Minneapolis Urban New Construction & Proposed …...Minneapolis Urban New Construction &...

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Minneapolis Urban New Construction & Proposed Multifamily ProjectsID PROPERTY UNITS1 Parkway 25, The 1122 Talo 3033 Hub on Campus, The 4314 Liberty, The 2425 East End 1806 Reserve at Mendota Village, The 1397 NordHaus 2808 Link, The 3369 Conifer Ridge 15010 Arrow, The 19511 H.Q. 30612 4800 Excelsior 164

Total Lease-Up 2,83813 Rize at Opus 32214 Iron Clad 17515 Ritz Block 37016 Lyndale Avenue South &West Franklin Avenue 7517 Blaisdell Avenue 7418 Villages at Frost - English Phase II, The 10719 Tula 7120 Plymouth Commons Phase II 6621 Aberdeen, The 5022 Loden 24623 Oaks Union Depot 70

Total Under Construction 1,62624 10th & Marquette 29325 Gateway, The 16426 Nordic, The 5727 Weidner Elliot Park 24528 Rex 26 8629 Theater Garage Marquee 11130 West Lake Street 20031 Marshall Flats 11032 2407 University Avenue SE 20033 333 Hennepin 28234 Brickhouse Lofts 31535 66th Street West & Xerxes Avenue South 22736 Eden Avenue Senior Living 18837 ENVi 18738 Shady Oak Redevelopment 5439 9000 Golden Valley Road 9640 Xenia, The 37241 Chestnut Street 17542 Snelling - Midway Site 62043 161 Concord Exchange North 6844 Westview Park 5645 Highway 13 6946 205 Park 12247 Leef North Lofts, The 10048 Green on Fourth 24349 Lyndale Gardens 15150 Mariner, The 23651 5725 State Highway 7 29952 Elmwood, The 7053 West Side Flats Phase II 26452 5725 State Highway 7 29953 Elmwood, The 70

Total Planned 5,66054 1400 Nicollet Avenue 23955 228 South 12th Street 36056 5th & 7th Street 15057 600 5th Avenue 10758 747 North 14559 Century Plaza 8060 Downtown East Block 1/Block 70 36061 Foundry, The 15662 North Loop 20063 Printer's Exchange / Rockler Fur Building 55

64 Residences at 33 5th Street 26165 Ritz Block Phase II 36066 TCF Bank Building Redevelopment 22067 Midtown Crossing 5568 Bloomington & Lake Street 5469 L&H Station Phases II - IV 40070 Lake Street Phase II 11171 3404 List Place 19572 Buzza Lofts of Uptown Phase II 13073 Sons of Norway Redevelopment 32674 Satori 25475 1717 Central Avenue 7876 LoMa 15577 1319 4th Street SE 30078 4th Street Lofts 16379 Bunge Grain Redevelopment 14580 Cedar High - 1627 Renovation 11681 Corner 5782 NordHaus Phase II 25883 26th Avenue 10084 Capp, The 14685 Brooklyn Center 57586 Primo Corner Redevelopment 10087 Lowry Avenue 82388 66th Street West & Xerxes Avenue South Phase II 14889 77th Street 32590 Crossroads 26691 Grandview 17792 Promenade on France 20093 12401 Wayzata Blvd 16894 12501 Ridgedale Drive 11195 Minnetonka Hills Phase II 7896 Beltline Boulevard 18397 Central Park West Phase II 16498 Platia Place 14999 Birdtown Flats 132100 First National Bank Building Redevelopment 150101 Seven Corners Gateway 100102 St. Paul Riverfront Mixed-Use 325103 Island Station 350104 739 Selby Avenue 95105 Cathedral Hill 175106 University Avenue 61107 Fillmore West 640108 2751 Shepard Road 211109 Ford Assembly Plant Site Redevelopment 4000110 Sibley Plaza 120111 Snelling Avenue 128112 O'Gara's Redevelopment 100113 Pirtek Building 140114 Highway 13 Phase II 69115 Edison 100116 38th Street Station 164117 West Broadway Curve Redevelopment 52118 Glendale Townhomes Redevelopment 550119 Cedar Point II 230120 Chamberlain 316121 49 1/2 Street Mixed-Use Redevelopment 110122 4916 France 110123 Excelsior Blvd & Monterey Drive 148124 700 Emerald Street 620125 Commerce Park 286

Total Prospective 18,685

a Berkshire Hathaway and Leucadia National company

Lease-Up

Under Construction

Planned

Prospective

LEGEND

1Q18

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ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMIT DATE FORECASTED COMPLETION DATE START OF RENT-UP

