This two parcel 0.39 acre development opportunity in the Phillips West neighborhood represents a rare, recession-resistant opportunity to deliver a mixed-use project into a "supply cliff" in Minneapolis. Strategically positioned as a housing solution for the $1.2B Abbott Northwestern expansion—set to open in late 2026—the site captures a captive, high-income medical workforce seeking modern, secure "walk-to-work" options that the neighborhood's aging stock cannot provide.

City of Minneapolis Approval: The seller has already worked through the approval process with the City to allow a 7 story mixed-use development on this footprint.

Strategic Mixed-Use: Potential for 40-60 units of residential plus prime ground-floor office or retail space.

Medical Infrastructure Anchor: Direct proximity to the new Abbott Northwestern Surgical and Critical Care Center ensures a permanent, high-velocity tenant base of medical residents and nursing staff.

Leaseback & Co-Development Options: The seller is open to discussing a leaseback arrangement during the planning phase or exploring co-development options.

Transit-Oriented Connectivity: Utilizes the Minneapolis 2040 Plan to reduce parking costs while sitting at the nexus of the I-35W Orange Line and the new METRO F Line BRT.

All offers are invited!