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2017 by the Numbers: Minneapolis



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2017 by the Numbers: Minneapolis
Minneapolis is projected to have a record 2017! And you thought 2016 was a great year.

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2017 by the Numbers: Minneapolis

  1. 1. 22%annual rental rate increase in the North Loop and Warehouse District #1fastest-growing region for tech jobs in the U.S. 20%North Loop and Warehouse District office that is occupied by tech tenants 1.9million the largest employment count in the metro’s history 430,500square feet of speculative office under construction 2,000new multifamily units under construction $479billion collective revenue from the metro’s Fortune 500 headquarters $50million Nicollet Mall renovation to be complete by year end 17,250 2,000hotel rooms in the CBD pipeline forecasted job growth by year end annual rental rate increase in the Minneapolis CBD5% square feet of industrial real estate under construction 1million #23 New York Times’ Best Places to Go in 2017 $100million estimated economic impact from the 2017 X Games 2017NUMBERS BY THE MINNEAPOLIS ©2017 Jones Lang LaSalle IP, Inc. All rights reserved. All information contained herein is from sources deemed reliable; however, no representation or warranty is made to the accuracy thereof. JLL 45 South Seventh Street Suite 3051 Minneapolis Minnesota 55402 P +1 612 217 5150 |