Galloway and Collens, PLLC
We are here for you during the COVID-19 emergency.
Please call 248-284-1990 to reach our receptionist or fill out the contact page of our website and we will be in touch.

Site for bank slated to become new apartment building

For people in Michigan, we're used to city skylines changing. We're used to seeing buildings go up only to be torn down decades later to become something new. And with space at a premium in most major cities, re-using existing space has become the new poster child for the motto: reduce, reuse, recycle.

But it's not just businesses in Michigan that are getting in on this trend. It would seem our Midwest neighbors in Minnesota are getting in onboard too. According to city officials in Minneapolis, a historic 1900s style building, that once boasted First National Bank as one of its tenants, is now slated to become the site of new luxury apartments.

The project is said to be the first significant luxury apartment complex developed in Minneapolis' central business district in nearly 25 years. Our own Michigan-based firm Village Green has signed on to help bring this multimillion dollar project to life.

According to the chairman and CEO for Village Green, the renovations on the building have already begun and will last approximately one year. When completed, the new commercial property will have 254 units, a three-story lobby featuring a floating glass staircase, outdoor dining and a year-round roof-top indoor/outdoor Sky Club and Sky Park for entertainment and recreation.

In approximately six months the new apartment owners will begin leasing units that will range from studios to penthouses.

It's worth noting that it was important to the city to keep the original façade relatively untouched, some pointing out that the building was originally built for use by the railroad which was an essential part of Minnesota's history.

Source: the Star Tribune, "Ground 'broken' for Soo Line apartments," Janet Moore, Oct. 11, 2012

No Comments

Leave a comment
Comment Information
  • Sterling
  • dbusiness - Top Lawyers
  • SuperLawyers 2019
  • Rainbow Image
  • Senior & Caregiver
  • ICLE Contributor
Email Us For A Response

Contact Our Metro Detroit Attorneys

Our law firm is ready to help. Contact the real estate and estate planning attorneys at Galloway and Collens, PLLC, by calling 248-284-1990.

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

This site uses Google's Invisible reCAPTCHA, which is subject to Google's Privacy Policy and Terms of Use.

26075 Woodward Avenue Suite 200 Huntington Woods, MI 48070-1341 Phone: 248-284-1990 Fax: 248-545-2520 Huntington Woods Law Office Map