Search
 

Historic 15 Building Comes to Life

MINNEAPOLIS—The north edge of downtown has the right mixture of tech firms, incubators, retailers, and strong demographics to attract a critical mass of start-up firms.

By Brian J. Rogal | Updated on November 12, 2015

MINNEAPOLIS—Even some of the nation’s most vibrant CBDs still have older structures that developers can transform into creative office spaces. That’s the goal R2 Cos. has set for itself in Minneapolis, where the Chicago-based firm and its partner Goldman Sachs have already transformed the outward appearance of the historic 15 Building and now plan to revive its interior.  

Until 2014, the 12-story building located at 15 S. Fifth St. was owned by a local investor, and “it had not been updated in an aeshetic way in quite some time,” Erik Ordway, a senior associate with Cushman & Wakefield

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

Nominate a Net Lease Expert

Nominate a Net Lease Expert

Ingrid Tunberg |

Do you know a professional and/or company that has helped shape the net lease sector? Submit a candidate for GlobeSt.'s Influencers in Net Lease recognition before May 29!

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.