Alatus' 6-story project on Central Avenue in Columbia Heights opened in fall 2022 and is now leasing. The 266-unit, multi-family stick-frame midrise on 2.3 acres in Columbia Heights, MN, just a 12-minute drive from downtown Minneapolis via Central Avenue, a major Twin Cities arterial roadway. The project features best-in-class amenities, including commercial-grade athletic quarters, pool deck and spa offering, remote working suites, private rooftop deck, a golf simulator, and more. 21,000 SF of street-level commercial space built-to-suit as the new City Hall for the City of Columbia Heights; first known development of its kind in the country with market rate apartments combined with a City Hall. 2,500 SF of spec retail space on Central Avenue, targeting a local café offering.
The name Ratio, describes the buildings ability to provide a new point of equilibrium within Minneapolis. Striving to exact a lifestyle that pulls from every side of the city. Embracing the diversity of Columbia Heights and its pitch-perfect location between the energy of the urban center and the comfort of its suburbs. Where the energy of the city is never far from comfort and space at home.
- Total Development Cost: $70.7M
- Completion Date: September 2022