Minneapolis-St. Paul Chart of the Week | September 26,2016
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Minneapolis–St. Paul Speculative office development is occurring on the peripherals of the CBD core Chart of the week: September 26, 2016 Sources: JLL Research • Of all the speculative development occurring in the Minneapolis CBD, 4 out of 4 projects are occurring outside the traditional downtown zone. And unlike the skyscrapers that dot Nicollet Mall, these new projects range from 3 to 7 stories tall, reflecting the shifting demands of office tenants. Increasingly, unique customizable space is trumping the standard offerings found in steel and glass high-rise buildings. Traditional CBD Core North Loop & Warehouse District Downtown East T3 206,166 s.f. Delivered Q3 2016 Maytag Building 25,000 s.f. under renovation Former hardware store Expected Q1 2017 The Washington 52,500 s.f. under renovation Former adult store Expected Q2 2017 Millwright Building 172,000 s.f. under construction Expected Q2 2017
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Transcript of Minneapolis-St. Paul Chart of the Week | September 26,2016
Minneapolis–St. Paul
Speculative office development is occurring on the peripherals of the CBD core
Chart of the week: September 26, 2016
Sources: JLL Research
• Of all the speculative development occurring in the Minneapolis CBD, 4 out of 4 projects are occurring outside the traditional downtown zone. And unlike the skyscrapers that dot Nicollet Mall, these new projects range from 3 to 7 stories tall, reflecting the shifting demands of office tenants. Increasingly, unique customizable space is trumping the standard offerings found in steel and glass high-rise buildings.
Traditional CBD Core
North Loop & Warehouse District
Downtown East
T3206,166 s.f.
Delivered Q3 2016
Maytag Building25,000 s.f. under renovation
Former hardware storeExpected Q1 2017
The Washington52,500 s.f. under renovation
Former adult storeExpected Q2 2017
Millwright Building172,000 s.f. under construction
Expected Q2 2017
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