Project Profile | 222 Hennepin, Co-developed by Ryan Companies and the Excelsior Group

February 20, 2013 at 9:25 am

222 HennepinA year after Ryan Companies, The Excelsior Group and an Invesco affiliate acquired the former “Jaguar site” at the corner of Hennepin and Washington Avenues, construction of 222 Hennepin is nearing completion, and the project is scheduled to open this summer.

The 580,000 sq. ft. mixed-use project features a Whole Foods Market – downtown Minneapolis’ first – and 286 upscale apartments. It was designed around a 300-stall parking ramp in the center of the site, an achievement that saved more than 20 million pounds of concrete and one million pounds of rebar, and that put the project on a fast track towards a LEED Silver Certification. Whole Foods customers and apartment residents will have separate and dedicated parking.

With views of the Mississippi River, downtown Minneapolis skyline and North Loop attractions, the apartment rooftop courtyard will 222 Hennepin rooftopserve as the centerpiece for the facilities’ amenities, which include an outdoor pool, fireplace, Jag club room, fitness club, yoga studio, dog walk area and Skyline Café.

The joint venture acquired the property in February 2012. The property had been blighted for four years, and for the previous nine months, the project team worked with the City and the North Loop Neighborhood to design the signature project the site deserved.  222 Hennepin is being co-developed by Ryan Companies and The Excelsior Group.

Entry filed under: Project Profiles.

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