1 Parkway 25, The 4015 County Road 25 St. Louis Park MN 55416 Lease-Up 112 St. Louis Park 05/22/2017 09/30/2018 02/12/2018

2 Talo 5307 Circle Down Golden Valley MN 55416 Lease-Up 303 Golden Valley 02/20/2017 08/31/2018 10/12/2017

3 Hub on Campus, The 313 Harvard Street SE Minneapolis MN 55414 Lease-Up 431 Minneapolis - University 01/09/2017 08/31/2018 09/04/2017

4 Liberty, The 2448 Winnetka Avenue North Golden Valley MN 55427 Lease-Up 242 Golden Valley 08/29/2016 08/31/2018 05/02/2017

5 East End 240 Chicago Avenue Minneapolis MN 55415 Lease-Up 180 Minneapolis - Central 02/06/2017 06/30/2018 02/08/2018

6 Reserve at Mendota Village, The 720 South Plaza Way Mendota Heights MN 55120 Lease-Up 139 Mendota 03/20/2017 06/30/2018 10/16/2017

7 NordHaus 315 1st Avenue NE Minneapolis MN 55413 Lease-Up 280 Minneapolis - University 09/12/2016 06/30/2018 08/01/2017

8 Link, The 2929 University Avenue SE Minneapolis MN 55414 Lease-Up 336 Minneapolis - University 08/01/2016 05/31/2018 11/17/2017

9 Conifer Ridge 3090 Hazelwood Street North Maplewood MN 55109 Lease-Up 150 Maplewood 09/19/2016 05/31/2018 07/17/2017

10 Arrow, The 117 27th Avenue SE Minneapolis MN 55414 Lease-Up 195 Minneapolis - University 08/15/2016 05/31/2018 02/06/2017

11 H.Q. 816 Portland Avenue South Minneapolis MN 55404 Lease-Up 306 Minneapolis - Central 06/27/2016 04/30/2018 01/08/2018

12 4800 Excelsior 4800 Excelsior Blvd St. Louis Park MN 55416 Lease-Up 164 St. Louis Park 06/02/2016 04/30/2018 09/19/2017

TOTAL LEASE-UP 2,838

13 Rize at Opus 10101 Bren Road East Minnetonka MN 55343 Under Construction 322 Minnetonka 10/02/2017 09/30/2019

14 Iron Clad 811 Washington Avenue South Minneapolis MN 55415 Under Construction 175 Minneapolis - Central 11/20/2017 01/31/2019

15 Ritz Block 365 Nicollet Mall Minneapolis MN 55401 Under Construction 370 Minneapolis - Central 12/01/2016 11/30/2018

16 Lyndale Avenue South &West Franklin Avenue 2009 Lyndale Avenue South Minneapolis MN 55405 Under Construction 75 Minneapolis - Powderhorn 10/02/2017 10/31/2018

17 Blaisdell Avenue 2201 Blaisdell Avenue Minneapolis MN 55404 Under Construction 74 Minneapolis - Powderhorn 12/04/2017 09/30/2018

18 Villages at Frost - English Phase II, The 1955 English Street Maplewood MN 55109 Under Construction 107 Maplewood 08/07/2017 09/30/2018

19 Tula 3009 Holmes Avenue Minneapolis MN 55408 Under Construction 71 Minneapolis - Calhoun Isle 08/07/2017 06/30/2018

20 Plymouth Commons Phase II 3301 Highway 169 North Plymouth MN 55441 Under Construction 66 Plymouth 09/11/2017 06/30/2018

21 Aberdeen, The 500 East 14th Street Minneapolis MN 55404 Under Construction 50 Minneapolis - Central 08/07/2017 05/31/2018

22 Loden 5995 Lincoln Drive Edina MN 55436 Under Construction 246 Edina/Eden Prairie 02/20/2017 05/31/2018

23 Oaks Union Depot 244 4th Street East St. Paul MN 55101 Under Construction 70 St. Paul - Downtown 01/09/2017 04/30/2018

TOTAL UNDER CONSTRUCTION 1,626

24 10th & Marquette SWC South 10th Street & South Marquette Avenue Minneapolis MN 55403 Planned 293 Minneapolis - Central

