MINNEAPOLIS (July 14, 2021) — To ensure that all Upper Harbor Terminal (UHT) redevelopment efforts reflect the values of the Northside Community, the Upper Harbor Development team of United Properties, First Avenue and George Group North is inviting community-based organizations to submit Expressions of Interest (EOI) by Aug. 15, 2021.

“This represents a once-in-a-generation opportunity to create a large-scale, community-building asset in North Minneapolis — one that’s grounded in a restorative approach toward racial justice that meets the needs, aspirations and priorities of the Northside Community,” said Brandon Champeau, United Properties senior vice president & commercial development market leader. “It’s very important that we get this right, and we cannot be successful without the direction and insights that community partners will provide.”

The Expression of Interest has been open since early June, and interest from community organizations looking for opportunities to partner with the development team is robust. “We have heard from large corporations, smaller nonprofits and individual community members with varying degrees of interest and potential roles in the future redevelopment plans for the site,” Champeau added. “This visionary development aims to transform the North Minneapolis riverfront into a vibrant, lively community that offers opportunity for all. We hope to find partners for key critical roles that can make this a national model for community representation and ownership.”

The Upper Harbor Development team is seeking to fill three critically important community partner roles. The first is a community fund manager who will be responsible for the management and handling of community performing arts center (CPAC) funds, generated by a ticket fee for all First Avenue events. Additionally, the fund manager will make annual recommendations to the city on how to deploy ground-lease funds from private development into anti-displacement and anti-gentrification initiatives. The second is a CPAC community program manager/advisor who will work with First Avenue to oversee community programming, operations, marketing and event management. This includes prioritizing existing and new community entrepreneurs to expand into this space, creating events and programming that serve to build on existing community events with a focus on showcasing work from local artists, and using zip code priority hiring for event staffing. The third is a private development real estate partner who could partner with the development team on the leasing, ownership or management of the proposed ground floor commercial space in the project.

“As an African-American developer that focuses on revitalizing underserved communities, I am excited about this innovative project that addresses a multitude of needs that can transform North Minneapolis to a place I don’t believe it’s ever seen,” said Devean George, president and CEO of George Group North, which is part of the Upper Harbor Development team. “I look forward to working with talents and resources within the community to create a sense of ownership in the project that can ensure its success for years to come.”

For more information about the EOI, including a UHT project overview, partner role descriptions and role-specific qualifications, visit the UHT Redevelopment section at upperharbormpls.com.

Interested community organizations should send their EOIs to uhtinfo@uproperties.com by Aug. 15. Questions can be directed to the same address.

About the Upper Harbor Terminal project

Upper Harbor Terminal is a 48-acre site located on the Mississippi River. It formerly housed a barge shipping terminal that ceased operations in 2014. In 2016, United Properties responded to an RFP for the City of Minneapolis to imagine the possibilities of this site. Since then, the company has worked in partnership with the city and community to create an equitable development plan that meets the community’s needs and sets a precedent for how private development can align more intentionally with community values. For more information, visit www.upperharbormpls.com.

MINNEAPOLIS (June 28, 2021) — United Properties is moving forward on Phase 1 of the expansion of 4Front Technology & Office Campus located in Oakdale, Minn. The project — which is a joint venture with the Larson family, Slumberland’s founders — recently received a PUD Amendment to develop one of the last large parcels with direct freeway access and visibility within the major city freeway loop.

Phase 1 of the project will consist of 24 acres for industrial use. The full site sits at 122 acres and will be redeveloped in phases. The proposed master development plan will provide amenities to the existing office campus, with future phases of development — including commercial, industrial, retail, hotel, medical and office use — that will bolster local economies and create jobs.

“We are excited about the future of our partnership with the Larson family and working together to create and deliver a comprehensive master plan elevating the overall campus to the premier office and mixed-use location within Oakdale and the East Metro,” said Scott Peterson, vice president of hospitality & office development, United Properties. “The partnership merges two local families with deep roots in real estate and three generations of family-owned businesses. These facts have resulted in like-minded investment strategies, capital structures and anticipated investment vehicles.”

“The Larson family is very proud of the work that has been done to revitalize the existing 4Front campus,” said Michael Larson, vice president of development for Slumberland and Larson Enterprises. “Today, 4Front is 85% occupied and home to a wide range of companies from biotech to medical devices to digital marketing, as well as start-ups. The partnership with United Properties is the next step to fully develop this property into a world-class facility.”

