Alatus LLC is inching closer to breaking ground on 200 Central, a 40-story residential tower in the heart of St. Anthony Main. At 467 feet, 200 Central would be Minneapolis’ second tallest all-residential structure after The Carlyle — the distinctive sandstone tower immediately across the Mississippi River. If all goes according to plan, major site work could begin as early as spring 2016.
According to
plans filed with the city of Minneapolis last year, early plans for 200 Central called for 325 residential units. The unit count has since been scaled back. Alatus is leaning toward condominiums, rather than rental apartments, though a final decision isn’t expected until closer to groundbreaking. The most recent renderings show a soaring glass tower, topped with a gently sloping crown that occupies about half a three- or four-story podium footprint.
200 Central replaces Washburn-McReavy Funeral Chapel, the St. Anthony Athletic Club and some surface parking. The 900-stall St. Anthony Falls Ramp will remain open and operational, according to the proposal, although it’s the subject of separate development murmurs.
The project will have more than 300 dedicated parking spaces, including about 100 tandem stalls for residents. Plans call for a spacious outdoor pool and deck area several stories above street level, plus a high-end fitness center, day spa and multi-use community meeting rooms. It’s not clear whether the structure will have first-floor retail or restaurant space.
The tower is the latest in a parade of announced and in-progress construction projects in the St. Anthony Main-Marcy Holmes corridor.
A few blocks north, Lennar is beginning preliminary work on the
5.45-acre Superior Plating site, the future home of a two-phase, mid-rise mixed-use development. To the northwest, Shafer Richardson’s proposal to replace Nye’s Polonaise Room with a 30-story apartment tower met fierce resistance from neighborhood groups and preservationists, but
a scaled-back version so far appears on track. A stone’s throw to the south, the
A-Mill Artist Lofts have breathed new life into one of Minneapolis’ most historically significant blocks. Other projects, some rivaling Alatus’ proposal in scale (if not height), are planned or proposed for 200 Central’s immediate environs.