North Loop Green - Hines - 350 N 5th St(?) - 35 stories - 393'/418'
Re: North Loop Green - Hines - 350 N 5th St(?) - 35 stories - 393'/418'
FAA has approved the crane(today) and the tower (some time ago). This should break ground any day now.
Re: North Loop Green - Hines - 350 N 5th St(?) - 35 stories - 393'/418'
Thanks for the information. Seeing the impact Gateway is having on the skyline I realize that seeing renderings is one thing and an actual structure is something entirely different. I believe the impact this building has will be similar.
Re: North Loop Green - Hines - 350 N 5th St(?) - 35 stories - 393'/418'
I wonder if this breaks ground this spring? Hines is clearly getting more invested in this city with the recent purchase of the 9th and Marquette site.
Re: North Loop Green - Hines - 350 N 5th St(?) - 35 stories - 393'/418'
Hopefully this doesn't stall the project. From the STrib
"At North Loop Green, a sprawling mixed-use development that's slated to replace several surface parking lots in the North Loop neighborhood, the developer had already received municipal approval to include nearly 360 traditional rentals and nearly 100 STRs that would have separate lobbies and amenities for those guests.
In a letter to the City Council, Hines project development director, Bob Pfefferle, said that by increasing the number of rentals the company was able to add public amenities including green space, that otherwise would be unaffordable. He also wrote that the new rules would impact the overall viability of the project, imploring the city to include a grandfather clause that would cover that project and others."
https://www.startribune.com/minneapolis ... 600013349/
"At North Loop Green, a sprawling mixed-use development that's slated to replace several surface parking lots in the North Loop neighborhood, the developer had already received municipal approval to include nearly 360 traditional rentals and nearly 100 STRs that would have separate lobbies and amenities for those guests.
In a letter to the City Council, Hines project development director, Bob Pfefferle, said that by increasing the number of rentals the company was able to add public amenities including green space, that otherwise would be unaffordable. He also wrote that the new rules would impact the overall viability of the project, imploring the city to include a grandfather clause that would cover that project and others."
https://www.startribune.com/minneapolis ... 600013349/
Re: North Loop Green - Hines - 350 N 5th St(?) - 35 stories - 393'/418'
I think there does need to be a cap on some of these short term rentals and air bnb but I do think if the city approved it which it sounds like they and others should be grandfathered in
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