Office campus conversions

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Anondson
IDS Center
Posts: 4672
Joined: July 21st, 2013, 8:57 pm
Location: Where West Minneapolis Once Was

Office campus conversions

Postby Anondson » May 1st, 2024, 10:54 am

Finance and Commerce covered a CRE panel on the future of massive office campuses.

https://finance-commerce.com/2024/04/pa ... nversions/

To the surprise of few here… mixed use of the future.

Blaisdell Greenway
Union Depot
Posts: 327
Joined: July 12th, 2013, 8:42 am

Re: Office campus conversions

Postby Blaisdell Greenway » May 6th, 2024, 1:57 pm

I thought this was pretty interesting: "Minneapolis, he said, requires a full site plan approval to get a building permit which takes a long time and has no public financing tools for office conversions. St. Paul, on the other hand, views these conversions as tenant improvement projects, which speeds up the process considerably, Martinez said."

Is it ordinance that guides the difference in approach or just up to the planning department? Might be worth asking our council members to look into fixing this.

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Nick
Capella Tower
Posts: 2734
Joined: May 30th, 2012, 9:33 pm
Location: Downtown, Minneapolis

Re: Office campus conversions

Postby Nick » May 6th, 2024, 3:32 pm

Site plan approvals should be subject to the same 60 day rule as every other land use application. There might be (I’m sure there are) other regulations that make it more complicated but once you file the complete application they have to do something with it fairly quickly.
Nick Magrino
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