Archive | Development

Parcels adjacent to the Kmart lot

Another Kmart, Another Controversy – Part 1

Another Kmart has closed. This one leaves behind an 11.5 acre site just outside downtown Rochester. The property was sold for $7M back in January, before Kmart had even closed. The parcel itself is weird, the current plan is disappointing, and the public process for such a large site in the supposed Destination Medical Center […]

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Rent in San Francisco is $4,314; in Minneapolis, it’s $1,615

I recently reviewed a commercial real estate report from the first half of this year. Takeaway: Vacancy is steady at around 7 to 8 percent. The report got me thinking about home prices and rental rates across the country and what the humble dollar gets you in different cities. Check out all the Zillow data […]

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Rebuttal to a Rebuttal: Let’s Talk Functional Density

Carol Becker is right about one thing in her September 18 opinion piece in the StarTribune (“Let’s Talk About What Density Really Is“): Having 150- to 250-unit apartment buildings spaced a half mile apart or more, with little in between, is not functional density. That’s it, though; the rest of the opinion piece is, well, […]

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Bloomington’s Comprehensive Plan: Forward 2040

Bloomington’s 2040 Plan, titled “Forward 2040” was officially adopted by the city on Aug 5, 2019. Unlike in Minneapolis, it passed with little notice and little controversy. Here are a few points that caught my attention. Housing and Diversity Although the need for more high density housing is acknowledged like in the Minneapolis plan, here […]

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Downtown Apartment Areas Deserve Better Bus Service

Thousands of new apartments have been built on the fringes of downtown Minneapolis in the North Loop, the Guthrie Theatre area (Downtown East) and across the river in Old St. Anthony. These new residents ought to be prime candidates for bus service, but Metro Transit has made no service changes or improvements to try and […]

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What About Traffic and Parking

I think we can all mainly agree that the things that, correctly, cause us the most concern in the world are traffic and parking. Sure, there are other things that are minor issues (little things like war and human suffering), but none really give rise to the same level of existential dread as having to […]

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National Links: Ways to Experience a City

Every day at The Overhead Wire we collect news about cities and send the links to our email list.  At the end of the week we take some of the most popular stories and post them to Greater Greater Washington, a group blog similar to streets.mn that focuses on urban issues in the DC region. […]

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Iron Clad Mixed-Use Development Opening “Mid-June”

Iron Clad broke ground on October 23, 2017, and now nearly 18 months later, the project is close to completion. According to a leasing spokesperson, the 166 market-rate apartments and 153-key hotel will be opening in “mid-June” with retail opening up later. As of April 15, the development has no signed leases for retail space. […]

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Ritzy Rafter Apartments in CenHen Opening August 1st

The new Rafter development will likely be one of the last large apartment buildings finished in Minneapolis before inclusionary zoning requires new construction to include affordable apartments. Pricing is out for units ranging from a 442 square-foot studio for $1,270 ($2.87 per square-foot) to a 2733square-foot 3-bed for $9,970 ($3.65 per square-foot). In other words, if they don’t […]

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Another Surface Parking Lot Bites the Dust

This morning, the North Loop was awoken by the sweet sound of pile driving as the Archive project started construction on a surface parking lot near the Federal Reserve Bank of Minneapolis. The surface parking lot is one of the last in the area, with several being redeveloped in the last ten years into mixed-use […]

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