MINNEAPOLIS—This city's Uptown neighborhood has long been one its most popular residential areas for professionals, and its about to get another collection of new apartment homes. Sons of Norway has just signed an agreement with Ryan Cos. US, Inc. and Weidner Apartment Homes for the sale and redevelopment of the land parcel where the fraternal organization has had its international headquarters since 1962. Located on Lake St. between Holmes and Humboldt avenues, the property sits in the heart of the Uptown.

The developers have not released many details about the plans for the marquee location. But Sons of Norway officials do say the organization will continue business operations on the site.

“After an extensive process to ensure the highest and best use of our primary asset, the clear choice was to sell the property that has served us so well,” says Eivind J. Heiberg, chief executive officer. “Considering market conditions in the Uptown neighborhood and the challenges of an aging facility, it was time to make the most forward-thinking decision for the long-term health of our organization, employees and the community.”