CONSTRUCTION PIPELINE

Twin Cities Q4 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 11/6/2025, 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
The Nash1003 148th St WRosemountMN55068250In Pre-Lease / Lease Up PhaseJan-25Dec-24
The Fox & The Grouse6901 Flying Cloud DrEden PrairieMN55344415In Pre-Lease / Lease Up PhaseFeb-25Jan-25
The Upland1875 Paulson RdRiver FallsMN54022106In Pre-Lease / Lease Up PhaseMar-25Jan-25
Norheim Townhomes17250 98th Way NorthMaple GroveMN55311208In Pre-Lease / Lease Up PhaseMar-25Jan-25
Landmark Tower345 Saint Peter StSt. PaulMN55102187In Pre-Lease / Lease Up PhaseApr-25Jan-25
Sandhill Parkway19025 Baltimore Street NEEast BethelMN55011105In Pre-Lease / Lease Up PhaseApr-25Jan-25
Parallel1415 County Road B WRosevilleMN5511386In Pre-Lease / Lease Up PhaseMay-25Apr-25
The Finch4620 West 77th StreetEdinaMN55435276In Pre-Lease / Lease Up PhaseMay-25Feb-25
Vale11816 Wayzata BlvdMinnetonkaMN55305197In Pre-Lease / Lease Up PhaseJul-25Apr-25
The Rowe7980 Rose StVictoriaMN55386125In Pre-Lease / Lease Up PhaseJul-25May-25
Hickory Grove1201 Enterprise DriveBelle PlaineMN56011144In Pre-Lease / Lease Up PhaseJul-25May-25
Oberon1160 Frost AveSt. PaulMN55109150In Pre-Lease / Lease Up PhaseAug-25Jun-25
The Gramsie155 Gramsie RoadShoreviewMN5512684In Pre-Lease / Lease Up PhaseAug-25Jul-25
Brookgreen Townhomes1496 Pebble TrailRiver FallsMN54022100In Pre-Lease / Lease Up PhaseSep-25Aug-25
Rye21401 Dushane PkwyFarmingtonMN55024168In Pre-Lease / Lease Up PhaseOct-25Aug-25
Archway Residences421 South Green AvenueNew RichmondWI5401778In Pre-Lease / Lease Up PhaseNov-25Oct-25
Skyline on Sunwood7545 Sunwood Drive NWRamseyMN55303133In Pre-Lease / Lease Up PhaseNov-25Sep-25
Chisago Lake29586 Sportsman DriveChisago CityMN55013121In Pre-Lease / Lease Up PhaseDec-25Oct-25
Willows of Annandale160 Brookdale BlvdAnnandaleMN5530290In Pre-Lease / Lease Up PhaseJan-26Dec-25
Stella386 North Wabasha StreetSt. PaulMN55102178Under ConstructionFeb-26
Gallery of Savage15425 Dakota AvePrior LakeMN55372105Under ConstructionFeb-26
The Winn640 Wisconsin Avenue NorthGolden ValleyMN55427303Under ConstructionMar-26
Oneka Fields Townhomes15853 Goodview Ave NHugoMN5503860Under ConstructionApr-26
The Reserve at Settlers Ridge417 Karen DrWoodburyMN55129252Under ConstructionApr-26
Copper at Rosecott14215 Adalyn AvenueRosemountMN55068141Under ConstructionMay-26
Olivine2000 Stieger Lake LaneVictoriaMN55386145Under ConstructionJun-26
Orchard Place15690 English AveApple ValleyMN55124130Under ConstructionJun-26
Ever Apartments6701 West 78th StreetMinneapolisMN55439208Under ConstructionJun-26
Arbor West4631 Rosemary WayHugoMN5503889Under ConstructionAug-26
The Bennett591 West 78th StreetChanhassenMN55317184Under ConstructionOct-26
Marlowe Opus Station10702 Red Circle DriveMinnetonkaMN55343269Under ConstructionOct-26
2230 Ford Apartments2230 Ford PkySaint PaulMN5511697Under ConstructionOct-26
The Heights2251 Larpenteur AveMaplewoodMN551191000Under ConstructionDec-26
Cray Plaza Redevelopment175 E 5th StSt. PaulMN55101200Under ConstructionDec-26
Doran Harbor Apartments3131 Fernbrook Ln NPlymouthMN55447352Under ConstructionDec-26
The Brook6001 94th Avenue NorthBrooklyn ParkMN55445192Under ConstructionDec-26
Harlow575 West 78th StreetChanhassenMN55317126Under ConstructionDec-26
Dorian140 Julia Avenue NorthLake ElmoMN55042190Under ConstructionJan-27
250 Fremont Avenue250 Fremont Avenue NorthMinneapolisMN55405325Under ConstructionJan-27
Belterra13001 County Road 10PlymouthMN55442207Under ConstructionJun-27
Metcalf Park2250 Diffley RoadBurnsvilleMN55337245Planned
Trails End CommonsSEC Elrene Road & Yankee Doodle RoadEaganMN55121104Planned
Parcel C at 4Front34th Street North & High Point Drive NorthOakdaleMN55128175Planned
Sundance Stillwater12055 80th Street NorthStillwaterMN55082179Planned
WillowBrooke40th Street North & Hayward Avenue NorthOakdaleMN5512898Planned
ParkEra16800 Highway 55PlymouthMN55446210Planned
Avienda VillageLyman Blvd & Powers BlvdChanhassenMN55317465Planned
Downtown WestSteiger Lake Lane & Quamoclit StreetVictoriaMN55386149Planned
Cedar MeadowsNWC Eveleth Avenue & North AvenueNorthfieldMN55057100Planned
Sundance Lakeville162nd Street West & Buck Hill RoadLakevilleMN55044176Planned
Davenport Street209th Avenue NE & Davenport Street NEEast BethelMN55011104Planned
Greenway Terrace Phase II7562 146th Avenue NWRamseyMN5530360Planned
Monticello7th Street West & Elm StreetMonticelloMN5536267Planned
Cooper Avenue1918 West St Germain StreetSt. CloudMN56301136Planned
Mayhew Lake Ridge Estates18th Street NE & Mayhew Lake Road NESauk RapidsMN5637976Planned
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
Victoria SouthEngler Blvd & Victoria DriveChaskaMN55318278Planned
Fremont Avenue3016 Fremont Avenue SouthMinneapolisMN5540878Planned
Landmark West Lake Quarter3430 List PlaceMinneapolisMN55416243Planned
Parkway One4051 State Highway 7St. Louis ParkMN5541673Planned
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
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

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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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