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SPECIAL FOCUS: <br /> COMMERCIAL REAL ESTATE. <br /> 701 Building <br /> 410 Ryan Companies U.S., Inc, in and Robert streets, will incor- <br /> 0 ce Minneapolis. It will include porate some 3,000 units of <br /> r- 1.4 million square feet of resi- housing with shops, movie <br /> leganCe dential, retail, hotel, and office theaters, a spa, a hotel, and <br /> r _i 9, i space on the site of a former educational and entertainment <br /> 1;'+; Sears building. Allina Health venues. The St. Paul-based <br /> . ■ i t I, '1' System has already signed on JLT Group Inc.,an investment <br /> for office space. Sheraton and development firm, hopes <br /> t. , 4 ' ' I'' Hotels and Resorts is planning to begin construction in 2005. <br /> $ 3 3 3 a ' l a hotel, which will be connect- • <br /> The Lofts at International <br /> r i ?1 1`=i " ed by walkways to Abbott Market Square project in <br /> t I Li Northwestern Hospital. In Minneapolis will involve con- <br /> addition to market-rate apart- verting eight floors of Intern- <br /> 13i l4 f menu and condominiums, the tional Market Square's north <br /> ( } �! j development will include building into 97 residential <br /> f ' affordable housing developed lofts and constructing a three- <br /> l _ g <br /> by Minneapolis-based Project level parking garage. The first <br /> C <br /> F-l;- � <br /> for Pride in Living, as well as two floors of the building will <br /> : 4 ■I 80,000 square feet of space for continue to house portions of <br /> S074 111 j I i ethnically diverse retail—a the Minneapolis Design Cen- <br /> sort of indoor farmers'market. ter, which includes nearly 150 <br /> �hco comp ,. M , „ • The Dean Lakes develop- residential and commercial <br /> '44 sk <br /> ' S ment at the intersection of <br /> Highway 169 and County <br /> j i Road 83 in Shakopee will coy- ^- r <br /> s I"r �l R�••{{ er 276 acres and include office <br /> 4 r�s#srF and showroom space, residen- <br /> RN 11111111111 tial development, and space 1 . <br /> p ■ ■ for small retail shops. City <br /> c <br /> is., <br /> ,? 1111 111111 P y <br /> $ g fin j approvals are complete; Ryan .. <br /> .4. ft• a• •t - , Companies, the developer, 4i :. <br /> lab ,1 <br /> �, � ,-1- sy began grading the site in April. �� "1°" <br /> t i 11 - Ryland = 1 <br /> yland Homes broke ground j <br /> for housing in August. Devel- <br /> opment of the retail compo- <br /> nent <br /> 5 <br /> nent will begin this month. <br /> • The Lyndale Green pro- <br /> , ject will involve transforming <br /> • ; 13 acres along Lyndale Av- :it <br /> , <br /> •t " r"_1 � enue in Bloomington. The <br /> inpiN <br /> proposed regeneration will Whitney Peyton <br /> include a new Cub Foods <br /> store, neighborhood-oriented furnishing showrooms. $ <br /> retail shops, a 95-unit senior <br /> Colliers Turley Martin ''4 <br /> "ta._ '�• p cooperative, and 46 town- Tucker, which is headquar- <br /> a homes. United Properties, a tered in St. Louis but has a 3.1 <br /> Bloomington-based real estate Minneapolis office, is spear <br /> development company, has heading the development <br /> d t' a y b begun construct on of the gro- Construction is expected to ' t <br /> cery store and will build space begin this month. <br /> sal ■ 1 for other retailers starting this • Master Development • <br /> fall. Residential construction Services, a Minneapolis-based <br /> will start in the spring of 2005. development, engineering, and <br /> • The Bridges of St. Paul, construction firm, is behind it <br /> located near downtown St. four m xed-use projects in that <br /> ally managed by Colonnade Properties Paul on the south side of city: Hiawatha Square, located <br /> the river between Wabasha on 28th Avenue South. inst <br />