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Midtown Exchange Featured at MSCA

MINNEAPOLIS-The 1 million-sf redevelopment project at Chicago and Lake streets will be the featured topic at the Minnesota Shopping Center Association's May meeting; Rick Collins, vice president of development at Ryan Cos. and JoAnna Villone Hicks, real estate development director of the Neighborhood Development Center, are the featured speakers.

By Jim McCartney | Updated on April 21, 2005

MINNEAPOLIS-The Minnesota Shopping Center Association’s meeting next month will feature perhaps the largest redevelopment project ever in the Twin Cities: The mixed-use redevelopment of the historic Sears complex at Chicago and Lake streets.

Midtown Exchange features the Midtown Global Market with an international theme and will feature fresh and prepared foods, groceries and other products from multiple vendors and will be the largest market in the Twin Cities. The project mixes more than 80,000 sf of retail with 400,000 sf of office space, 141 condos and townhomes, 219 apartment units and a 136-room hotel. With more than 1 million sf, it’s the largest historic redevelopment in Minnesota.

The panel includes Rick Collins, vice president of development at Ryan Cos. and JoAnna Villone Hicks, real estate development director of the Neighborhood Development Center (NDC). They will discuss the challenges and opportunities of developing retail along Minneapolis’ Lake Street.

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