MREJ Real Estate Awards 2023 Finalists
Thursday, March 30th, 2023
The Minnesota RE Journal is hosting its annual Real Estate Awards, showcasing the top achievements and developments in the state of the past year.
Congratulations to all of the finalists in this year’s program, including some near and dear to our team. The winners will be announced at the April 21, 2022 event so stay tuned for more to come! Learn more about all of this year’s finalists at the Minnesota RE Journal event website, linked here.
Here is some information on some of the select nominees:
Category: Affordable Housing – Urban
The Hillock is a new 100 unit affordable senior housing community in Minneapolis’ Longfellow neighborhood. It is the first phase in creating a 100% affordable, intergenerational campus called Snelling Yards, and redevelops a three acre parcel at Snelling and 45th Street that formerly housed City Public Works. The Hillock adds vibrancy to the neighborhood and addresses a chronic shortage of need-specific, affordable housing for 55+ residents rooted in single-family housing. Designed to provide a safe, affordable, maintenance-free living option adjacent to public transit for older Minneapolis residents, The Hillock also offers the benefits of socialization and community.
Category: Industrial / Manufacturing / Science – NE
To respond to the high-demand for industrial space in the Twin Cities, Scannell Properties developed a new speculative building on vacant land in Arden Hills. Called Gateway Interstate, the building is located on the northeast quadrant of Interstate 35W and Interstate 694 and provides nearly 250,000 sq. ft. of flexible space for multiple tenants. The building was designed to include two ‘wings’ to take advantage of the unique grading on the site and maximize the building’s footprint. The exterior features several areas of brick and metal panel to enhance the appearance of the building at the highly visible intersection of two major traffic corridors. The building is designed to provide a 28’-0” clear interior height and consists of precast panels and a steel beam and column system.
Ultra Machining Company (UMC) Expansion
Category: Industrial / Manufacturing / Science – NW
For over 50 years, Ultra Machining Company (UMC) has been a precision manufacturing leader for the medical, aerospace, and defense industries. To elevate its mission as a manufacturing innovator, accommodate growth, and enhance employees’ work environment, the company embarked on an expansion at its Monticello campus. The UMC Innovation Center showcases state-of-the-art precision manufacturing capabilities, providing space and flexibility for UMC to experiment with automation, technology, and processes as they work with clients. The design creates a connected campus, while preserving the opportunity for UMC to expand further and separate their facilities if needed in the future.
InverPoint Business Park, Building #2
Category: Industrial / Manufacturing / Science – SE
With the growing need for industrial space in the Twin Cities, United Properties is executing its long-term plans for 45 acres in the south metro. The new InverPoint Business Park in Inver Grove Heights is planned to house five buildings that will total over 460,000 sq. ft. of office/industrial space when complete. Building #2 is a 96,000 sq. ft. speculative industrial facility.
Lifeworks Main Office
Categories: Interior Design – Suburban Office
Lifeworks Services, Inc., is a nonprofit that partners with people with disabilities across Minnesota. Together, Lifeworks and people with disabilities drive change by increasing opportunity and access in the community. Facing changing workstyles, Lifeworks sought space for a new main office that reduces their administrative footprint by half. The design intent was an inclusive environment that serves as a model for the community. Accessibility and equity were at the forefront, and Lifeworks’ value of removing obstacles and striving for continual improvement creates a hybrid workplace that supports each individual.