In a veritable bacchanalia of developments, we have seen three major inter-related activities in Minneapolis’s Downtown East:
The Ryan proposal for redeveloping the Star Tribune site is the best of the bunch, and their renderings are also much nicer. The “Yard”, as the park on the site has been dubbed, does a few good things.
- It takes developable land off the market. This makes the remaining land more valuable.
- It provides an amenity for the remaining parcels. One of the beautiful things about parks from a city planning perspective is that no one demands a Benefit/Cost analysis on parks, since the benefits are thought to intangible. In fact they are capitalized in land values.
- It replaces surface parking lots.
- It creates a mall or Central Park for the neighborhood, mall-like in that it one end is dominated by a large structure. In this case it is a Vikings Stadium rather than the US Capitol Building. The idea is the same, we pay taxes to the occupants of the respective buildings.
- It creates redevelopment opportunities for the Armory building (farmer’s market, rec center, museum, etc.)
- It creates valuable redevelopment opportunities for the Morgue, the Juvenile Detention Center, and the Hennepin County Public Safety Facility (and the Stadium in 20 years). These should enrich public coffers.
- It puts “tailgating” to rest, unless they allow tailgating inside parking ramps. Football fans will have to picnic instead.
It also does some problematic things
- It closes Park Avenue.
- It closes Portland Avenue.
- It builds a new parking ramp at Park and 5th. To be fair, this is because of the Stadium. And the location, adjacent to the stadium, HCMC, and the JDC is hardly a pedestrian paradise now or in the future anyway. Hopefully they can do something with the ground floor to keep it active, as it is adjacent to an LRT. It is also well placed given it has almost immediate on and off-ramp access to I-94 to the East. I think it would be better to put the parking ramp under “The Yard”, but I realize subterranean construction is costly.
- It makes the LRT station look like a scar on the landscape. If they eventually split the Blue and Green lines (not yet in anyone’s plans, but necessary if there is demand to increase service frequencies on either line), or put them below grade, this scar will go away. That is many years away.
I think it nets out as a good thing given the existence of a large stadium at one end. Closing Park and Portland are far more feasible than closing 4th St or 5th St. It reduces some vehicular access to the Mill District from the South (and Eliot Park from the North), and goes against the aim for better connectivity. On the other hand, reduced connectivity will reduce total vehicular travel (which is a good thing from an environmental perspective, and a bad thing from an economic activity perspective). Some have suggested that they just be closed part time, e.g. during events, and be shared space the remainder of the time. Others have suggested they stay closed, just like in Central Park. Nevertheless, the effects here will be relatively small.
The issue of “Wells Fargo” as a tenant is interesting. Presumably this is just a consolidation for them, as they already have facilities in town, so would just create vacancies elsewhere. Good for downtown, bad for the owners of the older space elsewhere. A win for the city would steal business from another city (which is still just a transfer). A win for society would be the growth of new business. Also there is a certain irony in that this would be the mortgage division, which got into trouble in the last building boom by over-financing new construction.
Well aside from not liking the idea of the Stadium, and its location in downtown being a strategic error on the part of the city and state’s political leadership, it could be worse. I am not as pessimistic on it as Nate. This is an improvement over the Metrodome from an aesthetic perspective. The glass facing West and South will be iconic, though a bit starchitecture-like. That it turns its back to the North and East makes sense given the land uses in place there (a freeway entrance ramp and LRT tracks). Yes it forecloses the opportunity to do something better there, but that wouldn’t be happening anyway, this is Minneapolis not Manhattan and there is just not the demand now (or for the next 20 years) to do something with good urban design in these forgotten marginal spaces, there are still too many better sites. Yes I would like more glass and less wall, but I am sure that costs money. Like the Saints Stadium in St. Paul, it is wedged into a corner backing onto the transportation network and fronting the city, that they don’t do anything with the back is no great loss.