Thank you!
On Thursday, June 26 the homeowners of Loring Green East and Loring Green West celebrated the opening of our shared outdoor plaza. Thank you to all the volunteers for this event and the many groups who helped inform and guide the reinvention of our outdoor spaces!
A recording of the ribbon cutting ceremony and details about our investment in downtown Minneapolis are available below.
Investing in Our Neighborhood
Our Story
We’re a Minneapolis condo neighborhood of 336 homes with a population of 550 people who joined together to spend $30 million to upgrade our two buildings and campus over a ten-year period.
The Dream
In 2017 our two separate homeowners’ associations made plans to renovate our 40-year-old buildings and surrounding property, to be financed by the residents. We created and renovated spaces from top to bottom, and inside and out, resulting in a beautiful campus.
The Plan
We planned for and implemented new, energy-efficient windows, new and conforming railings on porches and balconies, updated brickwork on the building's façade, new signage and exterior lighting, renovated public and common areas, lots of tile and paint and carpet, and a redesigned landscape to complement the Loring Greenway. Our campus now boasts visually appealing buildings and landscaping while retaining the neighborhood feel of “Downtown South.”
Who Are We
We’re both new and long-term homeowners, choosing an urban lifestyle, interested in our urban culture of coffee shops, parks, walkways, with close by places of work and shopping. We thrive in our neighborhood’s vibrancy. Many of us chose to downsize and trade our family homes for an easier yet accelerated lifestyle. We have season tickets for the theater, ball games, and concerts, and we take advantage of great restaurants. We are positive activists. We are downtown Minneapolis.
How Were We Financed?
We planned and financed as a community! We’re doctors, cooks, city employees, teachers, lawyers, engineers, bartenders, architects. Our condo homes are priced attractively, ranging from entry level to luxurious, some homes with smaller square footage, some with large. We paid for the work proportionate to the size of our homes, most of it a little at a time as part of our monthly association fees. For the big expenditures, such as our new windows, some wrote checks, while others took advantage of pre-arranged financing. We worked it out!