Stay Curious. Stay Connected.
MailNewsletters♡Donate Now
Sign up
*
Password must be at least 8 characters and contain one uppercase letter, one lowercase letter, one number and one symbol
Already have an account?
Sign in to your profile
Forgot Password?
New to MPR News?
Welcome back
to news
for you
Reset Password

Enter the username on file and we'll send you a code to reset your password.

Still require assistance or not sure what your User Name is?
Welcome back
to news
for you
Email Verification

A verification code has been emailed to

Still awaiting the code?
Stadium Watch Blog
Tim Nelson

Downtown East gets planning approval in Minneapolis

Ryan Cos. says this is what the Minneapolis skyline will look like, as it runs along 5th and 6th streets downtown. (Ryan Cos. rendering)

Go Deeper.

Create an account or log in to save stories.

Like this?

Thanks for liking this story! We have added it to a list of your favorite stories.

Skyline-2
Ryan Cos. says this is what the Minneapolis skyline will look like, as it runs along 5th and 6th streets downtown. (Ryan Cos. rendering)

The Strib's Janet Moore says the mega-development planned for the paper's real estate has won approval from the city's Planning Commission.

The $400 million project calls for a pair of 17-story office towers, including more than a million square feet of office space, more than 1,500 parking stalls, 200 residential units and ground-level space for stores, restaurants or other businesses. The deal also includes a two-block park straddling Portland Avenue, joined with the stadium plaza the Minnesota Sports Facilities Authority just bought for $17.1 million.

And while the city has celebrated the project, it has sparked controversy. The Strib says likely tenant Wells Fargo has proposed giant rooftop signs, presumably to be seen from blimps flying over NFL games (and possibly a 2018 Super Bowl). The signs wouldn't be visible from the street, but could cut into the value of the naming rights on the nearby Vikings stadium if a prospective sponsor was a Wells Fargo competitor.

KARE 11 had a story last night that said sports business watchers think US Bank is a front runner.

Here's a look at what that flight over the site might look a little like:

Ryan Cos. executive Rick Collins said earlier this year that he expected the land sale to close at the end of December. The project still has to win approval by the full Minneapolis council.