A place with a point of view
Towerside is a new century nexus for people to live, work, learn, research, explore and engage. Towerside represents a new way of thinking about a significant area of underdeveloped land in the heart of the Twin Cities. It’s a place that embodies the old-world principles of community gathering spaces and walkability. It is a rich mix of spaces, places and activities supported by a district-wide network of innovative services and systems including stormwater management, heating, cooling and energy, as well as parking and a connecting green public realm. It's an inviting place with a catalytic atmosphere that will inspire a community that is diverse, inclusive, vibrant, and responsive to ever-evolving opportunities and discovery, thereby enriching every-day living and working. Towerside will magnify the return on both private and public investment in the area.
Towerside is 370 acres of opportunity in the heart of the metro area, extending from the University of Minnesota campus in Minneapolis east into St. Paul. The district is served by three Green Line LRT Stations, is at the geographic center of the St. Paul/Minneapolis interstate highway system and adjacent to the University’s athletic and bio-discovery facilities. Towerside is the only duly designated innovation district in the Twin Cities with the intent to mix entrepreneurs, residents, researchers, developers and businesses with a new, restorative, healthy and arts-inspired community. It is a national model for developing a thriving equitable urban community.
What is an innovation district?
Innovation districts are economic development frameworks within which partnerships of higher education institutions, businesses and government fuel job growth and redevelopment in physically compact, transit-accessible and technologically advanced targeted locations. Towerside Innovation District sets the bar higher because innovation is baked into everything we say, do and build; it’s part of our DNA. From our geography and district systems to our developments and connective public realm, Towerside intentionally builds its community on the foundation of innovative thinking.
Where Did the Vision Come From?
Towerside is the advancement of a community-born vision where collaboration, planning and investment yield successes well beyond what typical scatter-shot market development could achieve. The vision has come to life as a result of the partnership of developers, businesses, community residents, higher education institutions, non-profit organizations and government agencies working to fuel job growth, redevelopment and innovation adjacent to the University of Minnesota, one of the nation’s largest leading research universities. Towerside is envisioned as a living laboratory demonstration of the values and principles of 21st century urban redevelopment and living.
The following stakeholders are bringing the Towerside vision to reality:
- Blue Cross and Blue Shield of Minnesota
- CenterPoint Energy
- Central Funders Collaborative
- City of Minneapolis
- City of St. Paul
- The Cornerstone Group
- Creative Enterprise Zone
- Dorsey & Whitney LLP
- Ever-Green Energy
- Family Housing Fund
- Greater MSP
- Hennepin County
- McKnight Foundation
- Metropolitan Design Center
- Minneapolis Public Housing Authority
- Minneapolis Park and Recreation Board
- Mississippi Watershed Management Organization
- Prospect Park 2020
- Prospect Park Association
- Prospect Park Properties
- Ramsey County
- Surly Brewing
- St. Anthony Park Community Council
- Trust for Public Land
- Twin Cities Community Land Bank
- ULI Minnesota
- University of Minnesota Foundation Real Estate Advisors
- United Properties
- The Wall Companies
- Xcel Energy