MINNEAPOLIS—R2 Cos., a Chicago-based firm that specializes in transforming properties into modern offices, has already made a mark on the downtown here, and has now launched another project by acquiring the historic Flour Exchange Building at 310 S. 4th St. The 12-story building consists of roughly 100,000 net rentable square feet of commercial office.
The building was completed in 1909 and was home to the original Flour Exchange of Minneapolis, where flour was stored and traded on-site. It is the first steel and concrete high-rise in downtown Minneapolis and has been designated as a historic site by the Historic Preservation Commission and Metropolitan Planning Commission.
Located in the Downtown East neighborhood, the area has become more popular with modern office users due to the development of the new US Bank Vikings Stadium, a 1.2 million square foot campus for Wells Fargo, a 4.2 acre public park called The Commons, the first Radisson Red Hotel, and about 200 multifamily units and 26,000 square feet of retail.
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
