Completion of 26-Story Apartment Building Brings Luxury Living to Minneapolis’ Nicollet Mall – Real Estate Matters
Architecture & Design, Minneapolis / St. Paul Housing, Twin Cities Real Estate, Urban Planning

Completion of 26-Story Apartment Building Brings Luxury Living to Minneapolis’ Nicollet Mall

The Nic on Fifth™ is the first high-rise luxury apartment development in downtown Minneapolis in nearly three decades. Recently completed by Minnetonka-based Opus Group, the 26-story luxury apartment building is located on the corner of Fifth Street and Nicollet Mall. It features 20,000 square feet of retail space and skyway levels with 253 apartment units above (including 26 penthouses). The building already started welcoming new residents since September 12 of this year and so far, it is more than 60 percent leased. The Opus Group adds that The Nic on Fifth™ reflects current and future needs of the urban center of more than 35,000 residents and aligns with the city of Minneapolis’ vision of expanding the downtown population to 70,000 by 2025.

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