Hines Breaks Ground On Eco-Friendly Building In North Loop
Hines, an international real estate firm with a Minneapolis office, broke ground on Monday on a seven-story, 220,000-square foot office development in the North Loop neighborhood. The eco-friendly building will be named T3 (for timber, transit, and technology) with an anticipated opening of early fall next year.
Hines, which is partnering with Vancouver-based Michael Green Architecture and the DLR Group of Minneapolis, said the building is inspired by the North Loop’s historic brick and timber buildings.
T3 promises to be a sustainable building and will be constructed with “modern mass timber,” meaning layers of wood stacked overtop one another. Houston-headquartered Hines states this will avoid 1,411 metric tons of carbon dioxide emissions, or the equivalency of taking 996 cars off the road. The project is expected to gain LEED certification from the U.S. Green Building Council once the project is complete.
With its North Washington Avenue address, T3 will be adjacent to the light rail’s Target Field station and within a short walk of Target Center and Target Field. Hines’ building will also offer bicycle parking and a bicycle repair station.
T3’s ground floor will house more than 12,000 square feet of retail space and more than 10,000 square feet to encompass a fitness center, social workplace and other amenities.
“This project…embodies the live, work, play lifestyle that progressive tenants are seeking in order to recruit and retain today’s knowledge workers,” Hines director Bob Pfefferle said in a statement.