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August 20, 2012
Kraus-Anderson to begin construction on Third North apartments in downtown Minneapolis
MINNEAPOLIS, Minn. (August 2012) – Kraus-Anderson Construction Company (KA), one of the Midwest’s oldest and largest commercial general contractors and construction managers, will begin construction on Third North, a new 266,000-square-foot apartment complex located at 800 N. 3rd Street in downtown Minneapolis. Groundbreaking ceremonies will be held at the site at 10:00 a.m. on Thursday, August 30, 2012.
Designed by Minneapolis-based UrbanWorks Architecture, LLC, the six-story complex features 204 apartment units and two levels of underground parking. The $39 million market-rate project is expected to be completed in December 2013. The property is being developed by Schafer Richardson, Inc.
Third North’s interior amenities will include a weight and fitness equipment room, group fitness room, conference and computer center, bike shop, dog run, pet grooming room and a community lounge that opens to a courtyard. Select units will feature granite countertops, fireplaces and private balconies. Underground tempered parking and electric vehicle-charging stations will also be available.
Outside, the courtyard will be equipped with a pool, spa, fire pit, lawn game area, built-in grilling stations and LED lighting. Exterior boulevard trees will be planted in a Swedish vault system to conserve water and maximize the health of the trees.
Established in 1897, Kraus-Anderson® Construction Company (www.www.krausanderson.com) is one of the nation’s premier commercial general contractors and construction managers. The company has been ranked consistently among the top Green Contractors in the U.S. by Engineering News Record and has been leading the charge in sustainable design and construction for the last 20 years. Kraus-Anderson, an Affirmative Action, Equal Employment Opportunity Employer, is headquartered in Minneapolis, Minn. and has regional offices in Phoenix, Ariz., Madison, Wis., Minot, N.D., and in Rochester, Duluth and Bemidji, Minn.