The Station at Malcolm Yards’ apartment community builds on neighborhood’s redevelopment success

Source:
The Business Journals
https://www.bizjournals.com/twincities/news/2024/02/23/the-station-at-malcolm-yards-apartment-community.html

Author:
Lauren Lawley Head – Contributor

Article Excerpt:
More than 20 years ago, developer John Wall, President of The Wall Companies, had a vision for turning a former industrial site in Minneapolis’ Prospect Park neighborhood into a home for cutting-edge businesses tapping into research coming out of the University of Minnesota.

It made perfect sense on paper, so Wall started acquiring land. The university’s East Bank campus was nearby, and a research park was an ideal fit for the city’s zoning vision for the neighborhood. Much to Wall’s disappoint, the concept struggled to gain traction. In the meantime, the neighborhood was beginning to transition into a more walkable and livable community as new housing developments began sprouting up along the METRO Green Line light rail with food and beverage establishments, such as Surly Brewing and O’Shaughnessy Distilling, and other retailers filling in the area. After years of effort focused on executing his original plan, Wall decided to pivot to accommodate the area’s changing needs…