East Bank Neighborhood in Northeast Minneapolis
Nicollet Island and the adjoining east-bank bridgehead district offer a microcosm of Minneapolis—this is an area of sometimes striking contrasts. Within a short walk one encounters historic buildings of the 1870s and traditional-looking buildings designed in the 2000s; small, finely detailed old houses and tall, sculptural, modern towers; a rapidly evolving retail-entertainment district anchored by long-time social institutions, memorably, polka nights at Nye's Polonaise Room; and an overall sense of intimate scale adjacent to the expansive Mississippi River.
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East Bank Downtown Minneapolis Condos & Lofts for Sale
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The Recent History of Minneapolis' East Bank Neighborhood
Contrasts bordering on irony are especially noticeable along S.E. Main Street, where the 1970s Main Place redevelopment and the even-more-ambitious 1980s Riverplace project next door both failed financially in their initial programs. Yet they have not only evolved into apparently stable mixed-use formats, but have also attracted hundreds of millions in recent nearby investment, especially a broad range of new housing, but also a Lund's grocery store, which is considered a civic treasure in Minneapolis.
In the process, the area's median income, which only a couple of decades ago was substantially below the average of all city neighborhoods, is now substantially above.
Simply put, Nicollet Island-East Bank is a cool place. This is unsurprising given the visual variety and human diversity, convenience to jobs and leisure, easy access to Downtown and the University of Minnesota by foot, bus, and auto, and its geographic centrality within the Twin Cities.
Minneapolis Condos & Townhomes on the East Bank
The heart of the East Bank neighborhood has been home to many residents for quite some time now. In the mid-80's developers boldly built the high rises, La Rive and the Falls Pinnacle. The Falls Pinnacle had over a 20 year run as a rental community and just recently was converted into condominium living. La Rive is well known as having the best views in town. Not everything in the area is considered high rise living. Lourdes Square, Village Homes, and the upper-end Village Brownstones offer a more intimate neighborhood feel with walk-up style townhome livng. Gourmet grocer, Lunds, has recently planted its roots in a prime piece of real estate at the epi-center of the East Bank / Old St Anthony, while adding luxury modern condimiums above it known as the Cobalt. The newest addition to Minneapolis' luxury condo market is the highly desirable, somewhat understated Phoenix on the River. The Phoenix on the River is the first building of the ambitious multi phase development project called the East Bank Mills.
For a complete list of East Bank Minneapolis Condos and Townhomes click here.
Contact the Asbury Group today to learn more about East Bank homes.