The 2025 Plan’s Development Committee is focused on helping the downtown community thrive throw business and residential growth as well as forging connections that will help attract and retain talent for our downtown community.
Committee Chair: Carl Runck – Ryan Companies
Key 2025 Plan Goals:
DOUBLE DOWNTOWN’S RESIDENTIAL POPULATION
Expand the residential population to 70,000 as a catalyst for driving Downtown’s next wave of business vitality, social improvement and cultural renewal. Add 15,000 housing units; expand Class A multi-tenant office space by 3 million square feet; add 1,100 hotel rooms, and build 200,000 square feet of retail space, including at least two new grocery stores.
BUILD A NEW VIKINGS STADIUM IN DOWNTOWN MINNEAPOLIS
A new Vikings Stadium, located on the former site of the Metrodome, will be connected to the region’s busiest transit hub (the Transportation Interchange) and will be designed to maximize Downtown’s long-term entertainment value.
FORGE CONNECTIONS TO THE UNIVERSITY OF MINNESOTA
Leverage the Central Corridor’s light rail service to create a stronger link between campus and Downtown. Extend green corridors over the freeway trench that separates the CBD from the West Bank campus and establish a major new residential district on and around the new Vikings stadium site.