Authority says stadium excavation hits halfway point

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Demolition of the Metrodome is on track despite cold weather. Little above-ground structure remains; crews still have to demolish and remove underground stadium infrastructure, including tunnels and foundations.
Demolition of the Metrodome is on track despite cold weather. Little above-ground structure remains; crews still have to demolish and remove underground stadium infrastructure, including tunnels and foundations.

According to Finance & Commerce, the Minnesota Sports Facilities Authority said Wednesday that excavation for the new Minnesota Vikings stadium is nearly 50 percent complete, and demolition of the Metrodome is on track for completion in April.

As of this week, crews have trucked off 400,000 cubic yards of dirt from the site near the half-demolished Metrodome in downtown Minneapolis. In all, about 850,000 cubic yards of dirt will be removed.

Meanwhile, workers have installed about 15 percent of the 300 drilled piers needed for the new stadium, and have poured 3 percent of the estimated 100,000 cubic yards of concrete, according to the authority.

A third tower crane is expected to rise in April.

Michele Kelm-Helgen, chair of the authority, said the project is advancing “according to plan.”

“Demolition of the Metrodome will be substantially complete by the end of… Read More >>

City staff recommends Ryan for air rights above ramp

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This image shows the location of Ryan’s proposed apartment tower at 728 S. Fourth St. in Minneapolis. The building would be adjacent to the new Minnesota Vikings stadium (right) and Ryan’s $420 million Downtown East mixed-used project (left-center).
This image shows the location of Ryan’s proposed apartment tower at 728 S. Fourth St. in Minneapolis. The building would be adjacent to the new Minnesota Vikings stadium (right) and Ryan’s $420 million Downtown East mixed-used project (left-center).

Finance & Commerce reports that in the battle to develop the airspace atop a downtown Minneapolis parking ramp, the city’s planning staff is so far siding with Minneapolis-based Ryan Cos. US Inc.

The city’s Community Planning and Economic Development department released a report at noon Friday endorsing Ryan, one of two developers vying for rights to build at 728 S. Fourth St. Among the reasons: Ryan was willing to pay more.

Ryan offered the city a $5.65 million net purchase price for the rights, according to the report. That figure doesn’t include $2 million that the developer said it would pay to modify the planned 1,600-space parking ramp.

The project site is immediately northwest of the new Minnesota Vikings stadium and adjacent to Ryan’s sprawling $420 millionDowntown East mixed-use development, which will include about 1.1 million square feet of office space to be owned by Wells Fargo & Co.

Ryan’s proposal for the air rights is a 27-story tower with 200 apartments and a 150… Read More>>

Hotel touted for Downtown East ‘air space’

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The McClellan Block at the northwest corner of Chicago Avenue and Fourth Street is kitty corner from the site of the new Minnesota Vikings stadium and is across the street from the Downtown East light rail transit station.
The McClellan Block at the northwest corner of Chicago Avenue and Fourth Street is kitty corner from the site of the new Minnesota Vikings stadium and is across the street from the Downtown East light rail transit station.

Finance & Commerce reports that as the city of Minneapolis looks to redevelop a block sandwiched between the $420 million Downtown East mixed-use development and the new Minnesota Vikings stadium, market watchers and brokers alike say the site may be best suited for use as a hotel.

Minneapolis is seeking proposals to develop the air space above a parking ramp on the site within the Downtown Eastredevelopment as well as a street-level parcel attached to the ramp.

The block — sometimes referred to as the McClellan block — is at the northwest corner of Chicago Avenue and Fourth Street South, kitty corner from the Vikings stadium and a block east of two office towers planned by Minneapolis-based Ryan Cos. US Inc.

The McClellan block is made up of six parcels totaling 2.46 acres and valued at… Read More >>