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MinnesotaMultifamily

Ryan Companies celebrates topping out of 25-story high-rise in Minneapolis

June 2, 2023
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Fourth & Park is now less than a year away from being move-in ready. Ryan Companies US, Inc. and Weidner Apartment Homes recently celebrated the topping out of the 25-story apartment building located just one block west of U.S. Bank Stadium in downtown Minneapolis. A tree was hoisted to the top of the building to commemorate the milestone.

Fourth & Park is being built in partnership with Weidner. The 265,000-square-foot building will have 350 apartments, 100 parking stalls, a sixth-floor green roof and a rooftop pool deck and community room. There will also be electric vehicle charging stations, a car share program, and an array of public transportation options including the LRT. Ryan is the developer and builder, and Ryan A+E Inc., the design studio of Ryan, is the architect of record.

Downtown East is a five-block redevelopment project that started in 2014. Ryan partnered with the City of Minneapolis, Minnesota Sports Facilities Authority, Star Tribune and Wells Fargo to redevelop this neighborhood. The $708 million project includes 1.2 million square feet of office space in two 17-story Wells Fargo towers, a 200-unit mid-rise residential complex, a multi-tenant office building, a 4.2-acre public greenspace, hotel, parking ramp, sky ways, and the new Fourth & Park apartment tower.

The Downtown East project revived an area filled with surface parking lots into a thriving neighborhood within the city that is not only a destination, but also bridges the central business district to the vibrant Mill District neighborhood. The Downtown East project won an AIA Minneapolis Merit Award in 2021.

This is Ryan and Weidner’s third project as partners in the Twin Cities. The first is Daymark  Uptown – a 318-unit apartment project that included the Sons of Norway headquarters and Yoga Fit– which opened in Fall 2020. The second project is The Collection at Highland Bridge – a six-level, mixed-use building featuring 230 apartments and Lunds & Byerlys as the anchor retail tenant – which opened in summer 2022

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