Construction begins on luxury high-rise apartments in Loring Park

11:10 PM, Oct 25, 2012   |    comments
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MINNEAPOLIS - Construction is under way on a new luxury apartment town in the Loring Park Neighborhood of Minneapolis.

Chicago-based Magellan Development Group started construction for the 36-story mixed-use high-rise located at 1369 Spruce Place on Thursday.

The building will include residential apartments, retail space and on-site parking. It will contain 354 rental apartments, including studios and one- to three-bedroom residences.

The walk-to-work location is steps from the city's renowned Theater District, Orchestra Hall, Walker Art Museum and Minneapolis Sculpture Garden, Minneapolis Convention Center, dining, shopping and boutiques.

The property will feature more than 41,000-square-feet of indoor and outdoor amenities.

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