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Re: Nye's Polonaise Room - 100 block of E Hennepin Avenue
Posted: December 10th, 2014, 10:40 am
by xandrex
Totally agree, it's a very messy situation, with a net loss seemingly inevitable. Let's just try to make the best of it.
For instance, the City could decide to subsidize this development by bringing to the table the supposed value loss that keeping the preexisting structure as-is takes from the profitability/viability of the new development. In other words, if it brings down the profitability by $5M, bring that much to the table and subsidize the investment by "investing" in Minneapolis past, present and future by keeping most of Nye's. The idea being that the City values the historic character of the building, and the CITY (and its people) is the one fronting the bill to maintain that character (and not either private interest).
Oof. I like Nye's, but I don't like Nye's for $5 million.
Nye's as we know of it is likely lost. But I can do something about the history of the place (including, potentially, the buildings). My gut tells me--and a run-in some elected officials didn't change that--that all of it, including the buildings, may be toast.
Re: Nye's Polonaise Room - 100 block of E Hennepin Avenue
Posted: December 10th, 2014, 10:58 am
by MNdible
The thing is, those buildings quite clearly are protected (maybe not in their Nye's form, but in their turn-of-the-century form). And they were protected when the current owners bought them, so it's not as if the city is taking value away from the current owners.
Now, the developers could try to convince the city to overrule the protections, but that's giving the owners value they don't currently have.
Re: Nye's Polonaise Room - 100 block of E Hennepin Avenue
Posted: December 10th, 2014, 11:10 am
by FISHMANPET
Also the 2 contributing buildings could be saved while completely gutting Nye's, so everyone should be clear about what they want preserved when they start advocating for something here.
Re: Nye's Polonaise Room - 100 block of E Hennepin Avenue
Posted: December 10th, 2014, 2:32 pm
by seanrichardryan
Let's not forget where the Jacobs brothers got their start,
Here's the family restaurant they inherited:
https://www.google.com/maps/place/1101+ ... 3d!6m1!1e1
Re: Nye's Polonaise Room - 100 block of E Hennepin Avenue
Posted: December 10th, 2014, 2:48 pm
by PhilmerPhil
?
Re: Nye's Polonaise Room - 100 block of E Hennepin Avenue
Posted: December 10th, 2014, 2:59 pm
by seanrichardryan
I forget most of you aren't from around here.
Jacobs 101, torn down for condos in 05'
Re: Nye's Polonaise Room - 100 block of E Hennepin Avenue
Posted: December 10th, 2014, 3:07 pm
by PhilmerPhil
Meh, I was born and raised in Minneapolis, but didn't make it to Northeast all that much when I was under 18.
Re: Nye's Polonaise Room - 100 block of E Hennepin Avenue
Posted: December 10th, 2014, 3:14 pm
by mattaudio
Yeah I think that just means you're old if you remember places that existed before 2005.
Re: Nye's Polonaise Room - 100 block of E Hennepin Avenue
Posted: January 22nd, 2015, 6:01 pm
by xandrex
http://www.startribune.com/local/minnea ... 09561.html
Two of three buildings proposed to stay for Nye's, will be moved together.
Re: Nye's Polonaise Room - 100 block of E Hennepin Avenue
Posted: January 22nd, 2015, 6:40 pm
by min-chi-cbus
Is this the first confirmation if height (29 floors)? Between that and the fact that the two older structures are staying, this is pretty great news! So much for "net loss" I suppose.
Re: Nye's Polonaise Room - 100 block of E Hennepin Avenue
Posted: January 22nd, 2015, 7:28 pm
by uptowncarag
I never thought I would see the day when Nordeast has its own skyline. I love this part of town.
Re: Nye's Polonaise Room - 100 block of E Hennepin Avenue
Posted: January 22nd, 2015, 9:38 pm
by David Greene
I never thought I would see the day when Nordeast has its own skyline. I love this part of town.
Technically this is Southeast.
Re: Nye's Polonaise Room - 100 block of E Hennepin Avenue
Posted: January 22nd, 2015, 10:00 pm
by twincitizen
I thought for sure they're have to be forced to do so by the city, so a very smart move on the developer's part.
Question: do residents of this neighborhood actually call it East Bank? Or maybe St. Anthony? It seems more St. Anthony than the two so-named neighborhoods to its north. All of Northeast seems to get lumped together as just "Northeast", moreso than other parts of the city.
Re: Nye's Polonaise Room - 100 block of E Hennepin Avenue
Posted: January 22nd, 2015, 11:15 pm
by xandrex
I'm not technically a resident, but I'm like two blocks east in Marcy-Holmes. I really don't have a name for the area. Usually I call it the St. Anthony area if people are familiar. But if I'm making plans to go out for the night, I pretty much just call it Northeast. Frankly, specific NE neighborhoods have a seeming branding problem.
Re: Nye's Polonaise Room - 100 block of E Hennepin Avenue
Posted: January 22nd, 2015, 11:43 pm
by Nathan
Wow! This is incredible news. that's cake and eating it too!
From what I can see of the rendering it meets the street amazingly and it says it has retail all around.
All the win.
Re: Nye's Polonaise Room - 100 block of E Hennepin Avenue
Posted: January 23rd, 2015, 1:00 am
by mulad
I prefer to call the area "Old St. Anthony", since that distinguishes it from the suburb father north.
Re: Nye's Polonaise Room - 100 block of E Hennepin Avenue
Posted: January 23rd, 2015, 9:11 am
by nordeast homer
^^^
ding, ding
Re: Nye's Polonaise Room - 100 block of E Hennepin Avenue
Posted: January 23rd, 2015, 9:46 am
by xandrex
I prefer to call the area "Old St. Anthony", since that distinguishes it from the suburb father north.
True. I've also called it the "St. Anthony Main" area if only because that sometimes has more mindshare than other references, even if that's technically talking about a specific place.
Related to Nye's: Didn't even see that they had a partial rendering (was on mobile when I posted). Maybe it's just the way the shot was taken, but that building looks so...hulking.
Re: Nye's Polonaise Room - 100 block of E Hennepin Avenue
Posted: January 26th, 2015, 11:44 am
by nickmgray
No matter how this building is designed, it will always look "hulking" when compared to the holder buildings on the block. Keep in mind, this plot of land is only about 1/4 of a usual blog. Yes, we've only see a small corner of one of the design images, but I think they are doing a good job - especially by creating a bit of space between the old and new buildings. This means the tower should be pretty slender.
Re: Nye's Polonaise Room - 100 block of E Hennepin Avenue
Posted: January 26th, 2015, 1:47 pm
by nordeast homer
It would be nice if they would release a better depiction of the development. It's hard to tell, but it appears that the lower level of the tower has stone on it which would blend in better with the older buildings and then turns "glassier" once it gets above them.
Those rents sound pretty high though, makes me wonder if both this and the Alatus development will get built? Seems like they're competing for the same crowd. The only difference would be if Alatus goes with condos versus rentals.