What’s Happening Downtown Minneapolis?

By
Real Estate Sales Representative with Remax Results

How would you like to wake up to panoramic views of the skyline as the sun begins to peek through your bedroom windows? How about a quick trot to a Pilates studio, and then a hop into a craft coffee shop? How about checking out a charming new restaurant with great reviews just a block away? Or, if you’re too pooped to pop, give Bite Squad a jingle to bring it to you.

Baby Boomers are flocking back to the city. It’s a surprise to see couples with a big 4 bedroom house, and acreage in the suburbs downsizing to1300 square feet of city living. They feel that they’ve done their due diligence, given the kids a solid start, and now it’s time for less maintenance and more mingling.  

It’s not just Boomers, but young professionals are opting for urban living as they start their careers. In 2017, 1400 downtown units were sold, there must be some exciting benefits:

  1. Less dependent on driving. You can walk almost anywhere (weather permitting).  Some go carless, Ubering (Yes, it is now a verb) or renting by the hour if they need it. Bike rental is an alternative, as is public transportation.
  2. NO MAINTENANCE!  I’ve shown many couples urban pads where he glances at her growling, “I’m tired of shoveling, raking, cleaning gutters.”  Single family homes require work, inside and out. At some point, many couples want less or delegate it to someone else.
  3. Lock and load the bags off to the airport. When you don’t have to worry about tending the yard, picking up mail, walking the dog, all you have to do is turn down the heat and pack your bags. The concierge can hold your mail, and your apartment will be cozy and waiting for you hen you come back.
  4. Community.  Keeping a social life through the winter in Minnesota is a chilly business. Suburban neighbors wave Hello/Goodbye as they roll into their garages in October, you won’t see them again till spring. The holidays are usually subzero, or snowed in. This is why we see so many movies. You have to drag snow boots along and you could get stuck in a drift. Having friends an elevator stop away, or even a couple blocks makes a Minneapolis social life a dream come true.

The ultimate low maintenance is a new construction apartment with wide open spaces, ginormous windows, and views from every angle. If that sounds like something you’d like to wake up to check out The Portland Tower or The Legacy.  Portland Tower is already mostly sold with a few units still available. Seven units are ready and waiting, and another 22 are available with your personal choices. Layouts range from 2 to 4 bedrooms, two baths 1472 square feet + one balcony to 1675 square feet, two balconies, and garage. You can’t beat the views, especially if you’re a fan.  The US Bank Stadium is practically under the balcony.

The Legacy has 374 units planned, and it’s currently under construction. 135 are already sold, and pending completion. Right on the edge of Gold Medal Park, it is a walking neighborhood along the river, with restaurants, coffee shops, and brew pubs everywhere. Both buildings will sell out this spring, it’s a good time to take a peek if you’re thinking of dumping your snow shovel and rake. Give a jingle, and let’s go see what’s cookin’. 

Whether you’re selling a house or buying a new home in the Minneapolis, MN, area, turn to Mary Jo Quay with RE/MAX Results for quality real estate assistance. Contact her at (612) 384-1360 or visit the website to learn more about her services or browse local real estate listings.

Posted by

Mary Jo Quay

“That’s what I do: I move people—H O M E.”

 Phone: (612) 384-1360

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Topic:
Real Estate Industry
Tags:
minnesota
minneapolis
new construction
urban living
downtown living
boomers
the legacy
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Rainmaker
670,340
Nick & Trudy Vandekar, 610-203-4543
Long & Foster Real Estate Inc 610-225-7400 - Devon, PA
Tredyffrin Easttown Realtors, Philly Main Line

Over the past few years we have been seeing the same thing in Philadelphia as boomers move into to live and enjoy the city without the commute.

Nice post.

Jan 29, 2018 10:00 AM #1
Ambassador
2,758,904
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I visted breifly for the first time last summer on a road trip.  It's a city I'd love to visit again.

Jan 29, 2018 09:07 PM #2
Rainmaker
215,527
Mark Organek
And the United States of America - Mesa, AZ
On a journey to accomplish one huge goal.

That's quite an enticing way to showcase what's happening downtown.  I hope people are able to take you up on your offer as you seem to know the market very well.

Jan 29, 2018 09:39 PM #3
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Rainmaker
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Mary Jo Quay

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