25 Gateway, The 30 South 3rd Street Minneapolis MN 55401 Planned 164 Minneapolis - Central

26 Nordic, The 729 North Washington Avenue Minneapolis MN 55413 Planned 57 Minneapolis - Central

27 Weidner Elliot Park 1400 Park Avenue Minneapolis MN 55404 Planned 245 Minneapolis - Central

28 Rex 26 2601 Lyndale Avenue South Minneapolis MN 55408 Planned 86 Minneapolis - Powderhorn

29 Theater Garage Marquee 2004 Lyndale Avenue South Minneapolis MN 55405 Planned 111 Minneapolis - Calhoun Isle

30 West Lake Street 3100 West Lake Street Minneapolis MN 55416 Planned 200 Minneapolis - Calhoun Isle

31 Marshall Flats 1317 Marshall Street NE Minneapolis MN 55413 Planned 110 Minneapolis - Northeast

32 2407 University Avenue SE 2407 University Avenue SE Minneapolis MN 55414 Planned 200 Minneapolis - University

33 333 Hennepin 333 East Hennepin Avenue Minneapolis MN 55414 Planned 282 Minneapolis - University

34 Brickhouse Lofts 150 26th Avenue SE Minneapolis MN 55414 Planned 315 Minneapolis - University

35 66th Street West & Xerxes Avenue South NWC West 66th Street & Xerxes Avenue South Edina MN 55435 Planned 227 Edina/Eden Prairie

36 Eden Avenue Senior Living 5150 Eden Avenue Edina MN 55436 Planned 188 Edina/Eden Prairie

37 ENVi 3200 Southdale Circle Minneapolis MN 55423 Planned 187 Edina/Eden Prairie

38 Shady Oak Redevelopment 4312 Shady Oak Road Minnetonka MN 55345 Planned 54 Minnetonka

39 9000 Golden Valley Road 9000 Golden Valley Road Golden Valley MN 55427 Planned 96 Golden Valley

40 Xenia, The 700 Xenia Avenue South Golden Valley MN 55416 Planned 372 Golden Valley

41 Chestnut Street 217 North Chestnut Street St. Paul MN 55102 Planned 175 St. Paul - Downtown

42 Snelling - Midway Site SWC University Avenue West & Pascal Street North St. Paul MN 55104 Planned 620 St. Paul - Lexington Hamline

43 161 Concord Exchange North 161 Concord Exchange North South St. Paul MN 55075 Planned 68 West St. Paul

44 Westview Park 260 Marie Avenue West West St. Paul MN 55118 Planned 56 West St. Paul

45 Highway 13 2180 Hwy 13 Mendota Heights MN 55120 Planned 69 Mendota

46 205 Park 205 Park Avenue South Minneapolis MN 55415 Planned 122 Minneapolis - Central

47 Leef North Lofts, The 212 James Avenue North Minneapolis MN 55409 Planned 100 Minneapolis - Near North

48 Green on Fourth 2901 SE 4th Street Minneapolis MN 55414 Planned 243 Minneapolis - University

49 Lyndale Gardens 6400 Lyndale Avenue South Minneapolis MN 55423 Planned 151 Richfield

50 Mariner, The 10400 Bren Road East Minnetonka MN 55343 Planned 236 Minnetonka

51 5725 State Highway 7 5725 State Highway 7 St. Louis Park MN 55416 Planned 299 St. Louis Park

52 Elmwood, The 5605 West 36th Street St. Louis Park MN 55416 Planned 70 St. Louis Park

53 West Side Flats Phase II 84 Wabasha Street South St. Paul MN 55107 Planned 264 St. Paul - West Side

TOTAL PLANNED 5,660

54 1400 Nicollet Avenue 1400 Nicollet Avenue Minneapolis MN 55403 Prospective 239 Minneapolis - Central

55 228 South 12th Street 228 South 12th Street Minneapolis MN 55403 Prospective 360 Minneapolis - Central

56 5th & 7th Street 5th Avenue South & South 7th Street Minneapolis MN 55415 Prospective 150 Minneapolis - Central

57 600 5th Avenue 625 South 4th Avenue Minneapolis MN 55415 Prospective 107 Minneapolis - Central

58 747 North 747 North 3rd Street Minneapolis MN 55401 Prospective 145 Minneapolis - Central

59 Century Plaza 1101 3rd Avenue South Minneapolis MN 55404 Prospective 80 Minneapolis - Central

60 Downtown East Block 1/Block 70 Park Avenue South & South 4th Street Minneapolis MN 55488 Prospective 360 Minneapolis - Central

