Minneapolis achieved a construction milestone in 2014, when for the first time it issued $2 billion in new building permits in a single year.
The Star Tribune reports that two major projects—a new stadium for the Minnesota Vikings NFL team and the city’s Downtown East redevelopment—accounted for about half of the total worth of the permits issued. About one third of the total permits issued were for more than 2,000 housing units, the vast majority of which will be multifamily dwellings.
More than 65% of the new permits were issued for projects in Minneapolis’s Ward 3, which encompasses the North Loop, Downtown East, the downtown riverfront, and northeast Minneapolis.
Doug Kress, the city’s director of development services, told the Star Tribune that the stadium project has sparked development in the surrounding areas. “There’s a lot of growth in Minneapolis in both downtown and our neighborhoods,” he’s quoted as saying. (Minneapolis ranks 16th as a metropolitan region in population in the U.S., with 3.42 million residents.)
This metro is looking for permit growth to continue in 2015. The Star Tribune reports that at least 10 projects around the city have received land-use approval. And portions of the Vikings stadium and Downtown East projects have yet to be permitted.
Mayor Betsy Hodges believes the permitting activity is evidence of a vote of confidence that investors, workers, business owners, and residents are giving to the city’s future. “I look forward to building on this momentum as we continue to attract new residences, businesses, and investment,” she told the Star Tribune.
Related Stories
Architects | Sep 21, 2016
DLR Group broadens its practice range and market penetration with addition of Westlake Reed Leskosky
The merger, say company officials, creates “a global design leader” in a consolidating industry.
Architects | Sep 21, 2016
Design for the transition from thinking to creating
While heads-down work continues, the changing nature of learning and work has resulted in a shift toward frequent and spontaneous exchanges.
Codes and Standards | Sep 21, 2016
Healthy buildings becoming a key design priority for both architects and building owners
Nationwide survey finds nearly three of four architects cite health impacts influencing design decisions
Cultural Facilities | Sep 19, 2016
International competition recognizes insect-inspired design for Moscow Circus School
The proposal would make the school’s activities more transparent to the public.
Architects | Sep 19, 2016
A workplace designed for the innovation economy
Over the past 100 years, how we work has changed dramatically, and these changes have impacted workplace design.
Architects | Sep 16, 2016
Former architect now builds architectural wonders out of LEGO blocks
Adam Reed Tucker’s creations are currently on display at the Museum of Science and Industry.
Architects | Sep 15, 2016
Implicit bias: How the unconscious mind drives business decisions
Companies are tapping into the latest research in psychology and sociology to advance their diversity and inclusion efforts when it comes to hiring, promoting, compensation, and high-performance teaming, writes BD+C's David Barista.
Museums | Sep 14, 2016
Architectural model museum opens in Japan
The museum includes models from Japanese architects including Shingeru Ban, Kengo Kuma, and Riken Yamamoto.
Designers | Sep 13, 2016
5 trends propelling a new era of food halls
Food halls have not only become an economical solution for restauranteurs and chefs experiencing skyrocketing retail prices and rents in large cities, but they also tap into our increased interest in gourmet locally sourced food, writes Gensler's Toshi Kasai.
AEC Tech | Sep 6, 2016
Innovation intervention: How AEC firms are driving growth through R&D programs
AEC firms are taking a page from the tech industry, by infusing a deep commitment to innovation and disruption into their cultural DNA.
