Mixed-Use Development Opportunity Chicago Ave S Minneapolis

This two‑parcel, 0.39‑acre development opportunity in the Phillips West neighborhood offers a rare, recession‑resistant platform for mixed‑use delivery amid a looming supply cliff in Minneapolis. Strategically positioned to serve the $1.2B Abbott Northwestern expansion—scheduled to open in late 2026—the site is uniquely suited to capture demand from a large, high‑income medical workforce seeking modern, secure, walk‑to‑work housing. Existing neighborhood inventory, largely aging and functionally obsolete, is unable to meet this demand, creating a compelling window for new, purpose‑built development.

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