368 unit apartment community includes more than 60,000 square feet of amenity spaces for residents to enjoy
Doran Companies and CSM Corporation today announced that they have broken ground on The Expo, a more than $100 million luxury apartment community in the St. Anthony Falls Historic District in downtown Minneapolis. The multi-family Doran Design-Build project is a joint venture between Twin Cities-based CSM Corporation and Doran Companies.
The Expo, named as an homage to the former Industrial Exhibition Hall that was once close to the existing site, will be constructed on one city block that is currently a surface parking lot along University Avenue between 2nd and 3rd Avenues SE. With full views of the Mississippi River and the downtown skyline,The Expo includes more than 60,000 square feet of amenity spaces and will offer 199 apartments within a 25 story post-tensioned, concrete-framed high-rise building, and an additional 157 apartments and 12 street level, direct-entry townhomes in a brick-clad lower-level building. The community will include 10 affordable units and more than 3,175 square feet of retail space.
“We are excited to get going and to further add to the vitality of this unique neighborhood along the Mississippi River,” said Doran Companies founder Kelly Doran. “Our long-term commitment to this dynamic part of downtown – including our existing 338-unit Mill & Main luxury apartment community – remains a key focus for us and we are excited to develop, build and manage additional property here for the long-term.”
Consistent with other Doran residential properties, the amenity-rich residential community will include extensive indoor bike storage and a heated garage, a pub, clubrooms and entertainment suites with full dining and lounge areas and chef-grade kitchens, multiple terraces, including a central terrace overlooking the river with a heated pool, bar, dining areas, grilling stations, fire features, bocce ball and a contoured putting green. Additional amenities will include a business center, state-of-the-art fitness center, spa, sauna and game room with a golf and sports simulator.
“CSM Corporation and Doran Companies have worked very hard and we are proud to bring these beautiful, amenity-rich buildings to the market,” said CSM CEO Gary Holmes.
Design firm DLR Group will lead the interior design of the project. “We are incredibly excited to be a part of this unique high-rise project,” expressed Staci Patton, DLR Group interior design lead for the project. “Having worked with Doran Companies and CSM Corporation in the past, we know and admire their design commitment. Our team can’t wait to begin bringing their vision for these luxury homes to life.”
Doran Companies Chief Operating Officer Anne Behrendt, stressing the positive economic impact for the community, said, “Hundreds of local jobs will be created through the construction phase of this project. It is always exciting to see the cranes in the air and know that we are enhancing lives and helping to build the community we care so much about – both in terms of creating jobs and providing high-quality housing.”
A grand opening is anticipated in late spring or early summer of 2020.