About Slumberland Furniture

Slumberland Furniture is one of the Midwest’s top retailers of home furnishings. With more than 120 stores across twelve states, Slumberland sells high-quality mattresses and a full line of furniture and home décor, all at an incredible value to the customer. A family-owned company with strong roots in the community, Slumberland has a long history of giving back. Its 40 Winks foundation has given away over 45,000 new beds to kids in need since 1991.

DENVER (June 10, 2021) — United Properties, a commercial developer and investor with a successful track record developing industrial properties in the Denver metro area, has broken ground on their Trade@2534 industrial project. The 280,323-sq.-ft. Class A development, located at 4201 Ronald Reagan Blvd., is the developer’s third project in the 2534 master-planned community in Johnstown, Colo.

The project is part of a joint-venture partnership between United Properties and PCCP, a Los Angeles-based real estate investment and management firm, that plans to develop an 11-building industrial portfolio in Minneapolis, Denver and Austin.

The new industrial project will consist of three Class A buildings – Building 1 at 72,896 sq. ft., Building 2 at 145,008 sq. ft. and Building 3 at 62,419 sq. ft. Both Buildings 1 and 2 are now under construction, with an expected completion of spring 2022. Building 3 is available for build-to-suit with completion in late 2022. The three-building plan includes a variety of product designs with two front, park rear load buildings and a single cross-dock building that can accommodate space requirements from 15,000 to 145,008 sq. ft.

“We are seeing growing demand for industrial space in Northern Colorado, driven largely by the in-migration that the corridor has experienced over recent years,” said Megan Turner, vice president of development, United Properties. “Trade@2534 offers modern, functional space for companies to grow within a business-friendly community. We look forward to serving the tenants in this market with quality, Class A product.”

Trade@2534 is strategically located near the intersection of Interstate 25 and U.S. Highway 34 with close proximity to a variety of amenities, including retail, restaurants, offices, health care, housing and other services. Once finished, the buildings will provide 24’ and 28’ clear height and feature energy efficient, modern design, TPO 60-mil “Cool Roofs,” ESFR sprinkler systems and modern truck courts with significant car parking.

“The combination of Trade@2534’s best-in-class location, developer, design, and building quality, along with the entirely new to market cross-dock product makes this a very unique and exciting project,” said Ryan Schaefer, chief executive officer, NAI Affinity. “Trade@2534 is anticipated to lease up quickly due to the aforementioned qualities, in combination with accelerated demand from in-migration and increasing per capita usage of industrial space.”

Trade@2534 is United Properties’ third industrial project within the 2534 master-planned community. Most recently, a built-to-suit project for U.S. AutoForce was completed in 2019.

Project partners include Newmark and NAI Affinity.

MINNEAPOLIS (May 18, 2021) — United Properties announced today that it has broken ground on five industrial facilities in the Twin Cities, bringing nearly 750,000 sq. ft. of industrial space to the market. Half of the space has already been pre-leased, which the developers say is a testament to the strength of the Twin Cities industrial market.

“Despite the uncertainty around the economic impacts of COVID-19, and most recently the rising construction costs and material lead times, we continue to see robust leasing velocity and new tenant requirements across the Twin Cities,” says Brandon Champeau, senior vice president and market leader, United Properties. “We were poised to act on this demand, and the build-to-suit and pre-leasing activity in our speculative projects is evidence of the strength of our site positions in each submarket.”

Four of the five buildings are part of a recently announced $165 million joint venture partnership between United Properties and PCCP, a Los Angeles-based real estate investment and management firm. The joint venture will develop an 11-building industrial portfolio in Minneapolis, Denver and Austin.

The first business park development, dubbed as 610 Junction, is located at the intersection of Highways 169 and 610 in Brooklyn Park. The plan includes three industrial buildings of 110,000, 199,500 and 245,000 sq. ft. that will feature state-of-the-art specifications. The business park will open for occupancy in the fourth quarter of 2021. All but one of the buildings are spoken for, with Buildings 1 and 3 pre-leased by Marmon Holdings and JunoPacific, a subsidiary of Cretex Companies, respectively.

The second site, 35 South Business Center, situated at the intersection of Oliver Avenue and 126th Street West in Burnsville, will total 96,000 sq. ft. and is 50% pre-leased by Poly-Tex. The facility boasts a clearing height of 28 feet, multiple drive-in doors and considerable parking capacity.

