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Mar022015

[Download] More Details on Ritz Block Proposal

The Environmental Assessment Worksheet (EAW) and associated studies for the proposed Ritz Block project located on the property at 315 Nicollet Mall in Minneapolis, were released last week.  The total project area encompasses an approximately two and one-half acre site along Nicollet Mall in Downtown Minneapolis, between South 3rd and 4th Streets.  This phased development is anticipated to be developed in two separate phases and would provide at completion up to 728 dwelling units, 12,000 square feet of commercial space, and up to 909 off-street parking spaces.  Alternatively, Phase 2 could be constructed with up to 365,606 square feet of office space instead of residential units.   Phase 1, would include 364 residential units, up to 12,000 SF of ground level retail space, approximately 430 parking spaces, occupy approximately 60,524 square feet of land and is planned for construction in 2015-2017.  Each phase would be taken through the City’s design and approval process independently.

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