Minneapolis–St. Paul

Who will build the next office development in the North Loop?

Chart of the week: October 31, 2016

Sources: JLL Research

• This fall, T3 was the first speculative office development to deliver in Minneapolis since the Recession. What will break ground next? United Properties, Schafer Richardson, Hines, Swervo and CPM Cos. all have proposed developments in the North Loop. It’s only a matter of time until one lands a cornerstone tenant and construction begins again.

Swervo/CPM200,000 s.f.

Internet Exchange parking lot

United Properties 200,000 s.f.700 block of Washington

Schafer Richardson200,000 s.f.

Weather-Rite site

United Properties240,000 s.f.

N 5th Ave & N 5th St

Hinesup to 500,000 s.f.

350 N 5th St

Proposed Development Sites