Featured:

Five Square

Minneapolis, MN (2017)

COMMUNITY IMPACT
  • 28 FTE jobs
  • 11 construction jobs
FINANCING SOURCES
  • NMTC amount: $995,000
  • Total Project Costs: $1,400,834
  • CDE: University Financial Corp
PROJECT LOCATION

2525 East FRANKLIN Avenue

Minneapolis, MN 55406

Project Description

In May of 2017 Redesign purchased the newly christened ‘Five Square’ building at 2525 East Franklin Avenue. The three-story office building was originally built in 1889 and has been a seminary, a macaroni factory, a generator factory, and an office building. Redesign maintained leases with three nonprofit organizations and recruited a dynamic mix of new tenants for the rest of the building.

The major renovation included modernizing the heating, ventilation and air conditioning (HVAC) systems, adding fire sprinklers, a new Mothers Room/Prayer Room, and improving handicapped accessibility, including a passenger elevator and accessible bathrooms. Redesign transformed the first floor storefront by adding large windows and new entrances that contribute to an engaging pedestrian environment. Tenants are Cycles for Change, Bench Pressed Letterpress, Twin Cities Media Alliance, Voices for Racial Justice, Alta Planning + Design, National Native American Boarding School Healing Coalition, Alliance for Metropolitan Stability, Seltzer Design, Nomadic Oasis Barber Lounge, and Line Break Media

Community

Historic Rehabilitation

Nonprofit Hub