CONSTRUCTION PIPELINE

Twin Cities Q3 2025

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 8/18/2025, 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 NameAddressCityStateZIPUnit CountProperty StatusForecasted Completion DateStart of Rent-Up
Copper Ridge 9th8867 Granite CtWoodburyMN55129111In Pre-Lease / Lease Up PhaseSep-24Aug-24
The Fox & The Grouse6901 Flying Cloud DrEden PrairieMN55344415In Pre-Lease / Lease Up PhaseJan-25Oct-24
The Nash1003 148th St WRosemountMN55068250In Pre-Lease / Lease Up PhaseJan-25Nov-24
The Brooks9900 56th Ave NPlymouthMN55442219In Pre-Lease / Lease Up PhaseFeb-25Dec-24
The Upland1875 Paulson RdRiver FallsWI54022106In Pre-Lease / Lease Up PhaseMar-25Jan-25
Norheim Townhomes17250 98th Way NMaple GroveMN55311208In Pre-Lease / Lease Up PhaseApr-25Jan-25
Norheim Townhomes17250 98th Way NorthMaple GroveMN55311208In Pre-Lease / Lease Up PhaseApr-25Feb-25
Sandhill Parkway Townhomes19025 Baltimore St NEEast BethelMN55011105In Pre-Lease / Lease Up PhaseApr-25Feb-25
Landmark Tower345 Saint Peter StSaint PaulMN55102187In Pre-Lease / Lease Up PhaseApr-25Feb-25
Parallel415 County Road B WRosevilleMN5511386In Pre-Lease / Lease Up PhaseApr-25Mar-25
The Knox1801 American Blvd WestMinneapolisMN5543199In Pre-Lease / Lease Up PhaseApr-25Mar-25
The Finch4620 West 77th StreetMinneapolisMN55435276In Pre-Lease / Lease Up PhaseMay-25Mar-25
Vale Apartments11816 Wayzata BlvdMinnetonkaMN55305197In Pre-Lease / Lease Up PhaseJul-25Apr-25
The Rowe7980 Rose StVictoriaMN55386125In Pre-Lease / Lease Up PhaseJul-25Jun-25
Hickory Grove1201 Enterprise DriveBelle PlaineMN56011144In Pre-Lease / Lease Up PhaseJul-25Jun-25
Carver Place1591 Hartwell DrCarverMN5513560In Pre-Lease / Lease Up PhaseAug-25Jul-25
The Gramsie155 Gramsie RdSaint PaulMN5512684In Pre-Lease / Lease Up PhaseAug-25Jul-25
Oberon1160 Frost AvenueMaplewoodMN55109150In Pre-Lease / Lease Up PhaseAug-25Jul-25
Forest Creek19948 Headwaters Blvd NForest LakeMN5502571In Pre-Lease / Lease Up PhaseSep-25Aug-25
Archway Residences421 South Green AvenueNew RichmondWI5401778Under ConstructionOct-25
Rye Apartments21401 Dushane PkyFarmingtonMN55024168Under ConstructionOct-25
The Juniper1310 Frost AveMaplewoodMN5510965Under ConstructionNov-25
Opportunity Crossing3030 Nicollet AveMinneapolisMN55408110Under ConstructionNov-25
Chisago Lake Aparmtents29586 Sportsman DriveChisago CityMN55013121Under ConstructionDec-25
Skyline on Sunwood7545 Sunwood Drive NWRamseyMN55303133Under ConstructionJan-26
The Murphy15425 Dakota AveSavageMN55372105Under ConstructionJan-26
Edina Grand Apartments3400 Edinborough WayEdinaMN55435136Under ConstructionFeb-26
Gallery of Savage6285 154th StreetPrior LakeMN55372105Under ConstructionFeb-26
Willows of Annandale160 Brookdale BlvdAnnandaleMN5530290Under ConstructionFeb-26
900 Wayzata Blvd900 Wayzata BlvdWayzataMN5539170Under ConstructionMar-26
140 S Olive St Apartments140 S Olive StWaconiaMN5538792Under ConstructionMar-26
900 Wayzata Blvd E Apartments900 Wayzata Blvd EWayzataMN5539170Under ConstructionMar-26
Reserve at Settlers Ridge417 Karen DriveWoodburyMN55129252Under ConstructionApr-26
Brookgreen Townhomes1496 Pebble TrlRiver FallsWI54022100Under ConstructionApr-26
1213 E Franklin Ave Apartments1213 E Franklin AveMinneapolisMN5540483Under ConstructionApr-26
The Winn8200 Golden Valley RdGolden ValleyMN55427303Under ConstructionApr-26
Copper at Rosecott14215 Adalyn AveRosemountMN55068141Under ConstructionMay-26
