Construction completed at 240 Park,17-story mixed-use luxury apartment building overlooking Minneapolis skyscape and Mississippi River
February 10, 2021
MINNEAPOLIS, Minn. (February 2021) – Kraus-Anderson has completed construction of 240 Park, a 17-story mixed-use apartment building located at 240 Park Ave. The project, developed by Garden Communities MN, the residential arm of MV Ventures, is walking distance to the Minneapolis skyways and Central Business District.
The building’s urban lifestyle provides luxury apartments offering panoramic views of the downtown Minneapolis skyscape, Mississippi River and U.S. Bank Stadium.
Designed by BKV Group, the 410,943-square-foot building features 204 apartment units and more than 4,500 square feet of retail space on the first floor. The building has one level of underground parking and five levels of above-ground parking for 254 vehicles.
240 Park features condo-quality finishes and offers larger 1-, 2- and 3-bedroom units. Amenities include a club room, fitness and yoga studio, pool and spa with sauna, locker rooms, golf simulator and an interior drop off, which will be welcome during cold or inclement weather. Outdoor areas on the 6th and 17th floors include a lanai with firepits, bocce ball, pergola, pet spa and dog run area, as well as a private dining area with prep kitchen.
In addition to the first-floor retail space, the mixed-use facility is complimented by a lobby, mailroom and a gathering space with a custom fireplace.
Apartments will be available February 2021. Leasing is managed and leased in-house by MV Ventures 612-439-5156 (www.240ParkAve.com).
About Kraus-Anderson
Established in 1897, Kraus-Anderson is an integrated construction management and real estate development enterprise working independently and in collaboration with a family of companies, including insurance, mortgage and realty operations. Kraus-Anderson, an EOE AA M/F/Vet/Disability employer, is headquartered in Minneapolis, Minn. and has regional offices in Madison, Wis., Bismarck, N.D., and Duluth, Bemidji and Rochester Minn.
About MV Ventures
MV Ventures, a Wilf-Family owned company, is a full-service real estate developer in Minnesota. We are responsible for the construction, management and activation of best-in-class destinations, including Viking Lakes and Garden Communities MN. The entire Garden Communities division owns and manages more than 60,000 apartment units across 30+ states and adds more than 2,500 per year through acquisitions, ground up development and construction.