Gold Coast

The grand totals for Minneapolis riverfront developement are staggering. Look closely at the bottom line of 11 proposed projects.

MILL RUINS PARK

Total public cost:
about $30 million

STONE ARCH BRIDGE

Total public cost: $2.8 million

THE WASHBURN A-MILL

Future home of the Minnesota Historical Society's St. Anthony Falls interpretive center

Total public cost:$14.9 million

WHITNEY MILL QUARTER

Hotel and office buildings

Total public cost: $36 million

Total unpaid back taxes:
$7 million

NORTH STAR WOOLEN MILLS & THE GENERAL MILLS UTILITY BUILDING

Future high-buck condos

Total public cost: $15.5 million

Public subsidy per unit: $180,000

THE MILWAUKEE
ROAD DEPOT

Future hotel (featuring luxury
meeting suites) and skating rink

Estimated public cost
(low estimate):
$27 million

PARKING

Future sites of new
housing developments

Public cost: Unknown

THE LANDINGS AND THE LANDINGS DOWNRIVER

Rottlund Homes-built townhouses

Public cost: $6.6 million

WEST RIVER PARKWAY

Public cost:$10.4 million so far

GENERAL MILLS ELEVATOR

Future site of the new Minnesota Twins stadium. If...

Public cost: $10 million for
purchase and demolition

LIGHT RAIL TRANSIT

City planners' dream

Total cost:Hundreds of millions

 
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