Orchard Place Apartments15690 English AveApple ValleyMN55124128Under ConstructionMay-26
Ever Apartments6701 West 78th StreetMinneapolisMN55439208Under ConstructionJun-26
Olivine Apartments2000 Stieger Lake LaneVictoriaMN55386145Under ConstructionJun-26
Stella386 North Wabasha StreetSt. PaulMN55102178Under ConstructionJun-26
Volta175 W Burnsville PkyBurnsvilleMN55337172Under ConstructionJun-26
The Brook6001 94th Avenue NorthBrooklyn ParkMN55445192Under ConstructionJun-26
Arbor West Apartments4631 Rosemary WayHugoMN5503889Under ConstructionAug-26
Marlowe Opus Station10702 Red Circle DriveMinnetonkaMN55343269Under ConstructionOct-26
Doran Harbor Development3030 Harbor Lane NorthPlymouthMN55447352Under ConstructionOct-26
Cray Plaza175 E 5th StSaint PaulMN55101200Under ConstructionDec-26
The Harlow575 West 78th StreetChanhassenMN55317126Under ConstructionDec-26
250 Fremont Avenue250 Fremont Avenue NorthMinneapolisMN55405235Planned
Trails End CommonsSEC Elrene Road & Yankee Doodle RoadEaganMN55121104Planned
Red Rock Square IIIMaxwell Avenue & Red Rox CrossingNewportMN5505551Planned
Dorian140 Julia Avenue NorthLake ElmoMN55042190Planned
Parcel C at 4Front34th Street North & High Point Drive NorthOakdaleMN55128175Planned
Sundance Stillwater12055 80th Street NorthStillwaterMN55082179Planned
The Bluffs580 Highway 96 WestShoreviewMN55126268Planned
ParkEra16800 Highway 55PlymouthMN55446210Planned
Avienda VillageLyman Blvd & Powers BlvdChanhassenMN55317465Planned
The Bennett591 West 78th StreetChanhassenMN55317184Planned
Downtown WestSteiger Lake Lane & Quamoclit StreetVictoriaMN55386149Planned
Sundance Lakeville162nd Street West & Buck Hill RoadLakevilleMN55044176Planned
Oneka Fields15690 Goodview Avenue NorthHugoMN5503860Planned
Davenport Street209th Avenue NE & Davenport Street NEEast BethelMN55011104Planned
Sandhill Parkway19025 Baltimore Street NEEast BethelMN55011105Planned
Monticello7th Street West & Elm StreetMonticelloMN5536267Planned
Cooper Avenue1918 West St Germain StreetSt. CloudMN56301136Planned
Preserve at Stone Gate Phases I & II2950 Nottingham RoadSt. CloudMN5630166Planned
Scout HavenBrianna Dr & Leander AveSartellMN56377500Planned
Bella Rose Phase II690 Elizabeth WayHudsonWI5401692Planned
East Point Douglas6850 East Point Douglas Road SouthCottage GroveMN55016144Planned
610 West Phase II6717 Oak Grove PkwyBrooklyn ParkMN55445115Planned
Village Creek7621 Brooklyn BlvdBrooklyn ParkMN5544383Planned
Rogers Downtown21501 John Deere LaneRogersMN5537466Planned
Fremont Avenue3016 Fremont Avenue SouthMinneapolisMN5540878Planned
Landmark West Lake Quarter3430 List PlaceMinneapolisMN55416243Planned
Parkway One4051 State Highway 7St. Louis ParkMN5541673Planned
The BoulevardBass Lake Road & Northwest BlvdPlymouthMN55442100Planned
Highway 5510th Avenue North & Trenton Circle NorthPlymouthMN55441342Planned
Collection at Highland Bridge Phase II800 Cretin Avenue SouthSt. PaulMN55116180Planned
Grand Row1963 Grand AvenueSaint PaulMN5510575Planned
Kimball Court Redevelopment545 Snelling Avenue NorthSt. PaulMN5510498Planned
Station Plaza29th Avenue South & East 38th StreetMinneapolisMN55406145Planned
Upper Harbor Terminal Redevelopment3700 North Washington AvenueMinneapolisMN55412520Planned
325 Blake Road325 Blake Road NorthHopkinsMN55343607Planned
Beltline Station4601 Highway 7St. Louis ParkMN55416380Planned
Terasa5401 Gamble DriveSt Louis ParkMN55416223Planned

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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