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
Giants 400 | Sep 17, 2015
CONVENTION CENTER SECTOR GIANTS: Gensler, AECOM, Turner top rankings of nation's largest convention/events sector AEC firms
BD+C's rankings of the nation's largest convention/events sector design and construction firms, as reported in the 2015 Giants 300 Report.
Giants 400 | Sep 17, 2015
AIRPORT SECTOR GIANTS: KPF, Hensel Phelps, Jacobs top rankings of nation's largest airport terminal sector AEC firms
BD+C's rankings of the nation's largest airport terminal sector design and construction firms, as reported in the 2015 Giants 300 Report.
Museums | Sep 16, 2015
First look: Diller Scofidio + Renfro's The Broad museum in Los Angeles
LA's newest art museum combines gallery space and collection storage based around two design concepts: the veil and the vault.
Giants 400 | Sep 15, 2015
HOTEL SECTOR GIANTS: Gensler, AECOM, Turner among nation's largest hotel sector AEC firms
BD+C's rankings of the nation's largest hotel sector design and construction firms, as reported in the 2015 Giants 300 Report.
BIM and Information Technology | Sep 14, 2015
Is Apple's new iPad Pro a game changer for architects?
A stylus, split screen, and improved graphics make designing on the tablet easier.
Education Facilities | Sep 14, 2015
Gehry unveils plan for Children's Institute, Inc. campus in LA
The new facility, which will have rooms for counseling, afterschool activities, and youth programs, will allow CII to expand its services to 5,000 local children and families.
Architects | Sep 11, 2015
Haeahn Architecture wins design competition for Seoul work and press center
Building will have low roofs, open courtyard, and media facilities
Giants 400 | Sep 10, 2015
INDUSTRIAL SECTOR GIANTS: Stantec, Turner, Jacobs among top industrial AEC firms
BD+C's rankings of the nation's largest industrial sector design and construction firms, as reported in the 2015 Giants 300 Report
Giants 400 | Sep 10, 2015
MILITARY SECTOR GIANTS: Clark Group, HDR, Fluor top rankings of nation's largest military sector AEC firms
BD+C's rankings of the nation's largest military sector design and construction firms, as reported in the 2015 Giants 300 Report
Museums | Sep 9, 2015
Bauhaus Museum Dessau names two design winners
The German museum chose one sleek, no-nonsense concept and one colorful, complex entry.