Thresher Square

Type: Adaptive Re-use, Historic
Role: Developer, Owner
Building Space: Hotel Suites: 183 Keys
Financing: Conventional, Federal Historic Tax Credits, State Historic Tax Credits
Location: Minneapolis, MN
Year Completed

Overview / Details

Sherman Associates acquired the Thresher Square Building in 2015. With the help of architectural firm DLR Group, Sherman created vision to transform the century-old site into a 183-key upscale hotel along with street level commercial space.

Listed on the National Register of Historic Places, Thresher Square is comprised of two separate office buildings, The Advance Thresher Building and The Emerson Newton Company Building, completed in 1900 and 1904 respectively. The site gains much of its significance due to its Classical Revival architecture; both buildings were designed by the firm Kees & Colburn.

The building saw its last renovation from 1984 – 1986.

The location of Thresher Square is unique in that it is at the convergence of the highly sought after Mill District and East Town, which has quickly become a major hub of development.

East Town is currently experiencing billions of dollars worth of investment with the construction of US Bank Stadium, Downtown Commons Park, and two 17-story Wells Fargo Office Towers totaling 1.2 million SF.

Commercial Space

3,000 SF