MAJOR CHANGE FOR PROPOSED DOWNTOWN TOWER

The Gateway Project has had another design revision, this time removing the hotel and residential components entirely.

United Properties has submitted new documents to the City of Minneapolis now showing a entirely commercial project. The revised plans show a 30 story 458’ building with the overall exterior design remaining largely unchanged.

Three levels of underground parking would include 500 spaces with an entrance off of S 3rd Street. The first two levels above ground would be devoted to 23,000 sqf of retail/restaurant space, some of that space being devoted to a bank branch for RBC. In addition, the lower two levels would also include 14,000 sqf of conference space, a 5,000 sqf fitness center, along with a lobby for the office space within the upper floors of the project.

The office part is where we are seeing a huge change from previous proposals. Now totaling 28 stories in height and 790,000 square feet in space the total office space within the project has nearly doubled. RBC would still occupy 310,000 sqf of office space, remaining the anchor tenant for the building.

Other details about the project include skyway access (potentially in two places) and also a public plaza located at the corner of Nicollet Mall and S Washington Avenue. That plaza would be built so that in the future it could accommodate a streetcar line passing through if the city decides to moves forward with the streetcar line.

United Properties will be responsible for the development of the overall project while Smallwood, Reynolds, Stewart, Stewart & Associates out of Atlanta, Georgia is responsible for the design.

Construction is expected to begin in 2019 with a completion in 2021.