Multifamily W Minnesota

Kraus-Anderson wraps construction on mixed-use development in Minneapolis

Kraus-Anderson wraps construction on mixed-use development in Minneapolis,ph01

Kraus-Anderson Construction has completed construction on Ironclad, a new $100 million mixed-use development at Chicago and Washington Avenues in the historic Mills District near U.S. Bank Stadium in downtown Minneapolis.

Owned and developed by Kharabunda Management, the 418,864-square-foot project brings additional housing, hospitality and retail to the East Town district and the Downtown East Neighborhood.

Ironclad was designed by Minneapolis-based Collage Architects and features a 14-story, 172-unit apartment building and an eight-story Moxy branded hotel. The development also includes retail space on the first floor of the hotel and underground parking for 400 cars. The upscale residential apartments feature a swimming pool, hot tubs, private outdoor terraces, sky lounge and a large amenity deck with green space. The property also includes fire pits, bike repair facility, pool table and gaming, and on on-site property manager.

Managed by Graves Hospitality Corporation, the 140-room Moxy Downtown hotel is part of a new hotel franchise by Marriott Hotels.