Sons of Norway has reached an agreement with Ryan Companies US, Inc. and Weidner Apartment Homes for the sale and redevelopment of a land parcel in South Minneapolis. The parcel is located on Lake Street between Holmes and Humboldt avenues and is in the heart of the city’s Uptown neighborhood.
Considered to be a marquee location, this property has been home to the International Headquarters of Sons of Norway since 1962. Once complete, the Sons of Norway plans to continue business operations on the site, including its financial services and international cultural organization.
Ryan Companies will develop, design and construct the project.
“We have been in dialogue with Sons of Norway for quite some time and we feel that the location provides an incredible opportunity. We are thrilled to be partnered with Sons of Norway and Weidner in re-visioning this great site,” said Tony Barranco, vice president of real estate development for Ryan Companies, in a written statement.