A recent Star Tribune report found that Minneapolis and St. Paul are gaining a larger slice of the metro’s population for the first time in a century.
People are moving back to the city. Recent development projects and renewed interest in urban culture, especially from young professionals, have played a strong role in revitalization efforts. With all of this happening right outside our windows, it’s worth noting a few of the development projects, including our own, that are shaping the future of downtown Minneapolis.
- Downtown East
Within our very own backyard the Downtown East project, a mixed-use development project that connects residential, office and commercial spaces, has already begun to welcome its first wave of newcomers to the neighborhood.
The entire project sits within a five block radius, about a block away from COCO. The new Wells Fargo campus sits near the US Bank Stadium, which will host Super Bowl LII in 2018. A boutique apartment complex EDITION, named in honor of the Star Tribune, faces the stadium, and the new hotel brand Radisson Red is across the street. A mix of commercial offerings from Caribou Coffee and Einstein Bros. Bagels to McKinney Roe are located around the radius. At the center of the development is The Commons, a public green space that features daily amenities like reading and game carts, and hosts events like concerts and the X Games.
- North Loop & the Warehouse District
Downtown’s North Loop, commonly known as the Warehouse district for its industrial history, has become the metro’s hippest neighborhood. The Minneapolis Farmers Market and The Target Field, home to the Minnesota Twins, round out the neighborhood that also features creative and tech firms and some of the metro’s trendiest restaurants, shops and the luxury Hewing Hotel. The neighborhood connects to the Mississippi River and has been recognized as the fastest growing neighborhood in Minneapolis.
- Nicollet Mall
The Nicollet Project is preparing for substantial completion in fall 2017 and is a mixed-use pedestrian-friendly and green space that will allow residents to live, work and play along one of the most significant streets in Minneapolis. The famed street’s redesign will feature park-like settings that will connect street-goers to Loring Park and the Mississippi River; Nice Ride bikeshare and multi-use transit shelters; a reading room with book exchange and Wi-Fi; and an Art Walk and Light Walk where people will gather for markets, festivals and more.
- COCO Downtown Expansion
We’re making room for downtown’s growth! In August 2017, we open the doors to our expansion on the historic trading floor of the Minneapolis Grain Exchange, and we’ll welcome a new wave of small businesses, startups, entrepreneurs and coworkers to our community.
Estimates predict the traditional workplace will be the minority in just over a decade. Every day we get to see coworking on a grand scale: from executive directors of nonprofits and founders of scaling businesses working side by side to events that pair experts in their fields with early and mid level professionals to our Code2040 partners who work hard to ensure opportunity is accessible for all.
The scale is about to become even more impressive. Having your foot in the door at the opening of our expansion gives you access to a community that’s growing and a downtown that’s transforming. We’ve already presold 60% of our dedicated spaces. Learn about the downtown expansion and experience the community for yourself by signing up for a tour. We’re ready to show you around.