Community Planning & Economic Development

Phone: (612) 673-5095
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Stinson Technology Campus

Stinson Boulevard NE and Kennedy NE

Hillcrest Development has purchased and rehabbed many structures in the proposed campus. Several of the buildings were renovated for high technology tenants such as Qwest.

Developer: Hillcrest Development-Excel Management LLC and RREEF Funds
Type of Financing: $16.6 million Pay-as-you-go notes
  Tax Increment Financing
City Investment: $2.9 million
Total Development Cost: $88 million
Gross Site Size: 3.7 million square feet
Jobs Created: 1,500
Renovation Began: 1999
Completed: 2003
Contact: CPED Project Coordinator Erik Hansen (612) 673-5022.

February 2004

Last updated May. 3, 2012