United Properties breaks ground on 385,000-square-foot mixed-use development in Minneapolis
Located at 729 Washington Ave. North, the 10-story building will be home to office, residential and retail tenants by January of 2019. This will be United Properties’ fifth North Loop project, and is the largest project yet to be undertaken by the company in the North Loop.
Digital marketing and analytics agency Ovative/group has signed a lease for 30,000 square feet, and will be the initial anchor tenant at The Nordic. The firm will relocate from a smaller space in the nearby Loose-Wiles building, also owned by United Properties.
The Nordic-inspired, modern warehouse-style building is designed to be the living room and backyard of the North Loop. In addition to office space, the development will contain 57 apartments, an underground and seven-level elevated parking garage with more than 400 spaces and ground-level retail. Outside, The Nordic will feature an active public plaza fronting Washington Avenue, intended for outdoor seating, lawn games, winter ice curling and space for food truck service.
A grant from the Metropolitan Council is helping to underwrite the costs of soil remediation on this former industrial site.
Project partners include RJM Construction, Hartman Cox, a nationally renowned architect and lead architect for the project, LHB Architects providing the design for the residential and parking components as well as local support for the overall project, and Greco as the residential marketing agent and partner.