Hillcrest – Edina Pentagon Park Redevelopment – Minnesota - Project Profile
"Hillcrest – Edina Pentagon Park Redevelopment – Minnesota - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Hillcrest Development (Hillcrest) is planning to undertake the Edina Pentagon Park redevelopment project in Hennepin County, Minnesota, the US.
The project involves the construction of a 12-story mixed-use tower on 17ha of land. It includes the construction of 130,064m2 of office space, 3,716m2 of retail spaces, 475 rooms hotel, parking facilities and related infrastructure. The project will be implemented in phases.
The first phase of the project involves the demolishing of six-story office building south of West 77th and overlooking Highway 100.
Bonstra Haresign Architects has been appointed as architect and Knutson Construction as the demolition contractor.
Hillcrest submitted planning applications to the city council on March 18, 2014, and received preliminary planning approvals in May 2014.
The Edina City Council also approved a tax increment financing plan worth up to US$54 million to clean up the site and build infrastructures like street improvements and parking ramps.
The project has received financial support from the city, the state, and the Metropolitan Council.
In September 2014, HD started asbestos abatement and demolition works on the first phase.
On October 23, 2015, Hillcrest held official ground breaking ceremony.
Hillcrest is in process of marketing the space to potential tenants and planning for its next stages.
The project involves the construction of a 12 story mixed-use tower on 17ha of land in Edina, Hennepin County, Minnesota, the US.
The US$500 million project includes the following:
1. Construction of 130,064m2 of office space
2. Construction of 3,716m2 of retail spaces
3. Construction of a 475 rooms hotel
4. Construction of parking facilities
5. Construction of related facilities
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