Portland Tower - 516 S. 8th St.

Downtown - North Loop - Mill District - Elliot Park - Loring Park
SixOneTwo
Nicollet Mall
Posts: 115
Joined: July 26th, 2012, 9:59 am

Portland Tower - 516 S. 8th St.

Postby SixOneTwo » August 22nd, 2014, 4:20 pm

This site was originally supposed to be Sexton II, then in April a tentative plan emerged to build a 34-story apartment tower (http://www.bizjournals.com/twincities/b ... l?page=all), now Jim Stanton will purchase the site and build condos.

The condo building will include underground parking that will be shared with residents of the Sexton.

http://www.loopnet.com/Listing/18609682 ... apolis-MN/

Silophant
Moderator
Posts: 4471
Joined: June 20th, 2012, 4:33 pm
Location: Whimsical NE

Re: Stanton Condo Building - 516 S. 8th St.

Postby Silophant » August 22nd, 2014, 6:33 pm

That's not a very big site. It's going to have to be taaaall, to get the amount of parking he thinks a downtown condo building needs. Not that that'll be totally out of place next to Centre Village.

Edit: Oh, underground parking. Deep, then.
Joey Senkyr
[email protected]

User avatar
Nick
Capella Tower
Posts: 2719
Joined: May 30th, 2012, 9:33 pm
Location: Downtown, Minneapolis

Re: Stanton Condo Building - 516 S. 8th St.

Postby Nick » August 23rd, 2014, 5:38 pm

Waited a whooooole day to ask, hoping someone else would, but is there a source in the links that I'm missing here? Or is it just a thing you heard?
Nick Magrino
[email protected]

SixOneTwo
Nicollet Mall
Posts: 115
Joined: July 26th, 2012, 9:59 am

Re: Stanton Condo Building - 516 S. 8th St.

Postby SixOneTwo » August 23rd, 2014, 11:20 pm

It's happening, Nicholas.

MotorCity2TwinCities
Nicollet Mall
Posts: 112
Joined: September 11th, 2012, 3:31 pm
Location: Downtown

Re: Stanton Condo Building - 516 S. 8th St.

Postby MotorCity2TwinCities » August 23rd, 2014, 11:39 pm

I can confirm this, however it will be 15 stories, not 34. Construction to begin this fall, completion in 15 months.

John
Capella Tower
Posts: 2102
Joined: May 31st, 2012, 2:06 pm

Re: Stanton Condo Building - 516 S. 8th St.

Postby John » August 24th, 2014, 10:10 am

I can confirm this, however it will be 15 stories, not 34. Construction to begin this fall, completion in 15 months.
I'll go out on a limb and predict it will look very similar to Stanton's Stonebridge Lofts and The Eclipse proposal ;) . Not that it necessarily is a bad thing for this site, as long as there is decent street frontage. It should turn out to be a relatively no impact "filler" project.

nickmgray
Union Depot
Posts: 319
Joined: July 3rd, 2012, 10:40 am

Re: Stanton Condo Building - 516 S. 8th St.

Postby nickmgray » August 24th, 2014, 6:58 pm

Glad to hear there's finally going to be something on this plot. This will be the first new project in the Elliot Park neighborhood in nearly a decade. The last thing to go up was Skyscape (2005).

15 floors seems a bit short, for this lot, but I'm sure this will help kick off a new interest in this side of downtown. Can't wait to see what the building will look like.

grant1simons2
IDS Center
Posts: 4371
Joined: February 8th, 2014, 11:33 pm
Location: Marcy-Holmes

Re: Stanton Condo Building - 516 S. 8th St.

Postby grant1simons2 » August 24th, 2014, 7:22 pm

Compared to other buildings in the area. 15 will fit right in

Image

Silophant
Moderator
Posts: 4471
Joined: June 20th, 2012, 4:33 pm
Location: Whimsical NE

Re: Stanton Condo Building - 516 S. 8th St.

Postby Silophant » August 24th, 2014, 9:46 pm

Yeah, I wouldn't mind it being ~25 stories like Skyscape and Grant Park, but I won't complain about 15 either. There's obviously still plenty of room for taller towers in this area.
Joey Senkyr
[email protected]

Tom H.
US Bank Plaza
Posts: 605
Joined: September 4th, 2012, 5:23 am

Re: Stanton Condo Building - 516 S. 8th St.

