CONSTRUCTION PIPELINE

Twin Cities Q1 2026

0

UNITS UNDER CONSTRUCTION

0

IN PRE-LEASE /
LEASE UP PHASE

0

UNITS PLANNED

Construction Pipeline

Pre-Lease Absorption Rate by Month

Forecasted Delivery Dates

Pipeline Status Breakdown by City

Pipeline Data Map

Note on Pipeline Coverage
For clarity, this report does not track prospective/proposed developments. The volume of early-stage proposals continues to expand and often lacks sufficient detail, timeline certainty, or likelihood of delivery to provide reliable insight.
Instead, our focus remains on projects that have advanced further in the development cycle—specifically those under construction, and in the planning stages. This ensures the pipeline data reflects projects with higher execution probability and more direct implications for market supply.
Disclaimer: The property data depicted in our reports is sourced from third-party providers and government sources. MMG does not directly collect or track this information. Due to the nature of external data collection, some properties may be omitted, which is beyond our control. Furthermore, the pipeline dataset was assembled on 2/10/2026, and changes in project statuses or new additions to the pipeline may not be reflected by the time of publication. While we strive to provide actionable and useful data, we do not guarantee its completeness. Clients are advised to verify all property details independently.

Full Data Table

Property NameProperty AddressCityStateZip CodeUnit CountProperty StatusCompletion Date
The Rowe7980 Rose StVictoriaMN55386125In Pre-Lease / Lease Up PhaseJul-25
The Gramsie Apartments155 Gramsie RdShoreviewMN5512684In Pre-Lease / Lease Up PhaseAug-25
Oberon1160 Frost AveSaint PaulMN55109150In Pre-Lease / Lease Up PhaseAug-25
The Gramsie155 Gramsie RoadSaint PaulMN5512684In Pre-Lease / Lease Up PhaseAug-25
The Preserve at Pintail Ponds160 Ash Street EastAnnandaleMN5530258In Pre-Lease / Lease Up PhaseSep-25
Forest Creek Estates19948 Headwaters Blvd NForest LakeMN5502571In Pre-Lease / Lease Up PhaseSep-25
Brookgreen Townhomes1496 Pebble TrlRiver FallsMN54022100In Pre-Lease / Lease Up PhaseSep-25
Rye Apartments21401 Dushane PkyFramingtonMN55024168In Pre-Lease / Lease Up PhaseOct-25
Archway421 S Green AveNew RichmondMN5401778In Pre-Lease / Lease Up PhaseNov-25
Bohemia Flats100 Chalupsky Ave SENew PragueMN5607154In Pre-Lease / Lease Up PhaseNov-25
Skyline on Sunwood7545 Sunwood Drive NWRamseyMN55303133In Pre-Lease / Lease Up PhaseNov-25
Chisago Lake29586 Sportsman DriveChisago CityMN55013121In Pre-Lease / Lease Up PhaseDec-25
The Crossing at Ritter Meadows20457 Keystone AveLakevilleMN55044263In Pre-Lease / Lease Up PhaseJan-26
The Murphy15425 Dakota AvenueSavageMN55372105In Pre-Lease / Lease Up PhaseFeb-26
The Waldo1880 English StMaplewoodMN5510956In Pre-Lease / Lease Up PhaseFeb-26
The Winn8200 Golden Valley RdGolden ValleyMN55427303In Pre-Lease / Lease Up PhaseFeb-26
Willows of Annandale160 Brookdale BlvdAnnandaleMN5530290In Pre-Lease / Lease Up PhaseFeb-26
Latitude 45763 Parent StSomersetWI54025112In Pre-Lease / Lease Up PhaseMar-26
Oneka Fields Townhomes15853 Goodview Ave NHugoMN5503860In Pre-Lease / Lease Up PhaseMar-26
Stella386 Wabasha St NSaint PaulMN55102178In Pre-Lease / Lease Up PhaseMar-26
Olivine Apartments2000 Stieger Lake LnVictoriaMN55386145Under ConstructionApr-26
Argenta Townhomes7398 Arch WayInver Grove HeightsMN55077159Under ConstructionApr-26
The Reserve at Settlers Ridge417 Karen DrWoodburyMN55129252Under ConstructionApr-26
Wilford140 S Elm StWaconiaMN5538792Under ConstructionMay-26
Ever Apartments6701 W 78th StBloomingtonMN55439208Under ConstructionMay-26
Copper at Rosecott14215 Adalyn AvenueRosemountMN55068141Under ConstructionMay-26
Norra910 Wayzata BlvdWayzataMN5539170Under ConstructionMay-26
Solene Apartments3130 Monterey Ave SMinneapolisMN55416146Under ConstructionJul-26
