Seven Points Uptown (Calhoun Square)

Calhoun-Isles, Cedar-Riverside, Longfellow, Nokomis, Phillips, Powderhorn, and Southwest
Qhaberl
Foshay Tower
Posts: 834
Joined: February 25th, 2016, 9:51 am

Re: 1301 West Lake Street - Uptown

Postby Qhaberl » August 14th, 2017, 4:33 pm

I am a huge fan of step back development. Maybe we could develop something but keep the portion directly facing Lake At 2 stories. Towards the back of the lot, near the parking garage, in the building could step up to five or six stories. They could use the step back portion as amenity space for apartments. Not exactly sure on the financials, but just dreaming.


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Qhaberl
Foshay Tower
Posts: 834
Joined: February 25th, 2016, 9:51 am

Re: 1301 West Lake Street - Uptown

Postby Qhaberl » August 14th, 2017, 4:41 pm

Looking at the parking garage near the south west portion of the property, if looking north. I think you could almost argue for 7 to 8 stories. On the southern portion of the lot. I wouldn't recommend putting any balconies facing the parking ramp though. Would definitely be an unpleasant site to stare at.


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Qhaberl
Foshay Tower
Posts: 834
Joined: February 25th, 2016, 9:51 am

Re: 1301 West Lake Street - Uptown

Postby Qhaberl » August 16th, 2017, 8:47 am

Let's start dreaming. Those of you who are good at making 3-D models, let's see what you can come up with for this site? What kind of building would look good here?


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RailBaronYarr
Capella Tower
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Joined: September 16th, 2012, 4:31 pm

Re: Calhoun Square

Postby RailBaronYarr » August 18th, 2017, 9:53 am

Okay so this is my first time using some 3D modeling software so go easy on me.

Image

Qhaberl
Foshay Tower
Posts: 834
Joined: February 25th, 2016, 9:51 am

Re: Calhoun Square

Postby Qhaberl » August 18th, 2017, 11:07 am

Not bad. I would hope that they dont go with that type of building, but i like that you gave it a shot. Do you think that type of building would be resedental or comercial, or a mix of the two?


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gobezlij
City Center
Posts: 40
Joined: June 21st, 2012, 12:02 pm

Re: Calhoun Square

Postby gobezlij » August 18th, 2017, 4:50 pm

Kudos RBY. There couldn't be a better fit for the lot. Spectacular. Let's get 'er done.

MattW
Rice Park
Posts: 418
Joined: June 13th, 2015, 5:05 pm

Re: Calhoun Square

Postby MattW » August 21st, 2017, 8:32 am

There is only one word to describe this... Iconic.

TroyGBiv
US Bank Plaza
Posts: 646
Joined: July 6th, 2012, 10:33 pm

Re: Calhoun Square

Postby TroyGBiv » August 21st, 2017, 8:50 am

There is only one word to describe this... Iconic.
I thought we can only have "Iconic" on the Nicollet block? :roll:

DFPegg
Metrodome
Posts: 57
Joined: November 11th, 2012, 4:34 am

Re: Calhoun Square

Postby DFPegg » August 23rd, 2017, 8:32 pm

(R)ail(B)aronYarr = (R)etired(B)anker

Anondson
IDS Center
Posts: 4350
Joined: July 21st, 2013, 8:57 pm
Location: Where West Minneapolis Once Was

Re: Calhoun Square

Postby Anondson » August 23rd, 2017, 8:55 pm

I got nothing...

HiawathaGuy
Wells Fargo Center
Posts: 1623
Joined: June 4th, 2012, 12:03 pm

Re: Calhoun Square

Postby HiawathaGuy » February 22nd, 2019, 4:41 pm

For Sale...

Uptown’s Calhoun Square retail center is for sale
*LOCKED*

Gist:
Calhoun Square is being offered for sale, five years after the current owners purchased the property with ambitious plans to renovate the Uptown Minneapolis retail center.

Ackerberg had planned to renovate and reconfigure the 172,000-square-foot building, creating a prime leasable space on the corner of Hennepin Avenue and Lake Street. There were also talks of building a high-end apartment tower on a 1-acre vacant site just east of the shopping center.

Article states they likely won't get the $69.5M that they paid for it in 2014.
I wonder why they're jumping ship?!

seanrichardryan
IDS Center
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Location: Merriam Park, St. Paul
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Re: Calhoun Square

Postby seanrichardryan » February 22nd, 2019, 4:49 pm

Article states they likely won't get the $69.5M that they paid for it in 2014.
I wonder why they're jumping ship?![/color]
Cash for another deal.
Q. What, what? A. In da butt.

HiawathaGuy
Wells Fargo Center
Posts: 1623
Joined: June 4th, 2012, 12:03 pm

Re: Calhoun Square

Postby HiawathaGuy » February 22nd, 2019, 5:07 pm

Cash for another deal.
Fine - but giving up the vacant lot on Lake Street though?!

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Bob Stinson's Ghost
Landmark Center
Posts: 238
Joined: January 20th, 2018, 11:36 pm

Re: Calhoun Square

Postby Bob Stinson's Ghost » February 23rd, 2019, 1:58 pm

Article states they likely won't get the $69.5M that they paid for it in 2014.
I wonder why they're jumping ship?![/color]
Cash for another deal.
Is this speculation or information?

mattaudio
Stone Arch Bridge
Posts: 7711
Joined: June 19th, 2012, 2:04 pm
Location: NORI: NOrth of RIchfield

Re: Calhoun Square

Postby mattaudio » February 23rd, 2019, 7:33 pm

For those with full access to the article... are they selling the whole thing including the vacant lot? Or just selling the mall and keeping the vacant lot for themselves?

HiawathaGuy
Wells Fargo Center
Posts: 1623
Joined: June 4th, 2012, 12:03 pm

Re: Calhoun Square

Postby HiawathaGuy » February 25th, 2019, 11:28 am

For those with full access to the article... are they selling the whole thing including the vacant lot? Or just selling the mall and keeping the vacant lot for themselves?
Mall + ramp + vacant lot.

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Bob Stinson's Ghost
Landmark Center
Posts: 238
Joined: January 20th, 2018, 11:36 pm

Re: Calhoun Square

Postby Bob Stinson's Ghost » February 26th, 2019, 10:11 am

Article states they likely won't get the $69.5M that they paid for it in 2014.
I wonder why they're jumping ship?![/color]
Cash for another deal.
Sean, can you share anything about the other deal?

seanrichardryan
IDS Center
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Location: Merriam Park, St. Paul
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Re: Calhoun Square

Postby seanrichardryan » February 26th, 2019, 1:50 pm

Oh hi. Nothing confirmed, but that's the only reason I can think of to dump the property without development.
Q. What, what? A. In da butt.

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VacantLuxuries
Foshay Tower
Posts: 809
Joined: February 20th, 2015, 12:38 pm

Re: Calhoun Square

Postby VacantLuxuries » September 22nd, 2019, 12:18 pm

Anyone know why they're tearing up the vacant lot in front of the parking ramp? Saw it while I was going by there this morning.

rynet91
City Center
Posts: 27
Joined: February 17th, 2015, 2:04 pm

Re: Calhoun Square

Postby rynet91 » October 1st, 2019, 7:23 pm

Anyone know why they're tearing up the vacant lot in front of the parking ramp? Saw it while I was going by there this morning.
There's a temporary well permit open with the city for 1301 w lake St.


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