Downtown Facts

Meet Up Downtown

We continue to see incredible growth, development, and investment in our downtown community. Downtown and its five neighborhoods are currently home to 216,000 employees and 56,748 residents. Here are a few key facts and figures that highlight downtown’s vitality.

Key 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