This blog post is Part II of our retrospective look-back at a decade of transformative commercial real estate. Here’s Part I.

Growth in Mixed-Use: 2017–2019

United Properties saw tremendous growth in both the Minneapolis and Denver markets throughout this three-year period, particularly through the focus on innovative mixed-use developments.

The Nordic broke ground in 2017 and has become a stunning new addition to the North Loop neighborhood since opening in 2019. It is the first true mixed-use project developed in the North Loop, offering nearly 200,000 sq. ft. of office space, 57 condominiums, a vibrant public plaza with outdoor seating, a Galley Group food hall, Thr3 Jack – a restaurant and indoor golf venue – and local coffee shop FRGMNT. United Properties also acquired the Kickernick building in 2017, embarking on a renovation project to enhance its original brick and timber construction and restore its historic charm.

We also saw a variety of project types in development, spanning across retail, industrial, office and residential landscapes. In Denver, “next gen mixed-use” — a term describing sites that blend light industrial, office and retail in one development — changed Denver’s industrial real estate arena. These developments combined free-standing retail pad sites along the perimeter of larger industrial developments, maximizing the convenience that workers are looking for and the access to customers that retailers are seeking. Other projects that exemplify next gen mixed-use include Tower Business Center in Aurora and Interpark Broomfield.

In 2018, we broke ground on Target Field Station in the North Loop. Situated in an ideal location adjacent to a light rail transit station and Target Field, home of the Minnesota Twins, Target Field Station features 1,850-guest capacity The Fillmore Minneapolis music hall and an Element by Westin hotel.

Over the decade, we also expanded our focus on senior living communities with new Applewood Pointe cooperative communities in Shoreview, Minnetonka and Champlin. We introduced our senior living communities with services into the Florida market with two new projects — Watercrest Naples and Watercrest Sarasota. We also commenced our first senior living project in Colorado, Balfour Littleton, which recently opened and is experiencing success.

In June 2019, we broke ground on the most complicated project in United Properties’ 103-year history: RBC Gateway. The ninth-tallest skyscraper in Minneapolis — complete with retail, office space and the Four Seasons Hotel and Private Residences — will revitalize a former parking lot and pay homage to the location’s acclaimed history. It is the largest true mixed-use project ever undertaken in downtown Minneapolis.

“RBC Gateway represents the most compelling and complicated project United Properties has undertaken in our 100-plus year history, and we are proud to leave behind a lasting legacy on a very culturally significant site. We are grateful to our partners for their support, including our owner and the City of Minneapolis.”

–     Bill Katter, president and CIO, United Properties Development

These projects top off a booming decade of commercial real estate for United Properties. The growth and variety in our developments and portfolio reflect our continued commitment to creating deep roots in the communities we serve.

On to the Next Decade

In the 2020s, we will continue to shape the markets where we do business. In the downtown Minneapolis area, that includes building on our successes in the North Loop. Construction has begun on RBC Gateway and is planned for completion in 2022. We believe the project will enliven the intersection of three of the city’s most-storied thoroughfares, elevate the city’s reputation as a whole, and leave a lasting impression on those who live, work, play and visit Minneapolis.

None of this would have been possible without our partners or the extraordinary vision developed by United Properties and Pohlad Companies leadership. The asset management team has kept our portfolio sound and our properties in excellent condition, our developers have been nimble in embracing opportunities and following through on impactful projects, and our support teams have excelled in all that they do. Our company has more than doubled in number of employees and projects underway in the last four years, a testament to the heart and soul of United Properties: our culture and spirit of collaboration.

Thanks to our team’s success, United Properties was recognized by the Minneapolis/St. Paul Business Journal as the largest real estate developer in the Twin Cities market six years in a row, from 2014 to 2019. We’ve also been recognized recently by the Minneapolis/St. Paul Business Journal and Denver Business Journal as one of the “Best Places to Work” in the Twin Cities and Denver, respectively.

At United Properties, we’ll continue creating inclusive spaces that transform and enrich our communities and reflect the changing needs and expectations of the next decade.

Onward to 2020!

The people of United Properties have spent the last decade working to create deep roots in both the Twin Cities and Denver metropolitan areas. From rejuvenating the historic North Loop and dreaming up Minneapolis’s latest skyscraper, to creating an innovative approach to retail, office and industrial mixed-use developments in Denver, we’re proud of what we’ve accomplished – in collaboration with our partners – in the last decade.

