolis - Calhoun Isle 01/25/2016 09/30/2017 01/16/2017
10 Denn, The 815 13th Avenue SE Minneapolis MN 55414 CPM Companies Lease-Up 50 Minneapolis - University 09/01/2016 09/30/2017 12/01/2016
TOTAL LEASE-UP 1,698
11 Talo 5307 Circle Down Golden Valley MN 55416 Global One Commercial Under Construction 303 Golden Valley 02/20/2017 10/31/2018
12 Ritz Block 315 Nicollet Mall Minneapolis MN 55401 Opus Group, The Under Construction 369 Minneapolis - Central 12/01/2016 08/31/2018
13 Hub, The 600 Washington Avenue SE Minneapolis MN 55414 EdR Under Construction 431 Minneapolis - University 01/09/2017 06/30/2018
14 Aberdeen, The 1321 5th Avenue South Minneapolis MN 55404 St. Paul Development Corporation Under Construction 50 Minneapolis - Central 08/07/2017 05/31/2018
15 Lincoln Drive Residences 5901 Lincoln Drive Edina MN 55436 Opus Group, The Under Construction 244 Edina/Eden Prairie 02/20/2017 05/31/2018
16 East End 713 South Washington Avenue Minneapolis MN 55415 Sherman Associates Under Construction 181 Minneapolis - Central 02/06/2017 04/30/2018
17 Oaks Union Depot 244 4th Street East St. Paul MN 55101 Oaks Properties Under Construction 70 St. Paul - Downtown 01/09/2017 04/30/2018
18 H.Q. 518 South 9th Street Minneapolis MN 55404 Kraus-Anderson Companies Under Construction 306 Minneapolis - Central 06/27/2016 03/31/2018
19 RISE at Prospect Park 2929 University Avenue SE Minneapolis MN 55414 Harlem Irving Companies Under Construction 336 Minneapolis - University 08/01/2016 03/31/2018
20 Mendota Plaza 750 State Highway 110 Mendota Heights MN 55120 At Home Apartments Under Construction 139 Mendota 03/20/2017 03/31/2018
21 721 North 1st Street 721 North 1st Street Minneapolis MN 55401 Gunsbury, Curt Under Construction 124 Minneapolis - Central 01/23/2017 01/31/2018
22 2707 38th Street 2707 East 38th Street Minneapolis MN 55406 Lander Group Under Construction 53 Minneapolis - Powderhorn 06/15/2017 01/31/2018
23 4800 Excelsior 4800 Excelsior Blvd St. Louis Park MN 55416 Weidner Investment Services Under Construction 164 St. Louis Park 06/02/2016 11/30/2017
24 Montage 10 2nd Street SE Minneapolis MN 55414 Schafer Richardson Under Construction 72 Minneapolis - University 10/01/2016 10/31/2017
25 Conifer Ridge 3090 Hazelwood Street North Maplewood MN 55109 Stalland, Peter Under Construction 150 Maplewood 09/19/2016 09/30/2017
TOTAL UNDER CONSTRUCTION 2,992
26 10th & Marquette SWC South 10th Street & South Marquette Avenue Minneapolis MN 55403 Village Green Management Planned 293 Minneapolis - Central
27 Gateway, The 30 South 3rd Street Minneapolis MN 55401 Greystar Planned 164 Minneapolis - Central
28 Iron Clad 811 Washington Avenue South Minneapolis MN 55415 Graves Hospitality Planned 171 Minneapolis - Central
29 Nordic House 729 North Washington Avenue Minneapolis MN 55413 United Properties Planned 59 Minneapolis - Central
30 Weidner Elliot Park 1400 Park Avenue Minneapolis MN 55404 Weidner Investment Services Planned 245 Minneapolis - Central
31 Rex 26 2601 Lyndale Avenue South Minneapolis MN 55408 Master Properties Planned 86 Minneapolis - Powderhorn
32 Holmes Avenue 3009 Holmes Avenue Minneapolis MN 55408 Gunsbury, Curt Planned 71 Minneapolis - Calhoun Isle
33 Theater Garage Marquee 2004 Lyndale Avenue South Minneapolis MN 55405 Master Properties Planned 113 Minneapolis - Calhoun Isle