The third development, InverPoint Building #2, a speculative 108,000-sq.-ft. facility, is the second phase of InverPoint Business Park in Inver Grove Heights which spans approximately 45 acres and will accommodate 460,000 sq. ft. when fully developed. United Properties completed a build-to-suit for Simpson Strong-Tie in InverPoint Business Park in 2020, subsequently selling it to STAG Industrial for a record single-tenant cap rate.

“We’re thrilled to see the amount of investor and tenant demand in the industrial space. Of the 750,000 sq. ft. of industrial space we are delivering to the market in 2021, over half is pre-leased and that is a testament to the strong market fundamentals in the Twin Cities,” says Connor McCarthy, developer director, United Properties. “We’re proud of each of the development projects and look forward to leasing the remainder of the space, and to continue more development in the Twin Cities.”

MINNEAPOLIS (April 27, 2021) – True to its commitment to providing best-in-class, vibrant senior living communities, United Properties opened the doors to Cherrywood Pointe of Bloomington this week and welcomed its founding residents to their new home.

The 118-unit, four-story community features 82 beautifully appointed independent and assisted living apartment homes, 24 memory care apartments and 12 care suites, and is the perfect blend of modern amenities and classic sophistication.

Residents have an array of amenities to enjoy, including a multi-venue dining room, pub room, community room, salon, fitness room and yoga studio, sun porch and outdoor patio, underground parking and balconies on most units. Other services include daily chef-prepared meals, scheduled transportation services and a robust life enrichment program.

The development team implemented several advanced technologies in the common areas such as the bipolar ionization air filtering system to mitigate the spread of viruses, including SARS-2-CoV, the virus that causes COVID-19.

Located at 5501 American Blvd. W, the Bloomington location is United Properties’ sixth Cherrywood Pointe senior living development in the Twin Cities. Great Lakes Management will manage the facilities and customized health care services will be provided by Gentle Touch Health, including a 24-hour on-site team of licensed nurses and nurses’ assistants.

Weis Builders constructed the facility designed by Kaas Wilson Architects and Henrik & Co.

For more information on Cherrywood Pointe of Bloomington, please visit: https://www.cherrywoodpointe.com/bloomington/ or call 952-800-7791.

About Great Lakes Management

Great Lakes Management (GLM) is a Minnesota-based real estate firm that provides development, property management, marketing, home healthcare and consulting services to property owners and investors. Founded in 1988, GLM’s senior housing portfolio includes active adult and continuum communities which offer a mix of independent, assisted living, memory care and care suite components. Gentle Touch Health, a wholly owned subsidiary of GLM, currently delivers the licensed clinical oversight and healthcare services to all GLM-managed communities where health services are offered.

AUSTIN, Texas (March 25, 2021) — United Properties announced today that Chris Mase has joined United Properties – Austin as vice president, construction management, effective March 15, 2021. Mase will report to Renee Kirscht-Rascher, senior vice president, development operations, United Properties.

Mase brings more than 15 years of experience in commercial real estate project management, development and construction to his new role. He will be responsible for managing all projects in the Austin market and overseeing the construction process through all phases of development. Mase is the third member to join the team at United Properties – Austin, which was established in April 2020.

“We are pleased to welcome Chris to our growing team in Austin,” said Kirscht-Rascher. “Chris brings a diverse skill set to our team with his background in structural engineering, construction management and development. We have several projects in the pipeline where his expertise will be put to good use.”

Most recently, Mase served as the senior project director, development and construction, for Kushner Companies in New York City where he was responsible for overseeing and leading all phases of the company’s ground up multi-family residential, hospitality, office and retail projects. Previously he held positions with GFI Capital Resources Group, Turner Construction Company and McLaren Engineering Group.

Mase holds a Bachelor of Science degree in civil engineering from the University of Delaware. He is a LEED AP Building Design and Construction accredited professional and a licensed professional engineer in New York state.

MINNEAPOLIS (March 24, 2021) – As RBC Gateway continues to rise over the Twin Cities, a new partnership between renowned Chef Gavin Kaysen, United Properties and Four Seasons Hotel Minneapolis will drive the development of the world-class dining experiences there.

An award-winning chef and founder of the Soigné Hospitality Group, Kaysen will oversee the creation of two unique dining experiences on the property: a full-service restaurant and bar, as well as a café. Kaysen will lead concept development for all aspects of the project, from food and wine to ambiance and decor. The restaurants are expected to open in the spring of 2022 when the building is complete.

