Grain Belt Brew House
1220 Marshall Street NE
The Grain Belt Brew House is an historic landmark that had remained vacant and unused for more than 20 years. It is the primary historic structure of the Grain Belt Historic District Complex, which is listed on the National Register of Historic Places. Redevelopment involved historic preservation and reuse of this historic landmark as commercial office space owned by Ryan Companies and leased to RSP Architects Ltd.
| Developer: | Ryan Companies |
| Public Investment: | $14,032,000 |
| Financing Sources: | $5,000,000 Equity & Private Financing $1,640,000 Refinance Depot $1,500,000 Upper River Fund $1,250,000 Fed. HP Tax Credits to Developer $1,000,000 Minneapolis Industrial Land Employment Strategy funds $965,000 New Tax Increment $500,000 City General Fund $150,000 Urban Revitalization Action Program Commercial $140,000 Existing planning funds $1,646,000 Met Council Abatement $444,000 DTED Redevelopment Grant $2,000,000 Development Account $4,050,000 Common Project Funds |
| Total Development Cost: | $20,300,000 |
| Building Size: | 100,000 square feet |
| Renovation Began: | Fall 2000 |
| Completion Date: | February 2002 |
| Contact: | CPED Project Coordinator Judy Cedar (612) 673-5025 |
February 2002
Last updated Jun. 4, 2012