Plans approved for $100M rental tower in Minneapolis

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The design for what will be one of Minneapolis’s biggest rental buildings have gotten the green light from planning officials. Developers hope to break ground on the 26-story tower this summer. The Expo, a joint venture between Doran Cos. and CSM Corp., will contain 372 rental units, 3,175 feet of retail space and 400 parking spaces, to be built in a historic district near the Mississippi River. At an estimated cost of more than $100 million, construction on the 2.5-acre site is expected to take two years to complete. [Minneapolis Star Tribune]