34 West Lake Street 3100 West Lake Street Minneapolis MN 55416 Brickstone Partners Planned 200 Minneapolis - Calhoun Isle
35 Marshall Street 1317 Marshall Street NE Minneapolis MN 55413 CPM Companies Planned 110 Minneapolis - Northeast
36 2407 University Avenue SE 2407 University Avenue SE Minneapolis MN 55414 United Properties Planned 200 Minneapolis - University
37 333 East Hennepin Avenue 333 East Hennepin Avenue Minneapolis MN 55414 Mortenson Development Planned 282 Minneapolis - University
38 Brickhouse Lofts 150 26th Avenue SE Minneapolis MN 55414 Swervo Development Planned 315 Minneapolis - University
39 66th Street West & Xerxes Avenue South NWC West 66th Street & Xerxes Avenue South Edina MN 55435 DLC Residential Planned 227 Edina/Eden Prairie
40 Gateway Pointe, The 3101 West 66th Street Edina MN 55423 Midwest Apartment Brokers Planned 210 Edina/Eden Prairie
41 Rize at Opus 10101 Bren Road East Minnetonka MN 55343 LeCesse Development Planned 322 Minnetonka
42 Parkway 25, The 4001 Highway 7 St. Louis Park MN 55416 Sela Investments Planned 112 St. Louis Park
43 9000 Golden Valley Road 9000 Golden Valley Road Golden Valley MN 55427 Schuett Companies, The Planned 96 Golden Valley
44 Chestnut Street 217 North Chestnut Street St. Paul MN 55102 Schafer Richardson Planned 175 St. Paul - Downtown
45 Pioneer Press Redevelopment 345 Cedar Street St. Paul MN 55101 Stencil Group Planned 143 St. Paul - Downtown
46 Wilson Ridge Phase II 1276 Wilson Avenue St. Paul MN 55106 Wall Companies, The Planned 114 St. Paul - Dayton's Bluff
47 Snelling - Midway Site SWC University Avenue West & Pascal Street North St. Paul MN 55104 RD Management Planned 620 St. Paul - Lexington Hamline
48 Westview Park 260 Marie Avenue West West St. Paul MN 55118 Tilsenbilt Homes Planned 56 West St. Paul
49 Highway 13 2180 Hwy 13 Mendota Heights MN 55120 Michael Development Planned 69 Mendota
50 Villages at Frost - English Phase II, The 1955 English Street Maplewood MN 55109 Sherman Associates Planned 107 Maplewood
51 205 Park 205 Park Avenue South Minneapolis MN 55415 Sherman Associates Planned 122 Minneapolis - Central
52 Leef North Lofts, The 212 James Avenue North Minneapolis MN 55409 Wellington Management Planned 110 Minneapolis - Near North
53 Green on Fourth 2901 SE 4th Street Minneapolis MN 55414 Prospect Park Properties Planned 243 Minneapolis - University
54 Lyndale Gardens 6400 Lyndale Avenue South Minneapolis MN 55423 Cornerstone Group, The Planned 151 Richfield
55 Mariner, The 10400 Bren Road East Minnetonka MN 55343 Landon Group Planned 236 Minnetonka
56 5725 State Highway 7 5725 State Highway 7 St. Louis Park MN 55416 PLACE Planned 299 St. Louis Park
57 Elmwood, The 5605 West 36th Street St. Louis Park MN 55416 Main Street Companies Planned 85 St. Louis Park
58 Excelsior Blvd & Monterey Drive 3743 Monterey Drive St. Louis Park MN 55416 Dominium Planned 148 St. Louis Park
59 West Side Flats Phase II 84 Wabasha Street South St. Paul MN 55107 Sherman Associates Planned 264 St. Paul - West Side
TOTAL PLANNED 6,218
60 Downtown East Block 1/Block 70 Park Avenue South & South 4th Street Minneapolis MN 55488 Ryan Companies Prospective 360 Minneapolis - Central
61 Foundry, The 128 North 2nd Street Minneapolis MN 55401 Semper Development Prospective 156 Minneapolis - Central