With the second wave of the Roaring Twenties upon us, we’re taking a moment to commemorate the end of an era with a look-back at a decade of transformative commercial real estate.

A Strong Start: 2010–2012

Coming out of the Great Recession in the late 2000s, the 2010s saw a recovering commercial real estate market that was ready for new development. United Properties was poised to start the decade strong, largely thanks to the strategic management of our assets during the downturn. This allowed us to seize opportunities as the market improved and proved to be instrumental in positioning United Properties as an emerging developer in the region.

In 2011, United Properties kicked off a redevelopment of what would become one of our signature properties: the Ford Center. We worked with our partners to transform the former Model T plant into a 21st-century office building that maintains its historic charm. This LEED Gold-certified project helped to revitalize the North Loop neighborhood and sparked a series of developments in the area. The renovation and successful transformation of the building were driven by both the development and asset management sides of our organization.

Since the remodel, our asset management team has continued to focus on innovative ways to keep the building attractive for its tenants. This project was followed by the historic revitalization of the Loose-Wiles Building on Washington Avenue and the introduction of the very popular Freehouse restaurant, both of which we continue to own.

At this time, United Properties also embarked on a new wave of senior living developments. Two new cooperative communities, Applewood Pointe of Bloomington at Southtown and Applewood Pointe of Roseville at Langton Lake, were developed in the first two years of the decade. These properties helped solidify United Properties’ position as an industry leader in cooperative communities, which offer active residents 62 and better the freedom of a maintenance-free lifestyle in a community of like-minded peers.

Spurred by the success of our cooperative communities, our first assisted living community, Cherrywood Pointe of Roseville, opened its doors in 2012 with 80 apartments. Cherrywood Pointe’s continuum of care options create an opportunity for seniors to retain their independence with additional services offered as needed.

Mixed-use development was on the rise, too, as we saw one of our outstanding mixed-use projects, Penn & American in Bloomington, come to fruition. The project converted one of the Twin Cities’ prime intersections from a car lot into a vibrant community complete with residential, retail and restaurant developments. Penn & American quickly became a destination in the heart of Bloomington, and United Properties continues to be involved in additional development in the area.

Full Steam Ahead: 2013–2016

As the decade progressed, United Properties’ role as an increasingly active investor allowed us to pursue more development opportunities. Rather than using a long-term buy-and-hold approach, we began to move properties in and out of the portfolio, freeing up capital to do more on the development side.

We then saw an influx of retail development: In 2013, half of our projects were retail. This encompassed single-tenant net lease projects with Advance Auto Parts, Caribou Coffee and Gander Mountain, as well as renovations of retail strip malls in the Midwest and Colorado.

That same year, we also acquired the former Nieman Marcus building at 505 Nicollet Mall in Minneapolis and repurposed this landmark location for CenterPoint Energy’s regional headquarters.

In 2014, another North Loop development came to fruition: Be The Match Headquarters joined the Ford Center in the formerly industrial neighborhood. This build-to-suit project included many progressive amenities, a public restaurant, as well as custom touches, including an interactive sidewalk harp that plays music when pedestrians walk by.

In addition, we acquired the first two floors of the former Saks building within Gaviidae Common on Nicollet Mall and introduced multiple retailers, including a marquee Walgreens store, which serves the booming downtown population and workforce.

We also sparked a series of major industrial developments, both in and outside the Twin Cities. The Denver team brought Enterprise Business Center (EBC) in Stapleton to life, responding to market demand for state-of-the-art industrial space and accounting for nearly 2 million sq. ft. of development. United Properties’ innovative approach earned back-to-back Industrial Development of the Year awards from the Colorado Chapter of NAIOP in 2014 and 2015. In Minnesota, market-leading projects Northcross Business Park in Brooklyn Park and Red Rock Business Park in Maple Grove also grew our industrial portfolio.

The asset management side of the business also responded to this demand by making a strategic shift toward acquiring Class A industrial properties into the company’s stable portfolio. As a landlord, United Properties has consistently performed above the market occupancy rate, attracting and retaining tenants with our highly responsive, personalized approach.

In 2016, we saw a boom in senior living developments with exciting projects in Minnetonka, Plymouth and Roseville, responding to a shift in the demographic landscape. United Properties’ senior living teams developed and filled these communities swiftly, responding to and reflecting accelerated demand.

