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
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