61 Foundry, The 128 North 2nd Street Minneapolis MN 55401 Prospective 156 Minneapolis - Central

62 North Loop 800 North 1st Street Minneapolis MN 55401 Prospective 200 Minneapolis - Central

63 Printer's Exchange / Rockler Fur Building 16 4th Street North Minneapolis MN 55401 Prospective 55 Minneapolis - Central

64 Residences at 33 5th Street 33 South 5th Street Minneapolis MN 55402 Prospective 261 Minneapolis - Central

Source: Yardi Matrix

Minneapolis Urban New Construction & Proposed Multifamily Projects

Source: Yardi Matrix

ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMIT DATE FORECASTED COMPLETION DATE START OF RENT-UP

65 Ritz Block Phase II 315 Nicollet Mall Minneapolis MN 55401 Prospective 360 Minneapolis - Central

66 TCF Bank Building Redevelopment 801 South Marquette Avenue Minneapolis MN 55402 Prospective 220 Minneapolis - Central

67 Midtown Crossing 2839 11th Avenue South Minneapolis MN 55407 Prospective 55 Minneapolis - Phillips

68 Bloomington & Lake Street Bloomington Avenue & Lake Street Minneapolis MN 55407 Prospective 54 Minneapolis - Powderhorn

69 L&H Station Phases II - IV 2225 East Lake Street Minneapolis MN 55407 Prospective 400 Minneapolis - Powderhorn

70 Lake Street Phase II 516 West Lake Street Minneapolis MN 55408 Prospective 111 Minneapolis - Powderhorn

71 3404 List Place 3404 List Place Minneapolis MN 55416 Prospective 195 Minneapolis - Calhoun Isle

72 Buzza Lofts of Uptown Phase II 1006 West Lake Street Minneapolis MN 55408 Prospective 130 Minneapolis - Calhoun Isle

73 Sons of Norway Redevelopment 1455 West Lake Street Minneapolis MN 55408 Prospective 326 Minneapolis - Calhoun Isle

74 Satori 900 West Broadway Avenue Minneapolis MN 55411 Prospective 254 Minneapolis - Near North

75 1717 Central Avenue 1717 Central Avenue NE Minneapolis MN 55413 Prospective 78 Minneapolis - Northeast

76 LoMa 2435 Marshall Street NE Minneapolis MN 55418 Prospective 155 Minneapolis - Northeast

77 1319 4th Street SE 1319 4th Street SE Minneapolis MN 55414 Prospective 300 Minneapolis - University

78 4th Street Lofts 2813 SE 4th Street Minneapolis MN 55414 Prospective 163 Minneapolis - University

79 Bunge Grain Redevelopment 1200 SE Brook Avenue Minneapolis MN 55414 Prospective 145 Minneapolis - University

80 Cedar High - 1627 Renovation 1627 South 6th Street Minneapolis MN 55454 Prospective 116 Minneapolis - University

81 Corner 24 University Avenue NE Minneapolis MN 55413 Prospective 57 Minneapolis - University

82 NordHaus Phase II 315 1st Avenue NE Minneapolis MN 55413 Prospective 258 Minneapolis - University

83 26th Avenue 2919 26th Avenue South Minneapolis MN 55406 Prospective 100 Minneapolis - Longfellow

84 Capp, The East 46th Street & Hiawatha Avenue Minneapolis MN 55406 Prospective 146 Minneapolis - Nokomis

85 Brooklyn Center Bass Lake Road & Shingle Creek Regional Trail Brooklyn Center MN 55430 Prospective 575 Brooklyn Center/Camden

86 Primo Corner Redevelopment Penn Avenue North & Lowry Avenue North Minneapolis MN 55412 Prospective 100 Brooklyn Center/Camden

87 Lowry Avenue 2500 Lowry Avenue NE St. Anthony MN 55418 Prospective 823 Columbia Heights

88 66th Street West & Xerxes Avenue South Phase II NWC 66th Street West & Xerxes Avenue South Edina MN 55423 Prospective 148 Edina/Eden Prairie

89 77th Street 4660 77th Street West Edina MN 55435 Prospective 325 Edina/Eden Prairie

90 Crossroads 7200 France Avenue South Minneapolis MN 55435 Prospective 266 Edina/Eden Prairie

91 Grandview Arcadia Avenue & Eden Avenue Edina MN 55436 Prospective 177 Edina/Eden Prairie

92 Promenade on France West 66th Street & France Avenue South Edina MN 55435 Prospective 200 Edina/Eden Prairie

93 12401 Wayzata Blvd 12401 Wayzata Blvd Minnetonka MN 55305 Prospective 168 Minnetonka

