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JLL Minneapolis-St. Paul Chart of the Week | October 31, 2016

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This fall, T3 was the first speculative office development to deliver in Minneapolis since the Recession. What will break ground next? United Properties, Schafer Richardson, Hines, Swervo and CPM Cos. all have proposed developments in the North Loop. It’s only a matter of time until one lands a cornerstone tenant and construction begins again.

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JLL Minneapolis-St. Paul Chart of the Week | October 31, 2016

  1. 1. Minneapolis–St. Paul Who will build the next office development in the North Loop? Chart of the week: October 31, 2016 Sources: JLL Research • This fall, T3 was the first speculative office development to deliver in Minneapolis since the Recession. What will break ground next? United Properties, Schafer Richardson, Hines, Swervo and CPM Cos. all have proposed developments in the North Loop. It’s only a matter of time until one lands a cornerstone tenant and construction begins again. Swervo/CPM 200,000 s.f. Internet Exchange parking lot United Properties 200,000 s.f. 700 block of Washington Schafer Richardson 200,000 s.f. Weather-Rite site United Properties 240,000 s.f. N 5th Ave & N 5th St Hines up to 500,000 s.f. 350 N 5th St Proposed Development Sites

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