Plans for a food hall in Minneapolis' Prospect Park neighborhood have evolved to include 287 apartments and a grocery store and possibly office space.
As part of the first phase of development for a tract of land near Surly Brewing Co., Wall Development Co. wants to construct a three-building, mixed-use development. The proposal is scheduled to be discussed at Thursday's planning commission committee of the whole meeting.
Patricia and John Wall, the pair behind Wall Development, announced last year their plans to create the Malcolm Yards Market food hall in the former Harris Machinery Co. building on the site.
"I think it's going to be a very exciting new development in Minneapolis," Patricia Wall said Monday in an interview.
John Wall first started acquiring land in Prospect Park in 1999. He originally intended to create a research-and-development park dedicated to biotechnology. About two and a half years ago, the pair got the idea to create a food hall on the site, said Patricia Wall. "I felt like we needed a food hall here," she said.
Along with partner Eclectic Collective, which operates several food halls in the Denver area, Wall Development plans to have about 10 food vendors as well as manage a central bar. There would be a large outdoor seating area.
There also would be a greenway link on the northern edge of the property that would serve as a pedestrian- and bike-friendly connection between the Prospect Park light-rail station and the Surly brewery.
The Walls predict Malcolm Yards customers would likely visit Surly across the street and vice versa. Malcolm Yards Market is expected to open next year.
The apartment buildings would be six stories tall. The market-rate apartments with 145 units will have 33,000 square feet of commercial space that appears to be slated for a grocery store. Construction on the market-rate apartment building is expected to start next spring and open in the summer of 2020.
The other 142-unit building will be exclusively affordable apartment units and construction likely will begin in 2020.
The project will offer more than 430 parking spaces with the majority provided in an underground parking garage.
The three-building development is the first phase of the Malcolm Yards plan. The site is part of a 17-acre area of land owned by Wall Development.
"Future phases of development will continue to focus on jobs, which the Prospect Park neighborhood and the city want to see," said Jeff Ellerd, Wall's director of project management.
The next phase of Malcolm Yards will likely include a mix of uses that could include offices, maker space or a company's corporate headquarters.
Nicole Norfleet • 612-673-4495 Twitter: @nicolenorfleet
