June 16, 2015, Tuesday - NIEBNA US Bank – Mortenson Task Group (USMTG) Initial Meeting at Ginger Hop
Time: 5:30pm - 7:00pm
Location: Ginger Hop (Green Room), 201 East Hennepin Ave
Proposed Development
US Bank has been reducing its “brick and mortar” practically everywhere in the country due to changes in the way bank services have evolved in the age of the internet. The US Bank building and site on East Hennepin is far larger than they need and has been on the sale block for many years. Since US Bank will continue to have an office in the neighborhood in a smaller facility, they want a quality development site and have turned down numerous offers in the past.
Recently, the Bank has entered into an agreement with the Mortenson Development, a major local developer/builder most famous currently as the builder of the Vikings Palace, to develop the site. Preliminary design is for a high-density mixed-use residential & retail project.
US Bank – Mortenson Task Group (USMTG) Formed
As NIEBNA has done for other major developments in the neighborhood, an ad hoc Task Group has been formed to handle neighborhood comment and review on the development. NIEBNA Board Member Craig Beddow will chair the Task Group. If you are interested in participating in the Task Group, send an email with your contact information to info@niebna.com
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