United Properties renovates historic Kickernick building in Warehouse District of Minneapolis

MINNEAPOLIS, (May 31, 2018)  – Renovation work on the historic Kickernick building in the Warehouse District of downtown Minneapolis kicked into full gear this spring with an extensive lobby renovation plan.

The overall renovation of the 150,000-sq.-ft. building calls for a historic renovation to enhance its existing brick and timber construction and return its historic charm. Building renovation plans include the removal of non-original dropped ceilings and drywall to expose original materials, as well as the addition of a new lobby area, new elevators, and newly renovated bathrooms and common corridors. The new lobby atrium will be filled with open seating and collaboration stations and feature a more prominent entryway off First Avenue. Bike storage and showers will also be added to the first floor.

Renovations will be complete in Q3 2018. To date, the sixth floor renovation has been completed, with 22,108 sq. ft. of office space – the entire floor – available for leasing now.

“This renovation gives us a rare opportunity to imagine new possibilities for a historic building that has been a part of the Minneapolis skyline for a century,” said Gordy Stofer, vice president of office development at United Properties. “Kickernick has its own compelling character, which is impossible to recreate, and our renovation simply enhances that character, adding creative and appealing new office spaces that are unique to Minneapolis.”

Kickernick is located in the downtown Minneapolis Warehouse District at 430 N. First Ave., with convenient access to downtown, Target Field, the Warehouse District and light rail. At 150,000 sq. ft., the building is 75 percent occupied with existing office and retail tenants, and retail/restaurants on the main floor, including Brothers Bar & Grill.

“We’ve had great success with other renovations of historic buildings in Minneapolis, including the Ford Center and Loose-Wiles,” said Stofer. “Similarly, the Kickernick building has a rich architectural history that we look forward to celebrating with this renovation. It is also part of our ongoing commitment to help maintain the relevance of historic buildings in the Warehouse District and North Loop.”

The seven-story Kickernick building was constructed in 1896 and was originally home to the North Star Boot & Shoe Company for use as a factory and warehouse; an addition was built in 1902. The building was later occupied by lingerie company Kickernick, giving it its current name.

In addition to United Properties and Second City Real Estate, the project team includes architect Studio BV, general contractor Mission Construction, Inc. and leasing agent Transwestern.

About United Properties
United Properties has been creating deep roots in the commercial real estate industry for 100 years. The company imagines new possibilities in real estate to help strengthen communities and create lasting legacies. United Properties provides market expertise for ground-up development, redevelopment and acquisitions of value-add and stable investments. The company invests in and develops office, industrial, retail, mixed-use and senior housing properties. United Properties is owned by the Pohlad Companies and is headquartered in Minneapolis, with an office in Denver. For more information, visit www.uproperties.com or follow on Twitter at @UPDeepRoots.