Minnesota

Contegrity Group Breaks Ground on Net-Zero Library in Howard Lake, Minnesota

by Kristin Harlow July 17, 2023

HOWARD LAKE, MINN. — Contegrity Group Inc. has broken ground on the Howard Lake Library in central Minnesota. Designed by BKV Group, the 7,000-square-foot project marks the first net-zero library in Minnesota and the Upper Midwest, according to the architect. Completion is slated for the end of 2024. The new facility will replace the current two-story building located a few blocks away where the library has operated since 1979. As a net-zero energy building, the library will generate energy onsite using clean renewable resources in a quantity equal to or greater than the total amount of energy consumed. The many sustainable net-zero features include highly insulated foundations, walls and roofs; building and window placement for passive solar gain; and rooftop-mounted photovoltaics as the source of the property’s renewable energy. The project’s design and construction also comply with Minnesota’s statewide B3 Sustainable Building Guidelines, which establish sustainability goals for site, water, energy, indoor environmental quality, materials and construction. Minneapolis-based Precipitate provided net-zero consulting services. The new Howard Lake Library will include dedicated book collection areas for adults, teens and children, reservable study rooms, a community room available for library use and public rental, and a story time room for children’s programming. …

July 17, 2023

Development Healthcare Midwest Minnesota

Kraus-Anderson Completes $2M Renovation of Orthopaedic Associates Office in Minnesota

by Kristin Harlow July 12, 2023

VIRGINIA, MINN. — Kraus-Anderson has completed a $2 million renovation and expansion of the Orthopaedic Associates office in Virginia, about 65 miles north of Duluth. Designed by Cuningham Group Architecture Inc., the 7,500-square-foot project features an orthopedic medical clinic, X-ray suite and physical therapy gym. The property is situated within Rock Ridge District’s administration building. Rock Ridge and Orthopaedic Associates have partnered to provide career academy learning opportunities for students.

July 12, 2023

Development Healthcare Midwest Minnesota

Kraus-Anderson Completes 11,886 SF Renovation for M Physicians in St. Louis Park, Minnesota

by Kristin Harlow July 11, 2023

ST. LOUIS PARK, MINN. — Kraus-Anderson has completed an 11,886-square-foot renovation for the University of Minnesota Physicians (M Physicians) in St. Louis Park, a suburb of Minneapolis. The clinic is located on the second floor of the Park Place East building at 5775 Wayzata Blvd. Designed by HDR Architects, the project was completed in two phases in order to keep the clinic open during the remodel. The reimagined clinic features a new waiting area and rooms for consults and exams as well as remodeled conference rooms. Additional upgrades include new light fixtures, carpet, tile, flooring, paint and a new wall layout.

July 11, 2023

Development Midwest Minnesota Office

NELSON Worldwide Designs New Amenity Space at Office Building in Suburban Minneapolis

by Kristin Harlow July 11, 2023

GOLDEN VALLEY, MINN. — Architect NELSON Worldwide has designed a new shared amenity space at Golden Hills, an office building in the Minneapolis suburb of Golden Valley. The firm reconfigured the layout by removing an underutilized café and transforming it into a tenant lounge, grab-and-go market and game room. Dubbed 701 Local, the amenity space totals 1,700 square feet. There are multiple seating options and games such as air hockey.

July 11, 2023

Development Midwest Minnesota Multifamily Seniors Housing

Kraus-Anderson Completes Phase II of Lexington Landing Seniors Housing Development in St. Paul

by Kristin Harlow July 7, 2023

ST. PAUL, MINN. — Kraus-Anderson has completed Phase II construction of Lexington Landing, a $24 million seniors housing development in St. Paul’s Highland Park neighborhood. Designed by Pope Design Group, the four-story building features 92 independent living units. Amenities include a pickleball court, golf simulator, club lounge, community room, library, community garden, dog park, rooftop patio, fitness room and guest suite. Lexington Landing also offers event and activity programming, spiritual care and scheduled transportation. J.A. Wedum Foundation is the owner and PHS Management LLC is the property manager.

