420 E Hennepin Ave

Northeast, Near North, Camden, Old St. Anthony, University and surrounding neighborhoods
drgrant
Block E
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Joined: April 25th, 2019, 7:50 am

Re: 420 E Hennepin Ave

Postby drgrant » July 8th, 2020, 10:55 am

For a good time, read the letter at the end of the packet.
"Parking is sadly being removed from these priceless urban neighborhoods, which is the lifeblood of neighborhood retail."

This is a crazy statement. However, his point about residential rents subsidizing an empty retail space is spot on. It makes it way harder to finance and jacks the rents up.

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Silophant
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Re: 420 E Hennepin Ave

Postby Silophant » July 8th, 2020, 11:47 am

Vitally important to be able to get into my car and drive to the coffee shop 300 feet away.

Cat349F
Metrodome
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Location: Outside the sustainable urban core

Re: 420 E Hennepin Ave

Postby Cat349F » July 8th, 2020, 4:34 pm

Vitally important to be able to get into my car and drive to the coffee shop 300 feet away.
If the spots on either side of the entrance are already taken, I will be using the drive-thru. If there isn’t one, I will drive around while my phone finds me one.
Unsustainable fossil burning fool.

seanrichardryan
Capella Tower
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Re: 420 E Hennepin Ave

Postby seanrichardryan » July 10th, 2020, 9:20 am

that's just sad actually.
Q. What, what? A. In da butt.

alexschief
US Bank Plaza
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Location: Philadelphia

Re: 420 E Hennepin Ave

Postby alexschief » October 23rd, 2020, 8:27 am

Minneapolis launched a new data portal yesterday. Among the maps is one showing active planning applications with the city.

From that map, it looks like Gunsbury made a submission for this project on October 2nd, and it will be on the November 2nd CPC meeting agenda. The map suggests that two units have been added since the CoW submission. Hopefully that means the design has also been improved.

Blaisdell Greenway
Nicollet Mall
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Re: 420 E Hennepin Ave

Postby Blaisdell Greenway » October 26th, 2020, 10:16 am

There was a truck out in this parking lot today drilling a core sample.

BruiserB
Block E
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Joined: June 24th, 2016, 7:47 pm

Re: 420 E Hennepin Ave

Postby BruiserB » January 12th, 2021, 10:15 am

They are dismantling the billboard on top of the current building at this site today. Seems like demolition may be imminent.

uptownbro
Nicollet Mall
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Joined: February 10th, 2020, 11:00 pm

Re: 420 E Hennepin Ave

Postby uptownbro » January 12th, 2021, 10:35 am

Still sad about the new designs but I guess its still a "win" to replace the parking lot and to have continued investment in the city

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Silophant
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Re: 420 E Hennepin Ave

Postby Silophant » January 12th, 2021, 2:14 pm

Here's the approval packet, for future reference. The design didn't really change, but the parking bays on Hennepin were removed, and the building will apparently be called the HenCen.

Excited for this to be the last winter of those sidewalks never being cleared.

Brenns
City Center
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Joined: September 26th, 2014, 10:15 am

Re: 420 E Hennepin Ave

Postby Brenns » January 21st, 2021, 1:10 pm

I don't mind this project. It's a little bland and the (still very visible) alley side is completely devoid of character, but there's some actual facade articulation along the street and no attempt to "jazz up" the exterior with an ugly multi-color melange of different panel types. We could do much worse.

Cat349F
Metrodome
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Joined: August 25th, 2019, 9:45 am
Location: Outside the sustainable urban core

Re: 420 E Hennepin Ave

Postby Cat349F » February 15th, 2021, 2:45 pm

Starts next month, I am being told.
Unsustainable fossil burning fool.

lordmoke
Wells Fargo Center
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Joined: June 8th, 2012, 1:39 pm
Location: Nicollet Island

Re: 420 E Hennepin Ave

Postby lordmoke » February 16th, 2021, 12:22 pm

Workers were pulling furniture and finishings out of the existing building on site last week.

Anondson
IDS Center
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Location: Where West Minneapolis Once Was

Re: 420 E Hennepin Ave

Postby Anondson » February 19th, 2021, 6:48 am

What’s happening?

https://www.bizjournals.com/twincities/ ... group.html

“Abacus, which specializes in multifamily properties, spent just over $3.9 million to acquire 416 and 420 E. Hennepin Ave. in a cash deal that closed Feb. 16. Abacus did not respond to a request for comment Thursday.”

COLSLAW5
Metrodome
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Joined: April 11th, 2018, 1:20 pm

Re: 420 E Hennepin Ave

Postby COLSLAW5 » February 19th, 2021, 8:34 am

My random guess is that Solhem might not wanted to have taken on the risk of the large commercial space right now so they packaged it up and worked to sell it for close to 2 million more than they bought it for and will move on to something else. It would explain the increased sale price if it included the work for the already designed and approved building.

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Nick
Capella Tower
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Joined: May 30th, 2012, 9:33 pm
Location: Loring Park, Minneapolis

Re: 420 E Hennepin Ave

Postby Nick » February 20th, 2021, 10:44 am

I remember Curt Gunsbury being very against building retail space he didn’t want to build.

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

Re: 420 E Hennepin Ave

Postby TroyGBiv » February 20th, 2021, 10:05 pm

So wait... is this development off? Is this a new dev who is just buying the lot? Or did they purchase the lot and the proposed dev that has moved thru so many city approvals?

lordmoke
Wells Fargo Center
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Re: 420 E Hennepin Ave

Postby lordmoke » February 21st, 2021, 1:33 pm

Parking lot on site is closed off. Really hope we're not getting a demo with no project afterward now.

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Silophant
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Re: 420 E Hennepin Ave

Postby Silophant » February 21st, 2021, 6:09 pm

We'll see, but it seems unlikely that an out-of-state multifamily developer bought a lot with an approved multifamily development plan to just demolish the building and sit on the empty lot.


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