We also acquired the remaining empty portion of the former Saks building in downtown Minneapolis, referred to as 7^th & Nic. This modern office space located in the heart of the city became United Properties’ new headquarters and was profiled in the Mpls/St. Paul Business Journal’s “Cool Offices” feature.

Up next: Part II of our 2010s retrospective will cover the end of the decade and look ahead at what’s to come in the 2020s.

MINNEAPOLIS (Jan. 16, 2020) – United Properties announced today that Scott Peterson has been named vice president of hospitality and office development, effective Jan. 1, 2020.

Peterson joined United Properties in 2019 as vice president of hospitality and residential development. In this role, he quickly made a noticeable impact on the company’s RBC Gateway project and other hotel pursuits. In his revised role, Peterson will focus on hospitality and office development, including site acquisition, project underwriting, design, development and construction. His hospitality projects include the upcoming Four Seasons Hotel and Private Residences Minneapolis at RBC Gateway.

“Scott has brought considerable depth and experience to us from his work in the hospitality area before joining United Properties,” said Bill Katter, president and chief investment officer, United Properties Development. “He has also been assisting me with several new office pursuits, and I am confident that Scott’s new role will capitalize on his talents and continue his positive impact on the company’s hospitality and office development projects.”

Prior to joining United Properties, Peterson served as senior director of development and construction for CSM Corporation in Minneapolis, bringing more than 13 years of residential and hotel experience across various markets. He holds a Bachelor of Science degree in business management from Montana State University and an Executive Master of Business Administration degree from the Eller College of Management at the University of Arizona. He is an active member of the NAIOP Minnesota chapter and also dedicates his time to mentorships at the University of Minnesota’s Carlson School of Management and several other community organizations.

VERO BEACH, Fla (Jan. 21, 2020) – Watercrest Senior Living Group and United Properties are pleased to announce the grand opening of Watercrest Naples Assisted Living and Memory Care in Naples, Fla.  The 128-unit luxury senior living community is now welcoming its founding residents to their new home.

Watercrest Naples is a signature Watercrest product, offering 96 assisted living and 32 memory care apartments with premium accommodations, resort-style amenities, and world-class care. Residents enjoy pampering in elegant Spa W, savor private label Watercrest wines at the bistro, and relish the flavors of locally grown, seasonal ingredients and organic fare whether dining outdoors, bistro-style, or in the chef’s private dining room.

The exceptional architecture and design boast a stunning promenade, fireplace, signature water wall, multiple dining options, pool, salon and spa, grand balconies, and Florida-style outdoor living spaces in a peaceful setting.  Watercrest’s uniquely designed Market Street Plaza showcases an ‘outdoor’ streetscape with numerous LifeBUILT programming touches; a highlight and crucial element of their multi-sensory memory care programming.

“It is with much anticipation we celebrate the opening of this truly spectacular community,” said Marc Vorkapich, Principal and CEO of Watercrest Senior Living Group.  “We are grateful for outstanding partnerships with United Properties and Walker and Company in bringing this project to fruition and providing the seniors of Naples with an exceptional senior living community.”

Ideally located at 9015 Bellaire Bay Drive, Watercrest Naples is just minutes from sandy white beaches, and casually elegant shopping, dining and cultural venues.  The city offers nature lovers and sports enthusiasts unlimited opportunities to enjoy their favorite pastimes, while the grand architecture, friendly people, and pleasant year-round climate make Naples an extraordinary place to call home. For community information, contact Dawn Osterweil, Executive Director at 239-734-5639.

Watercrest Senior Living Group was founded by Marc Vorkapich, CEO, and Joan Williams, CFO, to honor our mothers and fathers, aspiring to become a beacon for quality in senior living by surpassing standards of care, service and associate training. Watercrest senior living communities are recognized for their luxury aesthetic, exceptional amenities and world-class care, and their innovative and artfully designed Market Street Memory Care Residences offer unparalleled service to seniors living with Alzheimer’s and dementia.

“Watercrest Naples is an incredible new community with resort-style amenities and activities that will help seniors experience the joy of living,” said Ray Oborn, President, Cherrywood Pointe Investment. “We’re proud to partner with Watercrest Senior Living to create a community that is unparalleled in the area.”

