Coon Rapids developer Jim Stanton received approval this week from the Minneapolis Planning Commission for his biggest downtown condo project yet: The Legacy, a 374-unit building near the banks of the Mississippi River. Next stop for the project is a vote by the Minneapolis City Council.
The commission was asked to approve a request to rezone the land and to issue a conditional-use permit. The developer was also asking for permission to exceed height restrictions in the area, which currently limit buildings to six stories or 84 feet, according to a city staff report. The height of the proposed building is 17 stories or 190 feet in height.
Through his Coon Rapids-based Shamrock Development, Stanton first proposed the project in February after he bought a surface parking lot and the shuttered Cenveo Building, which is now being demolished.
The 4.27-acre site is at 121 12th Av. S., one block