Minneapolis-based modular construction firm Rise Modular is proposing a seven-story mixed-used building for a site on Glenwood Avenue west of downtown Minneapolis.
Planned for 1207 Glenwood Ave., the building would include 125 dwelling units, 3,000 square feet of street-level commercial space and an enclosed parking area with 68 stalls. The site is currently occupied by a single-story commercial building.
The project is slated to go to the Minneapolis Planning Commission’s Committee of the Whole for an early stage review Thursday.
A relative newcomer to the Twin Cities, Rise Modular in 2019 bought a 141,000-square-foot Owatonna warehouse where it can construct building components in a controlled environment for later assembly on site. That’s how Rise built Mod42, a three-story, 30-unit south Minneapolis residential building that was pieced together last year.
That project was still underway when Ackerberg and Northland Real Estate Group tapped Rise to construct The Alvera, a 192-unit apartment building they’re developing in St. Paul’s West Seventh Street corridor. That project is slated for completion in the fall.
Rise’s new Glenwood Avenue project is just blocks away from a future light rail station that will serve the Metro Green Line extension, scheduled to begin operation in 2023 or 2024. The site is less than a mile from downtown and just a half-mile west of the Minneapolis Farmers Market.
Read the entire article at Minneapolis-St. Paul Business Journal