254 S Chestnut St254 S Chestnut StEllsworthWI5401150Under ConstructionJul-26
Arbor West4631 Rosemary WayHugoMN5503889Under ConstructionAug-26
Arbor West Apartments4631 Rosemary WayHugoMN5503889Under ConstructionAug-26
Orchard Path IICobblestone Lake Pky SApple ValleyMN5512475Under ConstructionAug-26
Rone3060 Harbor Ln NPlymouthMN55447176Under ConstructionAug-26
The Brook6001 94th Avenue NorthBrooklyn ParkMN55445189Under ConstructionAug-26
1213 E Franklin Ave1213 E Franklin AveMinneapolisMN5540483Under ConstructionSep-26
Hamel Road Apartments500 Hamel RoadMedinaMN5534089Under ConstructionSep-26
Bellamy Minnetonka10702 Red Circle DrMinnetonkaMN55343269Under ConstructionOct-26
Highland Bridge2230 Ford PkwySt. PaulMN5511697Under ConstructionOct-26
Orchard Place Apartments15690 English AveApple ValleyMN55124135Under ConstructionOct-26
The Bennett Apartments591 W 78th StChanhassenMN55317184Under ConstructionOct-26
Cray Plaza Redevelopment175 E 5th StSaint PaulMN55101200Under ConstructionDec-26
The Harlow575 W 78th StChanhassenMN55317126Under ConstructionDec-26
The Dorian140 Julia Ave NLake ElmoMN55042190Under ConstructionJan-27
Belterra13001 County Road 10PlymouthMN55442207Under ConstructionApr-27
Beltline Station3285 Beltline BlvdSaint Louis ParkMN55416152Under ConstructionApr-27
Avienda ApartmentsPowers BlvdChanhassenMN55317412Under ConstructionMay-27
The Setting7200 France Ave SEdinaMN55435150Under ConstructionJun-27
250 Fremont Ave N250 Fremont Ave NMinneapolisMN55405235Planned
325 Blake Road325 Blake Road NorthHopkinsMN55343607Planned
Avalon EstatesJefferson Blvd & Lakeshore DriveBig LakeMN55309106Planned
Avienda VillageLyman Blvd & Powers BlvdChanhassenMN55317412Planned
Cedar MeadowsNWC Eveleth Avenue & North AvenueNorthfieldMN55057100Planned
Cooper Avenue1918 West St Germain StreetSt. CloudMN56301136Planned
Davenport Street209th Avenue NE & Davenport Street NEEast BethelMN55011104Planned
Downtown WestSteiger Lake Lane & Quamoclit StreetVictoriaMN55386149Planned
Ellwyn6850 East Point Douglas Road SouthCottage GroveMN55016144Planned
Enclave Helmo Station7600 3rd Street NorthOakdaleMN55128374Planned
Fremont Avenue3016 Fremont Avenue SouthMinneapolisMN5540878Planned
Grand Row1963 Grand AvenueSt. PaulMN5510575Planned
Greenway Terrace Phase II7562 146th Avenue NWRamseyMN5530360Planned
Hadley Avenue100th Street South & Hadley Avenue SouthCottage GroveMN55016164Planned
Heights Ridge1515 44th Avenue NEColumbia HeightsMN5542162Planned
Highway 5510th Avenue North & Trenton Circle NorthPlymouthMN55441342Planned
Kimball Court Redevelopment545 Snelling Avenue NorthSt. PaulMN5510498Planned
Landmark West Lake Quarter3430 List PlaceMinneapolisMN55416243Planned
Mayhew Lake Ridge Estates18th Street NE & Mayhew Lake Road NESauk RapidsMN5637976Planned
Metcalf Park2250 Diffley RoadBurnsvilleMN55337245Planned
ParkEra16800 Highway 55PlymouthMN55446210Planned
Plymouth Plaza1455 County Road 101PlymouthMN55447195Planned
Preserve at Stone Gate Phases I & II2950 Nottingham RoadSt. CloudMN5630166Planned
Rogers Downtown21501 John Deere LaneRogersMN5537466Planned
Scout HavenBrianna Dr & Leander AveSartellMN56377500Planned
Sundance Lakeville162nd Street West & Buck Hill RoadLakevilleMN55044176Planned
Sundance Stillwater12055 80th Street NorthStillwaterMN55082179Planned
Terasa5401 Gamble DriveSt Louis ParkMN55416223Planned
Tessman Ridge Phase II7100 85th Avenue NorthBrooklyn ParkMN5544575Planned
The BoulevardBass Lake Road & Northwest BlvdPlymouthMN55442100Planned
Trails End CommonsSEC Elrene Road & Yankee Doodle RoadEaganMN55121104Planned
Upper Harbor Terminal Redevelopment3700 North Washington AvenueMinneapolisMN55412520Planned
Victoria SouthEngler Blvd & Victoria DriveChaskaMN55318278Planned
Village Creek7621 Brooklyn BlvdBrooklyn ParkMN5544383Planned
WillowBrooke40th Street North & Hayward Avenue NorthOakdaleMN5512898Planned