62 Printer's Exchange / Rockler Fur Building 16 4th Street North Minneapolis MN 55401 VoR Development Prospective 55 Minneapolis - Central
63 Ritz Block Phase II 315 Nicollet Mall Minneapolis MN 55401 Opus Group, The Prospective 360 Minneapolis - Central
Source: Yardi Matrix
Minneapolis Urban New Construction & Proposed Multifamily Projects
Source: Yardi Matrix
ID PROPERTY NAME ADDRESS CITY STATE ZIP OWNER NAME STATUS UNITS SUBMARKET PERMIT DATE FORECASTED COMPLETION DATE START OF RENT-UP
64 TCF Bank Building Redevelopment 801 South Marquette Avenue Minneapolis MN 55402 Franklin Street Properties Prospective 220 Minneapolis - Central
65 Midtown Crossing 2839 11th Avenue South Minneapolis MN 55407 Urbain DRC Prospective 55 Minneapolis - Phillips
66 Bloomington & Lake Street Bloomington Avenue & Lake Street Minneapolis MN 55407 Project for Pride in Living Prospective 54 Minneapolis - Powderhorn
67 L&H Station Phases II - IV 2225 East Lake Street Minneapolis MN 55407 Launch Properties Prospective 400 Minneapolis - Powderhorn
68 Lyndale Avenue South &West Franklin Avenue 2017 Lyndale Avenue South Minneapolis MN 55405 CPM Companies Prospective 75 Minneapolis - Powderhorn
69 3404 List Place 3404 List Place Minneapolis MN 55416 Bader Development Prospective 195 Minneapolis - Calhoun Isle
70 Buzza Lofts of Uptown Phase II 1006 West Lake Street Minneapolis MN 55408 Dominium Prospective 130 Minneapolis - Calhoun Isle
71 West Lake Street 1455 West Lake Street Minneapolis MN 55408 Weidner Investment Services Prospective 100 Minneapolis - Calhoun Isle
72 Satori 900 West Broadway Avenue Minneapolis MN 55411 Baylor, Timothy Prospective 254 Minneapolis - Near North
73 LoMa 2435 Marshall Street NE Minneapolis MN 55418 Master Properties Prospective 155 Minneapolis - Northeast
74 1319 4th Street SE 1319 4th Street SE Minneapolis MN 55414 CPM Companies Prospective 300 Minneapolis - University
75 4th Street Lofts 2813 SE 4th Street Minneapolis MN 55414 CA Ventures Prospective 163 Minneapolis - University
76 Corner 24 University Avenue NE Minneapolis MN 55413 Hunt, Daniel Prospective 57 Minneapolis - University
77 NordHaus Phase II 315 1st Avenue NE Minneapolis MN 55413 Lennar Multifamily Communities Prospective 258 Minneapolis - University
78 26th Avenue 2919 26th Avenue South Minneapolis MN 55406 Wellington Management Prospective 100 Minneapolis - Longfellow
79 Capp, The East 46th Street & Hiawatha Avenue Minneapolis MN 55406 Oppidan Investment Prospective 155 Minneapolis - Nokomis
80 Primo Corner Redevelopment Penn Avenue North & Lowry Avenue North Minneapolis MN 55412 City of Minneapolis Prospective 100 Brooklyn Center/Camden
81 Lowry Avenue 2500 Lowry Avenue NE St. Anthony MN 55418 Continental Property Group Prospective 823 Columbia Heights
82 66th Street West & Xerxes Avenue South Phase II NWC 66th Street West & Xerxes Avenue South Edina MN 55423 DLC Residential Prospective 148 Edina/Eden Prairie
83 Eden Avenue Senior Living 5150 Eden Avenue Minneapolis MN 55436 Trammell Crow Prospective 188 Edina/Eden Prairie
84 Grandview NWC Eden Avenue & Arcadia Avenue Edina MN 55436 Frauenshuh Prospective 170 Edina/Eden Prairie
85 Promenade on France West 66th Street & France Avenue South Edina MN 55435 Wildamere Prospective 200 Edina/Eden Prairie
