368 unit apartment community includes more than 60,000 square feet of amenity spaces for residents to enjoy
Bloomington, MN – 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.
About Doran Companies
As one of the fastest-growing real estate development firms in the Upper Midwest, Doran Companies is a trusted leader in development, architecture, construction and property management. With offices in Colorado and Minnesota, Doran’s strong team of more than 150 professionals are responsible for an impressive portfolio of premier properties. Over the past decade, Doran Companies has developed, designed or built more than 30 luxury multi-family and mixed-use projects in Minnesota, North Dakota and Colorado. Doran’s current property management portfolio includes millions of square feet of commercial space and luxury residential units in some of the most exclusive areas throughout the Midwest. Receiving numerous industry awards – from “Best Place to Work” to “Best of Business” to “Best Large Contractor” – Doran’s partners and peers recognize its commitment to quality and its trusted position in the marketplace. For more information about Doran Companies visit www.dorancompanies.com.
About CSM Corporation
Founded in 1976, CSM Corporation grew out of entrepreneur Gary Holmes’ first real estate asset purchase at the age of 14. Today CSM develops, renovates and restores commercial, industrial, hotel and residential properties nationwide. The company has been recognized with dozens of industry awards for unique approaches to design and development, quality management and superb customer service. CSM’s current portfolio includes more than 10.3 million square feet of commercial and retail space, 6,600 hotel rooms and 2,600 residential units across 14 states. CSM’s four decades of success are built on a company-wide commitment to treating customers and associates with integrity and respect, and for long-term dedication to its properties and host communities. For more information on CSM Corporation visit www.csmcorp.net.
About DLR Group
DLR Group is an integrated design firm delivering architecture, engineering, interiors, planning, and building optimization for new construction, renovation, and adaptive reuse. Our promise is to elevate the human experience through design. This promise inspires sustainable design for a diverse group of public and private sector clients; local communities; and our planet. DLR Group is 100 percent employee-owned and fully supports the initiatives and goals of the 2030 Challenge and is an initial signatory to the China Accord and the AIA 2030 Commitment. Our view of the world: www.dlrgroup.com/insights.