Apartment, Commercial

Moment

Type: New Construction
Role: Developer, Owner, Manager
Building Space: Apartments: 222 Market-Rate Units
Commercial Space: 15,300 SF

Project Value: $83 Million
Financing: TCF Bank, Firefighters For Healing Loan, Owner Equity Contribution
Location: Minneapolis, MN
2022
Year Completed
296,393
sqft

Overview

Located three blocks from U.S. Bank Stadium on the corner of Portland Avenue and South 7th Street, Moment is a 10-story mixed-use development with skyway connection that includes 222 market-rate apartments and nearly 15,000 SF of street-level commercial space including Starbucks and New Horizons Academy daycare center. The first of its kind in the United States, Firefighters For Healing Transitional Healing Center on the second floor provides 12 suites to house burn victims being treated at nearby Hennepin Healthcare, as well as their families.

Residences at Moment range from efficient 496 SF studios to spacious Penthouses with more than 1700 SF, all complete with STRATIS Smart Home Technology that allows residents “sidewalk to sofa” building access and the ability to control energy usage with ease. The apartment homes are high-end and feature stainless steel appliances, quartz countertops, and in-home washer/dryer. Most homes have a private balcony, built-in desk with open shelving, smart refrigerator with remote monitoring and temperature control, and smart gas range with voice-enabled controls.

Residents benefit from a variety of luxury amenities including a modern 5-star lobby, pool terrace, sauna and spa, sports simulator, rooftop terrace, fitness studio, work-from-home space, maker’s space, bike storage and repair area, dog run and pet spa. The underground parking garage includes resident storage and will have electric car charging stations.

Energy usage for Moment is partially offset by energy production from a solar garden located in Carver County.