94 12501 Ridgedale Drive 12501 Ridgedale Drive Minnetonka MN 55305 Prospective 111 Minnetonka

95 Minnetonka Hills Phase II 2828 Jordan Avenue Minnetonka MN 55305 Prospective 78 Minnetonka

96 Beltline Boulevard Beltline Blvd & Park Glen Road St. Louis Park MN 55416 Prospective 183 St. Louis Park

97 Central Park West Phase II 1511 Utica Avenue South St. Louis Park MN 55416 Prospective 164 St. Louis Park

98 Platia Place 9808 Wayzata Blvd St. Louis Park MN 55426 Prospective 149 St. Louis Park

99 Birdtown Flats 36th Avenue North & France Avenue North Robbinsdale MN 55422 Prospective 132 Golden Valley

100 First National Bank Building Redevelopment 332 Minnesota Street St. Paul MN 55101 Prospective 150 St. Paul - Downtown

101 Seven Corners Gateway NWC 7th Street West & Kellogg Blvd West St. Paul MN 55102 Prospective 100 St. Paul - Downtown

102 St. Paul Riverfront Mixed-Use 50 Kellogg Blvd St. Paul MN 55102 Prospective 325 St. Paul - Downtown

103 Island Station 380 Randolph Avenue St. Paul MN 55102 Prospective 350 St. Paul - West Seventh

104 739 Selby Avenue 739 Selby Avenue St. Paul MN 55104 Prospective 95 St. Paul - Summit-University

105 Cathedral Hill 393 Marshall Avenue St. Paul MN 55102 Prospective 175 St. Paul - Summit-University

106 University Avenue 625 University Avenue West St. Paul MN 55104 Prospective 61 St. Paul - Thomas-Dale

107 Fillmore West Plato Blvd & South Robert Street St. Paul MN 55107 Prospective 640 St. Paul - West Side

108 2751 Shepard Road 2751 Shepard Road St. Paul MN 55116 Prospective 211 St. Paul - Highland

109 Ford Assembly Plant Site Redevelopment SEC Ford Pkwy & Mississippi River Blvd St. Paul MN 55116 Prospective 4000 St. Paul - Highland

110 Sibley Plaza 2401 7th Street West St. Paul MN 55116 Prospective 120 St. Paul - Highland

111 Snelling Avenue Saint Clair Avenue & Snelling Avenue St. Paul MN 55105 Prospective 128 St. Paul - Highland

112 O'Gara's Redevelopment 164 North Snelling Avenue St. Paul MN 55104 Prospective 100 St. Paul - Macalester-Groveland

113 Pirtek Building 2161 University Avenue West St. Paul MN 55114 Prospective 140 St. Paul - St.Anthony

114 Highway 13 Phase II 2180 Hwy 13 Mendota Heights MN 55120 Prospective 69 Mendota

115 Edison 2737 Lexington Avenue North Roseville MN 55113 Prospective 100 Roseville

116 38th Street Station 3752 Hiawatha Avenue Minneapolis MN 55406 Prospective 164 Minneapolis - Powderhorn

117 West Broadway Curve Redevelopment 1920 West Broadway Avenue Minneapolis MN 55411 Prospective 52 Minneapolis - Near North

118 Glendale Townhomes Redevelopment 2709 Essex Street SE Minneapolis MN 55414 Prospective 550 Minneapolis - University

119 Cedar Point II NEC 16th Avenue South & East 65th Street Richfield MN 55423 Prospective 230 Richfield

120 Chamberlain East 67th Street & Cedar Avenue South Richfield MN 55423 Prospective 316 Richfield

121 49 1/2 Street Mixed-Use Redevelopment West 49th 1/2 Street & France Avenue South Edina MN 55424 Prospective 110 Edina/Eden Prairie

122 4916 France 4916 France Avenue South Edina MN 55410 Prospective 110 Edina/Eden Prairie123 Excelsior Blvd & Monterey Drive 3743 Monterey Drive St. Louis Park MN 55416 Prospective 148 St. Louis Park124 700 Emerald Street 700 Emerald Street SE St. Paul MN 55114 Prospective 620 St. Paul - Lexington Hamline

125 Commerce Park 7th Avenue East & Century Avenue North St. Paul MN 55109 Prospective 286 Oakdale - North

TOTAL PROSPECTIVE 18,685

TOTAL MINNEAPOLIS URBAN 28,809

Minneapolis Urban New Construction & Proposed Multifamily Projects

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