Postby Tom H. » August 25th, 2014, 7:10 am

Even if you don't like the height, just think optimistic thoughts. It's -1 infill building AND -1 surface parking lot.

twincitizen
Moderator
Posts: 6368
Joined: May 31st, 2012, 7:27 pm
Location: Standish-Ericsson

Re: Stanton Condo Building - 516 S. 8th St.

Postby twincitizen » August 25th, 2014, 7:41 am

Actually -1 vacant dirt lot: http://gis.hennepin.us/property/map/def ... 2924230021

The surface parking lot is Thrivent's. This .25-block lot in addition to their other 1.5 blocks of surface parking are a real eyesore.

John
Capella Tower
Posts: 2102
Joined: May 31st, 2012, 2:06 pm

Re: Stanton Condo Building - 516 S. 8th St.

Postby John » August 25th, 2014, 9:17 am

Actually -1 vacant dirt lot: http://gis.hennepin.us/property/map/def ... 2924230021

The surface parking lot is Thrivent's. This .25-block lot in addition to their other 1.5 blocks of surface parking are a real eyesore.
When you look at the aerial map of this section of downtown surface parking lots are in the majority and basically they're all eyesores! The good news is there is lots of potential with the advantage of being simpler to build on as they are already vacant. I think we will see more and more projects going up in this area as development around The Yard (to the north) is completed. It's a building boom just waiting to happen.

mullen
Foshay Tower
Posts: 961
Joined: June 4th, 2012, 7:02 am

Re: Stanton Condo Building - 516 S. 8th St.

Postby mullen » August 25th, 2014, 9:26 am

it's sorta already happening. building boom that is. HCMC, kraus anderson, wells fargo....

twincitizen
Moderator
Posts: 6368
Joined: May 31st, 2012, 7:27 pm
Location: Standish-Ericsson

Re: Stanton Condo Building - 516 S. 8th St.

Postby twincitizen » August 28th, 2014, 9:24 am


User avatar
Nathan
Capella Tower
Posts: 3695
Joined: June 1st, 2012, 10:42 am

Re: Stanton Condo Building - 516 S. 8th St.

Postby Nathan » August 28th, 2014, 9:43 am

hopefully the lot size forces him to do a less suburban feeling project not a lot of room for covered car entry and all that jazz. I'm hopeful, even if it's a simple design it'll fit in with the sexton

lordmoke
Wells Fargo Center
Posts: 1331
Joined: June 8th, 2012, 1:39 pm
Location: George Floyd Square

Re: Stanton Condo Building - 516 S. 8th St.

Postby lordmoke » August 28th, 2014, 9:44 am

A little more info, not locked:
http://www.bizjournals.com/twincities/m ... lding.html

Stanton's already closed on the land. End of the article makes it sound as though The Eclipse might still be in play.

John
Capella Tower
Posts: 2102
Joined: May 31st, 2012, 2:06 pm

Re: Stanton Condo Building - 516 S. 8th St.

Postby John » August 28th, 2014, 10:42 am

hopefully the lot size forces him to do a less suburban feeling project not a lot of room for covered car entry and all that jazz. I'm hopeful, even if it's a simple design it'll fit in with the sexton
I agree. This site is smaller than The Eclipse and will be harder for him and Oertel architects to screw up from a design standpoint. It's a corner infill project at a fairly inconspicuous intersection of downtown. It'll be barely noticeable in ten years when other projects sprout up around it. I can't help but wonder about the parking issue and if Mr Stanton will refuse to build it unless he gets his way? lol

User avatar
TommyT
Target Field
Posts: 511
Joined: August 13th, 2013, 9:21 am

Re: Stanton Condo Building - 516 S. 8th St.

Postby TommyT » August 28th, 2014, 11:14 am

I don't know much about the parking though but I do have a friend of a friend who lives at the Sexton and he was told that he will be able to purchase a parking space at 50% market, for 12K.

acs
Wells Fargo Center
Posts: 1364
Joined: March 26th, 2014, 8:41 pm

Re: Stanton Condo Building - 516 S. 8th St.

Postby acs » August 28th, 2014, 11:52 am

http://www.startribune.com/blogs/273061091.html

Quick Strib blurb with a rendering.

User avatar
mister.shoes
Wells Fargo Center
Posts: 1294
Joined: November 26th, 2012, 10:22 am

Re: Stanton Condo Building - 516 S. 8th St.

Postby mister.shoes » August 28th, 2014, 11:58 am

So we have our parking answer: an utterly blank yellow podium of about 3 stories or so.
The problem with being an introvert online is that no one knows you're just hanging out and listening.


Who is online

Users browsing this forum: No registered users and 59 guests