METHODOLOGY

Alex Blagojevich

Alex Blagojevich

Executive Managing Director / Co-Founder
alex.blagojevich@mmgrea.com
Michael-Sullivan

Michael Sullivan

Executive Managing Director / Co-Founder

michael.sullivan@mmgrea.com

Brett

Brett Meinzer

Managing Director

brett.meinzer@mmgrea.com

Kyle Shoemaker

Kyle Shoemaker

Managing Director

kyle.shoemaker@mmgrea.com

Simon Turner

Simon Turner

Senior Director

simon.turner@mmgrea.com

Bill Brading

Bill Brading

Senior Director

bill.brading@mmgrea.com

Thomas

Thomas Skevington

Senior Advisor

thomas.skevington@mmgrea.com

Jake Sullivan_2023

Jake Sullivan

Senior Advisor

jake.sullivan@mmgrea.com

We're proud to advise our clients about more than just their assets. Gain comprehensive insight into the multifamily industry with our exclusive, on demand access to actionable market intelligence.

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Construction Pipeline Report Methodology

Market Snapshot

Existing Units:  An estimate of the number of units in properties with 50 or more units.

Total Units Under Construction Or In Lease Up: Units being built or pre-leased as of February 2024, for projects with 50+ units.

Units Delivering in Next 4Q: Units expected to complete by the end of Q1 2025.

Share Of Existing Inventory UC: Percentage of units under construction relative to existing stock.

Construction Pipeline Status

Prospective: Early-stage project concepts.

Planned: Projects with approved conceptual plans by planning/zoning authorities.

Under Construction: Actively developed properties.

UC/Lease-Up: Properties under development and pre-leasing.

Rental Category

Discretionary: Resort-quality properties targeting high-income renters or those choosing to rent over owning.

High Mid-Range: Appeals to dual-income households with incomes similar to those in the discretionary category.

Low Mid-Range: Targets working professionals in “gray collar” jobs (e.g., police, firefighters, teachers, technicians).

Workforce: Aimed at blue-collar workers with lower incomes.

Pipeline Map & Data Table

Data sourced from Yardi Matrix. While accuracy is prioritized, the exactness of data cannot be guaranteed.

Construction Pipeline Map

The information provided in this construction pipeline map is obtained from Yardi Matrix. While every effort has been made to ensure that the information contained in the map is as accurate as possible, MMG REA does not warrant, endorse, or guarantee the completeness, accuracy, or reliability of the information.

Users of the map should be aware that the data related to properties, including but not limited to locations, statuses, and details, may be subject to change without notice. MMG REA shall not be liable for any errors, omissions, or inaccuracies in the information or for any user’s reliance on the information. Users are encouraged to validate the information with other sources in the field to confirm any details or obtain further information.

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