86 Minnetonka Hills Phase II 2828 Jordan Avenue Minnetonka MN 55305 CSM Corporation Prospective 78 Minnetonka
87 Shady Oak Redevelopment 4312 Shady Oak Road Minnetonka MN 55345 Ron Clark Construction Prospective 54 Minnetonka
88 Beltline Boulevard Beltline Blvd & Park Glen Road St. Louis Park MN 55416 City of St. Louis Park Prospective 183 St. Louis Park
89 Central Park West Phase II 1511 Utica Avenue South St. Louis Park MN 55416 DLC Residential Prospective 164 St. Louis Park
90 Platia Place 9808 Wayzata Blvd St. Louis Park MN 55426 Doran Companies Prospective 150 St. Louis Park
91 Xenia, The 700 Xenia Avenue South Golden Valley MN 55416 Richdale Group Prospective 372 Golden Valley
92 Plymouth Commons Phase II 3301 Highway 169 North Plymouth MN 55441 Brummer Properties Prospective 66 Plymouth
93 Seven Corners Gateway NWC Kellogg Blvd West & 7th Street West St. Paul MN 55102 Opus Group, The Prospective 100 St. Paul - Downtown
94 St. Paul Riverfront Mixed-Use 50 Kellogg Blvd St. Paul MN 55102 Cardon Development Group Prospective 325 St. Paul - Downtown
95 Island Station 380 Randolph Avenue St. Paul MN 55102 LaValle, Jim Prospective 350 St. Paul - West Seventh
96 Fillmore West South Robert Street & Plato Blvd St. Paul MN 55107 Hunt Companies Prospective 640 St. Paul - West Side
97 2751 Shepard Road 2751 Shepard Road St Paul MN 55116 Arcadia Management Prospective 211 St. Paul - Highland
98 Sibley Plaza 2401 7th Street West St. Paul MN 55116 Paster Enterprises Prospective 120 St. Paul - Highland
99 Snelling Avenue Saint Clair Avenue & Snelling Avenue St. Paul MN 55105 LeCesse Development Prospective 128 St. Paul - Highland
100 Pirtek Building 2161 University Avenue West St. Paul MN 55114 Aeon Prospective 140 St. Paul - St.Anthony
101 Highway 13 Phase II 2180 Hwy 13 Mendota Heights MN 55120 Michael Development Prospective 69 Mendota
102 West Broadway Curve Redevelopment 1920 West Broadway Avenue Minneapolis MN 55411 Sherman Associates Prospective 52 Minneapolis - Near North
103 Glendale Townhomes Redevelopment 2709 Essex Street SE Minneapolis MN 55414 Minneapolis Public Housing Authority Prospective 550 Minneapolis - University
104 38th Street Station 3752 Hiawatha Avenue Minneapolis MN 55411 Lander Group Prospective 164 Minneapolis - Longfellow
105 Cedar Point II NEC 16th Avenue South & East 65th Street Richfield MN 55423 Boisclair Prospective 230 Richfield
106 Chamberlain East 67th Street & Cedar Avenue South Richfield MN 55423 Inland Real Estate Group Prospective 316 Richfield
107 49 1/2 Street Mixed-Use Redevelopment West 49th 1/2 Street & France Avenue South Edina MN 55424 Saturday Properties Prospective 110 Edina/Eden Prairie
108 4916 France 4916 France Avenue South Edina MN 55410 Saturday Properties Prospective 110 Edina/Eden Prairie
109 Crossroads 7200 France Avenue South Minneapolis MN 55435 Ramco Gershenson Properties Trust Prospective 266 Edina/Eden Prairie
110 700 Emerald Street 700 Emerald Street SE St. Paul MN 55114 Dominium Prospective 620 St. Paul - Lexington Hamline
111 Commerce Park Century Avenue North & 7th Avenue East St. Paul MN 55109 Anderson Companies Prospective 286 Oakdale - North
TOTAL PROSPECTIVE 11,085
TOTAL MINNEAPOLIS URBAN 21,993
Minneapolis Urban New Construction & Proposed Multifamily Projects
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