“We all feel how dramatically restaurants and the city of Minneapolis have transformed in the past year,” says Kaysen. “I see this partnership with United Properties and Four Seasons Hotel Minneapolis as an opportunity to uplift our community and bring two neighborhoods—the North Loop and Downtown—together. We’re building this with a lot of intention and thought for what the future of hospitality looks like.”

According to Rick McKelvey, senior vice president for United Properties, they didn’t have to look far to land on Kaysen as the right person to lead restaurant development. “We wanted to form a partnership with someone very special, and Gavin was our first choice right from the start,” he says. “We are confident that when Gavin’s restaurant opens in a little over a year from now, our community will embrace his vision for a wonderful, world-class restaurant and café.”

Kaysen is a two-time James Beard award winning chef celebrated locally and nationally for his ability to create hospitality-driven dining experiences as well as his leadership and vision for the future of the culinary profession. His restaurants in the North Loop include Spoon and Stable, a 2015 James Beard Award Finalist for Best New Restaurant; Demi, an intimate 20-seat tasting menu experience named one of “The 10 Best New Restaurants in North America” by Robb Report; and Bellecour Bakery at Cooks of Crocus Hill, celebrated for its array of French bistro inspired fare. His catering company, KZ ProVisioning, created in collaboration with Chef Andrew Zimmern, fuels the Minnesota Wild and the Minnesota Timberwolves.

Additional details about the restaurant concepts will be announced in the months ahead, including the name, design, beverage and culinary concepts. A third bar and restaurant, located on the fourth-floor pool deck, will be managed by Four Seasons Hotel Minneapolis.

“When I think about what makes a restaurant successful, it’s having the opportunity to build relationships with our guests and bring them joy through food,” says Kaysen. “In this space, we’ll have guests from the hotel, the neighborhood, and Four Seasons Hotel and Private Residences Minneapolis. I’m looking forward to being part of a project that helps all of them create memories.”

About Gavin Kaysen

Gavin Kaysen is the two-time James Beard Award winning chef and owner of Soigné Hospitality Group, which includes three restaurants in the North Loop: Spoon and Stable, Demi, and Bellecour Bakery at Cooks of Crocus Hill. His catering company KZ ProVisioning, created in partnership with Chef Andrew Zimmern, fuels the Minnesota Timberwolves and the Minnesota Wild. Kaysen hosts a bi-weekly live, interactive cooking class called GK at Home and is the co-founder of Heart of the House Foundation, a non-profit organization created to sustain the growth, health, and prosperity of the Soigné Hospitality family now and in the future. Follow him on Instagram.

About Four Seasons

Four Seasons Hotels and Resorts opened its first hotel in 1961, and since that time has been dedicated to perfecting the travel experience through continual innovation and the highest standards of hospitality. Currently operating 119 hotels and resorts, and 44 residential properties in major city centres and resort destinations in 47 countries, and with more than 50 projects under planning or development, Four Seasons consistently ranks among the world’s best hotels and most prestigious brands in reader polls, traveller reviews and industry awards. For more information and reservations, visit fourseasons.com. For the latest news, visit press.fourseasons.com and follow @FourSeasonsPR on Twitter.

MINNEAPOLIS (March 23, 2021) – United Properties announced today that Sarah Veith has been promoted from senior vice president to executive vice president, organizational development and human resources, effective immediately.

In her role, Veith is responsible for overseeing United Properties’ talent retention and recruitment, building and advancing company culture, and leading internal and external communications. She will continue to report to Bill Katter, president and chief investment officer, United Properties Development.

Since joining United Properties in 2016, Veith has played a key role in the company’s growth and development. “Sarah is a careful steward of company culture, and she is always attuned to the needs of everyone in the organization,” said Katter. “She has been a tremendous asset to United Properties by translating business objectives into organizational solutions and creating an inclusive culture. We are confident that under her leadership, she will continue to guide us to even greater success in these areas.” Veith is a member of the four-person Executive Leadership Council at United Properties, making her the second woman in the company’s history to serve on the council.

Veith is a planning member for the NAIOP Diversity and Inclusion Roundtable, and speaker at the Urban Land Institute’s Real Estate Diversity Initiative, a program that aims to advance the careers of professionals of color and women in real estate industries. She holds a Bachelor of Science degree in management, with an emphasis in human resource management, from St. Cloud State University, as well as Senior Professional in Human Resources, and Society for Human Resource Management – Senior Certified Professional certifications.

Veith was recently recognized as a 2021 “40 Under 40” honoree by the Minneapolis/St. Paul Business Journal for her accomplishments.