Watercrest Naples is one of two senior living development projects partnered between United Properties and Watercrest Senior Living Group.  Their second project, Watercrest Sarasota Senior Living, is currently under construction and scheduled to open in 2020.

Founded in 1916 and based in Minneapolis, United Properties has developed nearly 200 projects totaling more than 20 million square feet and nearly $1 billion over the last 30 years. Since 2004, United Properties has developed 15 senior housing communities in the Minneapolis/St. Paul and Denver markets, with seven more under development. For information on United Properties, visit http://www.uproperties.com.

A certified Great Place to Work, Watercrest Senior Living Group specializes in the development and operations of assisted living and memory care communities and the growth of servant leaders. For information, visit www.watercrestseniorliving.com.

Kathryn Vorkapich
772-539-4553
kathryn@chandonnicholas.com

MINNEAPOLIS (Jan. 21, 2020) – West Monroe Partners, a national business and technology consultancy, today announced that its Minneapolis office will relocate to new space in the North Loop neighborhood to accommodate its expanded local team and future growth projections. The firm has agreed to lease more than 42,000 square feet at The Nordic, a unique mixed-use development at 729 Washington Avenue, and expects to move into the new space in April 2020.

“West Monroe joins other fast-growing companies on the leading edge of their industries that have selected The Nordic as their home because it offers an ideal location and a variety of amenities their employees can enjoy.”

West Monroe, which has nine offices across the United States, doubled its local team in October 2019 through the acquisition of Minneapolis-based digital product studio, GoKart Labs. The new office will have more than two times the space of West Monroe’s current local footprint, allowing the firm to bring more than 100 employees together in one location and still have room to grow. Based on increasing demand for consulting services from the region’s upper-mid-market and Fortune 1000 companies, West Monroe expects to double the size of its local workforce again between now and 2025.

“Already, we are seeing tremendous impact from integrating the respective consulting, creative, and technology talents of West Monroe and GoKart Labs, so it has been a priority for us to find space where we can bring everyone together. The Nordic not only enables us to do that; it also offers a modern, efficient, human-centered environment that is very much aligned with our people-first culture,” said Tom Ewers, managing director and Minneapolis office leader. “We are excited to find a space that enables us to collaborate and do ground-breaking work for category leaders committed to differentiating themselves and creating value in a digital marketplace.”

West Monroe opened its Minneapolis office in 2013. Today, the office provides technology-enabled consulting solutions for clients across the Upper Midwest in key industries, including healthcare and life sciences, financial services, consumer and industrial products, and private equity. The firm’s Minneapolis-based digital product studio serves clients nationally as West Monroe builds out additional studios in other offices.

West Monroe earned 35 awards for its unique, people-first company culture in 2019. Nationally, the firm has been recognized as a leading company at which to work by Great Place to Work and Fortune, as well as by Vault Inc. and Consulting magazine. Both West Monroe and GoKart Labs have been named a Star Tribune Top Workplace and a Minneapolis/St. Paul Business Journal Best Place to Work.

“Collaborating to create value through multi-disciplinary teams is at the heart of what we do, so it is important for us to have space that inspires that, while also being an attractive destination for our current and prospective employees. The Nordic offers a space and location that exemplifies our unique culture, while also proximity to both of our current offices so as not to disrupt people’s current commutes,” said Don Smithmier, co-founder of GoKart Labs and now a senior director with West Monroe. “Just as important, we are eager to have our entire Minneapolis team together in one space so that everyone has exposure to and can learn from each other’s skills and diverse perspectives. This creates career growth opportunities for all and helps us fulfill our mission to build the next generation of leaders.”

The Nordic, led by United Properties, is one of Minnesota’s first registered projects employing the WELL Building Standard^TM (WELL), a global movement focused exclusively on the health and wellness of building occupants. It features full-service restaurants, retail, micro-unit housing, parking and bike storage, and gathering areas, including a unique four-season plaza and a rooftop patio.

“We’re pleased to welcome West Monroe Partners to The Nordic, our unique mixed-use development in Minneapolis’ vibrant North Loop neighborhood,” said Gordy Stofer, vice president, capital markets for United Properties. “West Monroe joins other fast-growing companies on the leading edge of their industries that have selected The Nordic as their home because it offers an ideal location and a variety of amenities their employees can enjoy.”