July 7, 2023

Acquisitions Industrial Midwest Minnesota

KCB Real Estate Acquires 740,000 SF Industrial Portfolio in Minnesota, Kentucky

by Kristin Harlow June 28, 2023

EDEN PRAIRIE, MINN. — KCB Real Estate has acquired a 740,000-square-foot industrial portfolio across two states for an undisclosed price. The portfolio includes a flex warehouse facility in Eden Prairie, a suburb of Minneapolis, as well as two distribution facilities in Bowling Green, Ky. The Bowling Green properties were built in 1990 and 2017, while the Eden Prairie facility was constructed in 1982. All the buildings feature multiple loading docks, and the Kentucky properties include automated warehouse management systems. KCB is an investment firm based in Pasadena, Calif.

June 28, 2023

Development Healthcare Midwest Minnesota

Davis Opens 16,147 SF Medical Office Building in Wayzata, Minnesota

by Kristin Harlow June 27, 2023

WAYZATA, MINN. — Davis has opened the Wayzata Specialty Center, a 16,147-square-foot medical office building in Wayzata, about 13 miles west of Minneapolis. Tailwind Pediatric Dentistry and Lorenz Clinic are leasing the entire second floor of the two-story building. LAK MedSpa occupies a portion of the first floor. The project replaced an outdated office building. The project team included Synergy Architecture Studio and Timco Construction. In addition to serving as developer, Davis is providing property management and leasing services for the building. Two suites on the first floor remain available for lease.

June 27, 2023

Acquisitions Midwest Minnesota Multifamily

JLL Brokers $3.6M Sale of Historic Apartment Building in Duluth, Minnesota

by Kristin Harlow June 23, 2023

DULUTH, MINN. — JLL Capital Markets has brokered the $3.6 million sale of Irving School Apartments in Duluth, a city located along Lake Superior. The property was originally built in 1895 as a school and was placed on Minnesota’s National Register of Historic Places and converted into apartments in 1978. The building features 44 units that average 980 square feet. Devon Dvorak, Mox Gunderson, Dan Linnell, Josh Talberg and Adam Haydon of JLL represented the seller, Sherman Associates. The buyer was High Point Holdings LLC.

June 23, 2023

Affordable Housing Development Midwest Minnesota Multifamily

Woda Cooper Breaks Ground on Shelby Commons Affordable Housing Community in Downtown Minneapolis

by Kristin Harlow June 22, 2023

MINNEAPOLIS — Woda Cooper Cos. Inc. has broken ground on Shelby Commons in the North Loop neighborhood of downtown Minneapolis. The development will offer 46 affordable and supportive housing units, with 12 units dedicated to those experiencing housing insecurity. Woda Cooper is co-developing the project with Project for Pride in Living. Shelby Commons marks the first community that Woda Cooper has developed in Minnesota. Amenities at the property will include a community room, underground parking, second-floor rooftop terrace, playground and community gardens. There will also be more than 2,000 square feet of public art across two large-scale exterior murals commissioned by Juxtaposition Arts. All of the units will be designated for households earning 30 to 80 percent of the area median income. The Minnesota Public Housing Authority is providing 12 project-based vouchers for rental assistance, and Hennepin County is providing five Housing Supports for subsidizing rents and supportive services. Primary financing for Shelby Commons comes from Low-Income Housing Tax Credits allocated by the Minnesota Housing Finance Agency and the City of Minneapolis. Merchants Capital is providing equity financing. Security Bank & Trust is providing a first mortgage, and Hennepin County Accelerator is providing a second soft mortgage. Huntington National Bank …

June 22, 2023

Acquisitions Midwest Minnesota Multifamily

JLL Brokers $8M Sale of Highland Chateau Multifamily Property in Duluth, Minnesota

by Kristin Harlow June 22, 2023

DULUTH, MINN. — JLL Capital Markets has brokered the $8 million sale of Highland Chateau in Duluth, a Minnesota city located along Lake Superior. The 60-unit multifamily property was built in 1972. Floor plans average 814 square feet. Amenities include garage parking, onsite laundry facilities, a 24-hour fitness center and a courtyard with a grilling and picnic area. Devon Dvorak, Mox Gunderson, Dan Linnell, Josh Talberg and Adam Haydon of JLL represented the seller, Sherman Associates. Encompass Real Estate Investment Services represented the buyer, PLB Highland Chateau LLC.

June 22, 2023

Newer Posts

Older Posts