For the first time since 2000, Minneapolis construction projects have topped $1 billion. That is right— BILLION. In 2012 to date, 12,161 building permits have been issued in the city. Housing is also up from previous years. Through November 27, the City issued building permits for 3530 new housing units, compared to a previous high of 2732 in 2004.
The top 5 building projects in Minneapolis (by building permit valuation) are:
1. Loring Park Aparments
2. Whole Foods
3. Orchestra Hall addition
4. Soo Line Apartments
5. Childrens Hospital/Abbott Northwestern addition
It is great to have construction back in Minneapolis!