West Monroe currently occupies space at 123 N. 3^rd Street and 110 N. 5^th Street. Peter Fitzgerald of Cushman Wakefield represented West Monroe in the deal.

West Monroe is currently hiring for an array of positions in Minneapolis. For career opportunities, visit https://www.acceptthechallenge.com.

About West Monroe Partners

West Monroe is a national business and technology consulting firm that partners with dynamic organizations to reimagine, build, and operate their businesses at peak performance. Our team of more than 1,400 professionals is comprised of an uncommon blend of business consultants and deep technologists. This unique combination of expertise enables us to design, develop, implement, and run strategic business and technology solutions that yield a dramatic commercial impact on our clients’ profitability and performance. For more information, visit www.wmp.com.

Media Contact
Christina Galoozis
Media Relations Manager
cgaloozis@wmp.com
312.447.6623

AUTHORED BY COLE STERR

One of our most recent developments in the vibrant North Loop neighborhood, The Nordic, has already begun the work of creating legacies over the past few months.

As the newly developed “living room and back yard” of the North Loop, The Nordic has provided many hours of enjoyment in the open, outdoor plaza space that connects to the neighborhood’s popular The Freehouse restaurant at the Loose-Wiles Building next door.

Our friends from The Musicant Group are mainly responsible for this; since 2012, they’ve been planning and hosting placemaking events and designing spaces to connect the public with common areas throughout Minnesota. Its main mission is simple: to create places where people want to be.

United Properties partnered with The Musicant Group on The Nordic in the development phase, keeping the question of “What do people want to do?” top of mind. Through engaging and interviewing residents, employees, and visitors of the North Loop, Founder Max Musicant and Community Event Manager Shelby Schroeder uncovered a few common threads: people want to create new traditions and experience new amenities and events. 

Musicant and Schroeder explain that “the plaza was designed to accommodate physical curling programs, parties, fitness events, and intimate casual and day-to-day experiences.”  

From hosting musicians and enjoying a couple of cold ones to celebrating the holidays and practicing yoga, the Nordic is fulfilling its promise to serve as the living room and backyard of the vibrant North Loop – satisfying the needs of people who live, work, and play in the neighborhood. 

The Nordic Shenanigans

This past September, an Oktoberfest celebration was held at the plaza between The Nordic and The Freehouse. It’s a convenient location, especially with The Freehouse right there to provide the beer! By bringing this event to the plaza, the space can engage with people and generate buzz, all in the hopes of making this an annual event at the plaza. 

The Musicant Group has also implemented what’s called “Minute Mondays” where employees in The Nordic and Loose-Wiles Building and bystanders can take a minute to engage in Minute-to-Win-It activities. It’s intended to interact with employees and the general public during our fast-paced lives. “I knew that people didn’t have 30 minutes to spare, but I knew they had one minute,” says Schroeder, “Minute Mondays are smaller-scale events so people see that there’s constant activity.” 

Additionally, The Musicant Group hosts Fika Fridays, which is an event held every Friday where coffee, treats, doughnuts, pastries, and even a yogurt bar are offered to the public and employees. It’s so popular that 80-100 people come every time, and people have it scheduled on their calendars. “There’s one employee that shouts across the cubes every time Fika Fridays rolls around” explains Schroeder, “he even brought me coffee one day to show his appreciation for the work we do with this event.” This event has certainly achieved the goal of the space by creating a weekly ritual amongst employees and neighboring organizations. “It allows people and employees to take some time out of the office, come down to the plaza and plan something together and enjoy themselves” explains Musicant. 

Local musicians have also been taking advantage of the open plaza outdoor and indoor spaces to share their talents with the public. The Musicant Group has an extensive list of local musicians, and they pick a variety of musicians to perform so that different tastes and genres can be heard by the public at least once a month. Tenants have even said that they want to come down for lunch and enjoy some local music on the plaza. “It’s a great way to engage so many different types of people” describe Schroeder and Musicant, “witnessing a concert communicates a live invitation, and implies that the plaza is an inclusive space and that we want people there.” 

The Musicant Group has also worked with the North Loop Neighborhood Association to create recurring events. “We’re actively recruiting partners to create larger events and seasonal traditions” Musicant explains. In October, the two groups worked together to use the plaza space for a Halloween celebration, kicking off a theme of recurring events on the plaza to create traditions and foster a memorable gathering space. 

