Pohlad Cos. will move seven of its businesses and about 340 of its employees into the RBC Gateway, the new tower being built in downtown Minneapolis by its development firm, United Properties.
The employees will move into the RBC Gateway in early 2022 and will occupy three floors and 96,000 square feet in the 37-floor, 1.2-million-square-foot building. Almost half of the building's square footage will be dedicated to office space.
RBC Wealth Management will occupy 10 floors as the building's largest tenant. The building will also include a Four Seasons Hotel and private residences.
In addition to United Properties, the Pohlad firms that will move into the new tower are real estate finance company NorthMarq, car dealership group Carousel Motor Group, the Pohlad Family Foundation, Pohlad Investment Group, CRP Holdings and Marquette Cos.
Most of these companies are relocating from elsewhere downtown, but it sounds like NorthMarq is a net "get" for the city and are moving in from Bloomington.
You can see from the sand pile next to the drill rig that they are drilling the caissons down through the limestone layer and into the sandstone below.
Progressing fast! I would expect them to be switching hauling methods soon... I witnessed two trucks that were unable to get up the now quite steep exit ramp under their own power, and had to be pushed out by a bulldozer. Managed to get a photo of the 2nd one.
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