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Twin Cities Construction & Development Boom

Modular Construction & How to Make New Development and Re-development Pencil in 2020

Event Ended On: Thursday March 12 2020

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Event Host

Events Raw Space

The Dayton's Project

Located in the heart of downtown Minneapolis, the Dayton’s building has been a central piece of Minnesota’s economy and culture for generations. Now, the iconic building is being reinvented for the 21st century.

For more than 100 years, the landmark building at 700 Nicollet was home to the famous Dayton’s and Macy’s department stores and was an anchor for the downtown retail and business district. The Dayton’s Project development team – led by Telos Group and 601w Companies – is dedicated to realizing the building’s potential while also taking care to honor and secure its place in history. Many original features have been retained and restored, including the Art Deco bathrooms and JB Hudson space. To formally recognize this architectural and historical gem, the team worked closely with state and federal policy makers to secure the Dayton’s building’s place on the National Register of Historic Places.

The design of the Dayton’s Project reflects both the historical significance of the building and how the updated spaces will serve visitors now and for years to come. Standing at 12 stories with over 1.2 million square feet, the new Dayton’s Project will feature exceptional modern office, dining and retail spaces, including an innovative 45,000 square foot food hall and market drawing in visitors from both Nicollet and the skyway. The offices will enjoy many tenant-exclusive amenities, like a green rooftop terrace with unparalleled skyline views, private lounge and library spaces, and a state-of-the-art health club facility. Construction began in March 2017, and demolition was completed in 2018. The Dayton’s Project is scheduled to open to the public in the Spring of 2020.

Speakers and Panels

Major Projects, Sustainability, & New Construction Techniques

How To Build For The Future, Modular, & Pre Fab

Matt Rauenhorst
365 Nicollet, 3701 Wayzata, 610 Crossings Office

Matt Rauenhorst

VP, Minneapolis, Opus Development Company

How to Make New Development and Re-development Pencil in 2020

Navigating Rising Labor & Material Costs

Shauen Pearce
Race Equity, Economic Development & Inclusion

Shauen Pearce

Director, Economic Development & Inclusion Policy, City of Minneapolis
Michael Lander
38th Street Station, Grain Belt Redevelopment, & Portico

Michael Lander

Founder, Lander Group

Venue

The Dayton's Project
700 Nicollet Ave
Minneapolis, MN 55402

1st floor: in the old JB Hudson's Jewelry space for networking and breakfast. Content will take place in room adjacent to it.


Parking Information:

People should park in the Park and Shop parking garage accessible off of 7th Street between Nicollet and Hennepin

Note: Please enter on "Nicolett Mall" via the propped open double doors. We will have a BISNOW staffer outside as well as directional signage. Do not use the Skyway to enter as it is under construction. The entrance is street level.

Get Directions

Agenda

Time Activity
8:00 AM
9:00 AM
Coffee, Breakfast, & Networking!
9:00 AM
9:45 AM
Major Projects, Sustainability, & New Construction Techniques
How To Build For The Future, Modular, & Pre Fab
9:45 AM
10:30 AM
How to Make New Development and Re-development Pencil in 2020
Navigating Rising Labor & Material Costs
10:30 AM
11:00 AM
More Networking!

Summary

  1. What innovative technology is being used to overcome construction challenges and speed up project timelines?
  2. What neighborhoods could see a surge of investment and development in 2020?
  3. Have construction costs gone up due to tariffs and companies sourcing materials from other places?
  4. Are developers and investors looking outside of Minneapolis for deals due to inclusionary zoning?
  5. How are deals getting financed with both material and labor costs continually going up?