And to top it off, The Musicant Group worked with the Downtown Resource Group (DRG) to utilize the space for yoga. As part of its partnership with the Best Christmas Ever (BCE), an organization that works to bless families who have been through tough times during the holiday season, DRG asked The Musicant Group if the space could be used for yoga to raise money for BCE. The Musicant Group couldn’t say no. “We want to make our spaces a ‘yes’ space. If somebody wants to host an event, we don’t say no, we try our best to make it happen,” say Schroeder and Musicant. The open space on the plaza makes it a perfect spot for not only parties, but also a space where people can be physically active, underscoring the plaza’s versatility. 

In partnership with The Musicant Group and The Freehouse, United Properties is also in the process of installing curling into the space with hopes of recurring every winter. It will be the only outdoor curling courts in the Twin Cities that use actual stones, too. The group is also moving the outdoor concert series indoors for the winter, rebranding it Lattes and Listen, in partnership with the new coffee shop FRGMNT. Continuing to work with the North Loop Neighborhood Association, hosting more Fika Fridays, making annual holiday events, and implementing an ice bar with The Freehouse are all in the works too. 

Impact of Public Spaces 

Whether it’s some good ‘ole beer-drinking, family gathering, or relaxing yoga, our plaza at The Nordic is a versatile space well suited to host a wide variety of activities that bring the neighborhood together.

Our partnership with The Musicant Group has truly created a place where people want to be, and we’re excited to imagine more possibilities for cultivating a welcoming public space. It’s all part of our work to leave lasting legacies in the Twin Cities and fulfil our mission of advancing transformative real estate. ​​

MINNEAPOLIS (Jan. 13, 2020) – United Properties announced today that it has completed construction of a new hotel at 501 Sixth Ave. N. and music hall at 525 Fifth St. N., located at Target Field Station in the North Loop of downtown Minneapolis. The 150,000-sq.-ft. building features the Fillmore Minneapolis music hall and Element by Westin hotel.

“Fillmore Minneapolis will be the destination for people looking for an evening of live music with great food and drinks. Whether you are at Fillmore Minneapolis for a show, attending a Twins game with family, or in town for business, Element by Westin offers a fresh, comfortable and convenient place to stay while visiting Minneapolis,” said Rick McKelvey, senior vice president, development. “We are very proud that United Properties was able to deliver this incredible mixed-use project to the city.”

“We are particularly grateful to Hennepin County and the Minnesota Twins for the support they’ve provided us throughout the development process. Their bold vision for Target Field Station will provide great benefits to our community for decades,” McKelvey said. “We are confident that United Properties’ addition to Target Field Station brings wonderful new amenities that will further enliven the area.”

United Properties worked with Live Nation’s House of Blues Entertainment division to bring the popular Fillmore music hall to Minneapolis. The venue occupies 36,000 sq. ft. and features an intimate, 1,850-guest-capacity venue for music performances. The music hall is enhanced by signature Fillmore aesthetics, including chandeliers and vintage concert posters.

United Properties worked with Lion Hotel Group to develop the Element by Westin hotel, which features 156 guest rooms. The Element by Westin hotel is a unique concept that suits both short- and long-term stays and incorporates eco-conscious design elements and wellness programming. Project partners include Tushie Montgomery Architects and Weis Builders.

Both the music hall and hotel will open shortly.

Target Field Station caps the company’s commercial real estate development activities in the Target Field Station area, which includes the Ford Center, Be The Match headquarters and Caribou Coffee.

MINNEAPOLIS (Nov. 21, 2019) – The Nordic, United Properties’ mixed-use building located at 729 Washington Ave. N., announced today a series of exciting developments as the project nears completion. Nearly 70 percent of the space is now leased, with just three floors totaling 60,000 sq. ft. remaining.

New tenants now open include FRGMNT coffee shop and Thr3 Jack restaurant and indoor golf venue, and programming at the outdoor public plaza has been in full swing.

FRGMNT, a coffee shop owned by Ben Banse and Sarah Roehl, has opened in the ground floor lobby of The Nordic. The brand was created specifically for The Nordic and features coffee from Monogram Coffee in Calgary, Canada, Heart Roasters in Portland, Oregon, and Saint Frank Coffee in San Francisco. The coffee shop has a partnership with Honey & Rye Bakehouse to provide pastries for patrons. FRGMNT is open 6:30 a.m. – 6 p.m. Monday through Friday and 8 a.m. – 3 p.m. on Saturday and Sunday.

