In downtown's Northstar Center, a plan emerges for turning offices into homes
Posted by Mike Seebinger onThe owner of the Northstar Center in downtown Minneapolis is seeking investors to convert part of the aged office property into a 266-unit apartment tower. An affiliate of Triple Net Properties, based in California, hired BKV Architects to draw up a vision for the 313,000 square-foot east building of the three-building Northstar complex. It hired the Minneapolis-St. Paul office of Colliers International to market the plan to developers. “Sometimes not everyone has the vision,” said Julie Lux, a senior associate with the multifamily group at Colliers in Minneapolis. “The seller has positioned this with the initial floor plans so buyers can imagine the conversion.” It’s part of a larger trend of transitioning older, dated office buildings — which the…
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