MINNEAPOLIS (March 16, 2021) – After 19 years of dedicated service to United Properties, it was announced today that Keith Ulstad, senior vice president of retail investment and development, will retire on July 1, 2021.

A highly visible and charismatic leader in the retail development field, Ulstad has led United Properties’ retail and mixed-use acquisition, development and redevelopment efforts since joining United Properties in 2002.

Ulstad’s career accomplishments include the acquisition of a significant number of suburban grocery-anchored retail centers that propelled United Properties into the retail business, as well as the pioneering development of several successful mixed-use projects such as Lyndale Green and Penn & American, both in Bloomington. He has overseen the acquisition, development and redevelopment of more than 25 shopping centers, as well as other notable projects such as Plaza VII, a mixed-use development in downtown Minneapolis.

“Keith has cemented an indelible legacy, both at United Properties and within the commercial real estate industry,” said Bill Katter, co-president and chief investment officer, United Properties Development. “He has had a significant impact on all of us who have been fortunate enough to work with him. We have benefited from his strategic thinking and focus on execution, as well as the personal touch he brings to every conversation,” he said, adding that Ulstad has served as a mentor to many development professionals at the firm.

“Keith’s expertise in building strong relationships in the industry and with the communities we serve is unparalleled,” Katter said. Ulstad has been active in the International Council of Shopping Centers, Urban Land Institute and Minnesota Shopping Center Association.

Ulstad’s retirement plans include enjoying life outside of work with his wife, Mary, and keeping busy with recreational flying, spending time at the family cabin on the North Shore of Lake Superior and fishing in Alaska.

DENVER (March 2, 2021) – United Properties is bringing its highly successful and well-established Applewood Pointe senior cooperative communities to the Denver market, with the first project slated for Westminster.

First established in 2004, there are now 15 Applewood Pointe senior cooperative communities in Minnesota, with an additional four planned in 2021. Developed and managed by United Properties, the cooperatives are owned collectively by homeowners and operate independently under their own board of directors.

United Properties’ first senior cooperative living project in Colorado, Applewood Pointe of Westminster, will be on the southwest corner of 108th Avenue and Wadsworth Parkway. Located on a 10-acre site, the community will include 85 homes, average size 1,500 sq. ft. Groundbreaking is planned for summer 2022, with an anticipated late 2023 completion date.

United Properties is currently accepting priority reservations, an important first step to securing a home. Alex Hall, senior vice president, said they are seeing strong initial interest in the development, with more than 25 reservations to date — a trend they expect will continue. “We’ve been part of the commercial real estate development community in Denver for over 15 years, and given our market knowledge and passion for creating distinguished, resident-focused environments for active adults, we believe this is a great opportunity to expand our highly successful Applewood Pointe senior cooperative communities here,” Hall said.

Applewood Pointe of Westminster will feature 85 cooperative homes, all with two bedrooms, two bathrooms, a private deck or patio, and a laundry room. Some floor plans will also include a den or sunroom. These cooperative homes will offer open-concept living with large windows and plenty of storage. Homeowners will be able to select their home’s interior finishes and choose from a variety of upgrades to suit their personal tastes.

“Senior housing is a flourishing area within United Properties, and we are pleased to give Coloradans an excellent option of home ownership as well as the joy of a carefree lifestyle, without the hassle and expense of home upkeep,” said Eric Chekal, senior development manager.

A host of amenities abound in beautifully designed shared spaces, including a great room, library, club/game room, fitness center, guest suites, woodworking shop, craft room, heated underground garage with a carwash bay, and spacious outdoor living spaces with a large deck and patio, fully functional kitchen and a fire pit gathering area for outdoor dining, relaxation and socialization.

“We’ve picked a fantastic location for Applewood Pointe of Westminster, with expansive mountain views of the Front Range and easy access to a wide variety of lifestyle-enhancing amenities,” said Chekal. Located between Broomfield and Arvada, near U.S. Highway 36, Applewood Pointe of Westminster is within five miles of 1,700 acres of parks, open space and Standley Lake, in addition to shopping at FlatIron Crossing mall or Westminster Promenade, restaurants, hiking trails, dog parks and many other recreational activities. Walnut Creek Golf Preserve is a beautiful, award-winning golf course and Audubon Certified Signature Sanctuary that is only five minutes away.

Information sessions will be held Wednesday, April 7 at 10 a.m. and 1 p.m. at Walnut Creek Golf Preserve. For more information, visit www.applewoodpointe.com/westminster, call 720-898-5970 or email info@applewoodpointe.com.