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2013_0722_packet
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8/30/2013 2:11:29 PM
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7/19/2013 9:16:01 AM
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ALOFT HOTEL & ZENITH CONDOMINIUMS <br />Minneapolis, MinnesotaProject Details <br />In 2008, Sherman Associates opened the new 155-" New Construction <br />room aloft Hotel along Washington Avenue South " 155-Room Hotel <br />in downtown Minneapolis. Part of Starwood Hotels, " 64 Condominiums <br />aloft has five stories with guest rooms on 2 through 5. " 4,000 Square Feet of Retail in the aloft <br />The ground level includes approximately 4,000 square " 7,800 Square Feet of Retail in the Zenith <br />feet of retail space and the hotels common areas." Project Value: $61 Million <br />" Financing: New Market Tax Credits, Environmental <br />Adjacent to the project is the Zenith Condominiums. Grant <br />Located in the prestigious Mill District, the project <br />provides an opportunity for contemporary living Role: Developer, Owner, Sales Broker <br />in a dynamic downtown neighborhood. Just steps <br />from the exciting new Guthrie Theater, and a few Completed: August / November 2008 <br />blocks from the heart of downtown, the Zenith offers <br />dramatic views of the Minneapolis skyline and the Awards and Recognition: <br />Mississippi River. With shops, river trails and light " 2008 Finalist in Hospitality Development/ <br />rail service all within walking distance, this project Redevelopment by Minneapolis/St. Paul Business <br />provides high-end housing in the downtown market.Journal <br />" 2010 Honor Award for Excellence in Concrete <br />Design & Construction <br />COMPANY PROFILE: Development Experience <br /> <br />
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