Downtown Facts

demographics and population

56,748 downtown residents
5,460 new residents since the beginning of 2020
216,000 employees work in office in some capacity each week

Investment

Downtown added 812 new apartment units in 2022.
Downtown Minneapolis accounts for 36.1% of all Twin Cities office space.
Minneapolis topped $1 billion in new construction permits for the 11th straight year.
$1.02 billion of the $1.9 billion permitted were from downtown Wards 3 and 7.
Eleven, featuring 118 condo homes, is the tallest building constructed in Minnesota
since 1992.

top 15 downtown employer

1. Target – 7,100
2. Hennepin Healthcare – 6,993
3. Hennepin county – 5,524
4. Wells Fargo – 5,500
5. Ameriprise – 4,501
6. U.S. Bank – 4,364
7. Xcel Energy – 2,686
8. City of Minneapolis – 1,954
9. RBC Wealth Management – 1,709
10. SPS Commerce – 1,346
11. Thrivent – 1,034
12. Deloitte – 1,019
13. Federal Reserve Bank – 1,004
14. Strategic Education, Inc. – 989
15. Be The Match – 901