10.11.05

mpls: riverfront boom continues

Again, this piece from the Downtown Journal:

Developers are eager to lay claim to the land parcel just east of the new Guthrie Theater - a 200,000-square-foot, city-owned parking lot between North 2nd Street, West River Parkway and 11th Avenue South.

Because of the interest, the city, neighborhood representatives and Guthrie officials are discussing appropriate uses for the parcel, said Anne Calvert, principal project coordinator for Minneapolis' Department of Community Planning and Economic Development (CPED). After discussion, the city will ask developers to propose projects for the site.

The city acquired the parcel in three separate land acquisitions in the late 1980s and early 1990s, Calvert said. The site has been the focus of development talk before - as a potential Twins stadium site and, more recently, as part of the Guthrie project, until the theater complex was scaled back to a more vertical, two-block design, said Calvert.


I'm blown away when I read that the Guthrie project was "scaled back." WFT? It's a 10-story mega theater factory!

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