|USE:||Mixed-Use: Luxury Multi-Family, Commercial|
|SIZE:||13 stories; 364 Apts, 7 townhomes, 24,000 sq ft commercial|
|STATUS:||Construction start - Q3 2017; Completion - Q4 2019|
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The 2nd Street Development is a 13-story mixed-use development with townhomes transitioning into the residential neighborhood. It is located at 1406 2nd Street SW, Rochester Minnesota. The property will feature 364 market-rate apartment homes, 7 adjoining townhomes and approximately 24,000 square feet of commercial space. Early construction activities began in late summer 2017 and the project is expected to be complete in 4th quarter 2019.
2nd Street Development is a luxury apartment community located at the intersection of 2nd Street SW and 14th Avenue SW at the Gateway District leading into downtown Rochester. The property, designed by Minneapolis well-known ESG Architects, is also adjacent to the world-renowned Mayo Clinic – St. Mary’s Hospital and acts as a catalyst to further the transformation of the 2nd Street Corridor into a greener, vibrant, pedestrian-friendly “Live-Work-Play” district. The 13-story tower will strategically step-down into rental townhomes which provides a smooth transition into the residential neighborhood South of the site. 2nd Street Development will bring a sophisticated living experience second to none. Residents will live a lifestyle that mixes casual comfort with a bit of glamour. With a prime location and abundant amenities, these luxury apartment homes provide upscale elegance in a historic neighborhood setting.
On the ground level, the property is envisioned to feature restaurant and retail spaces surrounded by a vibrant pedestrian friendly streetscape along 2nd Street SW. In addition, the 2nd floor will provide additional office and retail spaces. Given its close proximity to St. Mary’s Hospital and situated on a high transit-oriented corridor, the 2nd Street Development is expected to attract a large number of tenants employed with Mayo Clinic and will appeal to guests from around the world. The impressive list of community amenities that 2nd Street Development will offer its residents include a 3rd story rooftop pool, fire pits, grilling stations, and an indoor sauna (to name a few). Residents will enjoy unique work-from-home suites and private entertainment spaces. A state of the art 24/7 fitness center promotes healthy living; a heated, 4-season outdoor dog oasis and spa appeals to pet-lovers.
Read more: 2nd St in the News