urbanMSP

It looks like they went back to the previous coloring of the tower.

The design is quite attractive, but you cannot call a project "transit oriented" and then build one parking space per unit, plus a ton of extra public parking (with three separate entrances and curb cuts!!). At best, this is "transit adjacent."

Sorry Sherman, I don't make the rules.

This whole site looks great. Sherman used to be a pretty prolific condo developer, though I think they got burned pretty bad. With the minor tweak to condo defect lawsuit laws having passed the legislature back in 2017, it doesn't seem to have made much of a difference for most developers. F&C and Twin Cities Business used to publish articles like "Where Has the Condo Market Gone?" pretty regularly in ~2013-2017, but I haven't seen anything recently. It would be nice to see comments from Sherman and Mortenson, etc on the current state of why they aren't doing condos. This 22-story building would seem to be a fit for condos, as would Sherman's "Encore" building in the Mill District. Same with Mortenson's Rafter in NE, etc.

I like the white metal paneling this and Nordhaus use. Not cheesy neon colors and such a nice break from Mortenson fiber cement panels.

This is finally coming to the CPC for approval next week - here's the packet.

I'm hoping the incoming recession doesn't kill this one. I don't know if the extra-complex financing scheme they must have assembled (market-rate apartments, subsidized apartments, city-owned fire station, privately-owned and operated public parking structure) makes it more or less or less vulnerable to that sort of thing?

And it passed, including the staff-recommended conditions to get rid of the proposed blank north wall looming above the Crooked Pint building and, more importantly, getting rid of the extra entrance-only curb cut to the parking ramp on 3rd St. Hopefully they can get started this summer.

This is back, and I am thrilled.

It's now two stories shorter, with ten fewer units, seventeen more resident parking spaces, and forty-eight fewer bicycle parking spaces. The design has also been VE'd a bit.

So why am I happy about it? Because the independent parking ramp that was planned at the heart of this project has been scrapped entirely, replaced with only a small surface lot. That's 316 parking spaces that will never be built, a net change of 285 parking spaces on this project. I suspect that with uncertainty about office working in the future, Sherman decided a commuter parking ramp wasn't worth the gamble. Regardless, this project will now add a net of just 83 parking spaces to this site (existing lot has 222 spaces), while adding over 300 new homes (90 of which will be available at 60% aMI). A big win for affordability and the climate.

Now let's hope this actually breaks ground.

I cant but find the tower very disappointing now as with each new design it looks cheaper.

A little disappointing that so much of this downtown site now reads as a one-story building from the street, but good to see it still moving forward, and good to see the giant parking ramp gone. That's an interesting development, since the public ramp wasn't something Sherman wanted, necessarily, but a condition from Allied Parking to allow sale of the site - the development had to include a public ramp with more spaces than the lot had and sell it back to them to continue to operate. So it's not so much Sherman deciding that SOV commuters aren't the future of downtown so much as it's a parking operator deciding that, which is big news.

Interesting that the skyway connection is marked as "future". If it doesn't get built as part of the initial project, I can't really imagine such a long dead-end portion being added later. Maybe they're still trying to talk the Crooked Pint and Eagle Bolt building owners into connecting to it and helping to pay for it?

Man, 3rd could be a good street for continued retail, restaurant use for the stadium and new density. Walk-up units and fitness rooms just take that away entirely.

Man, 3rd could be a good street for continued retail, restaurant use for the stadium and new density. Walk-up units and fitness rooms just take that away entirely.

I've frowned on street level walk-ups and street level amenity spaces in all these new development for a while, especially in the downtown core. Does nothing to activate the street, and honestly hardly ever seen anyone in most of the fitness rooms. I think it's kinda funny it seems residents with gyms continue to fork out money to pay for gym memberships, etc.

The street-length lobby and amenity space along 4th for the 365 Nicollet never should have been permitted.

I've frowned on street level walk-ups and street level amenity spaces in all these new development for a while, especially in the downtown core. Does nothing to activate the street, and honestly hardly ever seen anyone in most of the fitness rooms. I think it's kinda funny it seems residents with gyms continue to fork out money to pay for gym memberships, etc.

It's not great, but restaurant and retail space was a hard sell to developers even before the pandemic. Still a net positive for density as far as I'm concerned.

Edit: Quoted the wrong post - fixed!

Maybe they're still trying to talk the Crooked Pint and Eagle Bolt building owners into connecting to it and helping to pay for it?

That building may survive this building cycle but I'm guessing it doesn't survive the next one.

Looks like they are getting ready to start. The billboard has been taken down and equipment is being delivered to the site.

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Finance and Commerce had an article yesterday about the land purchase.
https://finance-commerce.com/2021/06/sh ... n-project/
It's locked, but the synopsis has:
An entity related to Sherman Associates purchased land for the developer’s three-building, multiuse project in downtown Minneapolis for $10.5 million late last month. The Minneapolis-based developer plans to construct two apartment buildings, including a 21-story tower, as well as a Minneapolis Fire Department station on the site.

Site all torn up now

Will the new fire station be built before the old one is torn down, much like the Larking managed the Wells Fargo branch?

Yep. And it's now a separate version, unlike the previous plan which had the underground parking extend under the fire station building. So, it should be faster to build, presumably.

Its amazing how Sherman can be so good at executing project after project, and Alatus can suck so bad at it! They both do similar developments, but only one can execute.