Thr3 Jack, a restaurant and indoor golf venue on the ground floor of The Nordic, had its grand opening Oct. 7. Created by siblings Lucy Robb and Bo Massopust, the venue features six best-in-class simulators for golfers of all levels and a thoughtfully crafted food and drink menu. Thr3 Jack is open 5 p.m. – 11 p.m. Sunday through Thursday and 5 p.m. – 1 a.m. Friday and Saturday.

The outdoor plaza space at The Nordic has begun programming and events with yoga classes, a festive Halloween celebration and other activities. Featuring an outdoor firepit, planning is underway for additional winter outdoor events in the coming months.

Sable, The Nordic’s residential component, represents the first owner occupied condominium building that allows short-term rentals in the Twin Cities. Several units have closed, with just 15 percent remaining. The building features a Members’ Lounge, rooftop deck with downtown views, outdoor firepits and same-floor parking access. Contact Joe Grunnet with Downtown Resource Group at (612) 244-6613 for more information.

The Nordic is a modern warehouse-style building designed to be the living room and backyard of the North Loop. Other tenants include Ovative Group and WeWork, a cooperative office space. A food hall operated by Galley Group on the first floor is expected to open next month. The Nordic is United Properties’ fifth project in Minneapolis’ historic North Loop neighborhood.

MINNEAPOLIS (Nov. 12, 2019) – United Properties has announced its plan to develop Canterbury Distribution Center in Shakopee, Minnesota. The 302,650 sq. ft. building, located at 3200 Fourth Ave. E., will be moving forward as a speculative industrial product.

United Properties purchased the 24-acre property near U.S. Route 169 and Canterbury Road from Canterbury Park in 2015. Site work on the project began in August 2019, with an expected completion in the spring of 2020.

Canterbury Distribution Center is currently the only large bulk space available in the south metro area, and the property is located less than a quarter of a mile from the Amazon Fulfillment Center in Shakopee, noted Connor McCarthy, development manager, United Properties. “We’re pleased to be developing much-needed large bulk space in the supply-constrained southern metro,” he said.

R.J. Ryan Construction Inc. is the general contractor on the project. Kris Smeltzer and Jason Meyer of Cushman & Wakefield are the leasing representatives.

United Properties also recently purchased land in Burnsville at 35 South Business Center located at the corner of Interstate 35 and Highway 13. The 96,000 sq. ft. build-to-suit industrial project represents phase four of United Properties’ 35/13 Crossings project.

MINNEAPOLIS (Nov. 12, 2019) – United Properties announced today that it has broken ground on Cherrywood Pointe of Bloomington, located at 5501 American Blvd. W., within the Normandale Lake area of Bloomington, Minnesota. The senior living community is expected to open March 2021.

This marks the first time United Properties will bring its Cherrywood Pointe concept to Bloomington, a community that is already familiar with another of its senior living options, Applewood Pointe senior cooperatives. “We are delighted to be further serving Bloomington seniors with the continuum of care offered by Cherrywood Pointe, from independent living to 24-hour on-site nursing staff,” said Mark Nelson, executive vice president, residential development, United Properties.

The four-story community offers a variety of floor plans and housing solutions, with options ranging from independent living to services with around-the-clock personalized care. Cherrywood Pointe’s 118 units feature 82 maintenance-free independent and assisted living apartments, 24 memory care apartments and 12 care suite apartments. Amenities include 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. Community members will have access to daily chef-prepared meals, scheduled transportation services and a comprehensive life-enrichment program designed to create engaging experiences and an active lifestyle.

Great Lakes Management will manage Cherrywood Pointe of Bloomington. Customized health-care services will be provided by Gentle Touch Health, including a 24-hour on-site team of licensed nurses and nurses’ assistants.

Cherrywood Pointe of Bloomington was designed by Kaas Wilson Architects and Henrik & Co Interiors and will be constructed by Weis Builders.

The Bloomington location is United Properties’ sixth Cherrywood Pointe community in the Twin Cities. The other metro locations include Forest Lake, Minnetonka, Plymouth, Roseville on Cleveland and Roseville on Lexington. The company also has a senior living community in Littleton, Colorado, as well as communities under development in Naples and Sarasota, Florida.