Posted Dec 8, 2019, 2:45 PM
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Join Date: Mar 2018
Posts: 678
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EDINA (MN) | Southdale Lifetime Tower | XXX FT | ~25 FLOORS
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Akradi isn’t stopping, either. His next project at the Southdale shopping mall includes a bold proposal to use the former Herberger’s department store site to build a 25- or 26-story apartment tower within walking distance of his new health club. It would be the company’s first endeavor into residential development in the Twin Cities.
“My vision … was to take Southdale, which was the first enclosed mall in the United States, and reinvent it to be once again the place people want to be, they want to stay, they want to work, they want to entertain, they want to eat,” said Akradi, laying out a broad vision of growth for the company. “It has everything it needs.”
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Life Time, along with Simon Property Group, is in preliminary discussions with Edina city leaders about the apartment tower proposal. Last week, Edina’s community development director said he had not received an official project submission. The project could have an uphill battle, looking at the road for other proposals for dense residential developments in recent years.
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Life Time’s plan for the Herberger’s site calls for an apartment tower with about 300 apartments — and also a Kowalski’s Market and the Edina library — to open in 2022, pending city approvals. The library would move from Xerxes Avenue.
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http://www.startribune.com/life-time...els/565901032/
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