Midwest City Scoop: Construction Starts in Minneapolis
North Region President
“Our backlog is pretty strong for next year, so, timeline wise, everyone is saying we should be near the end of the [growth] cycle, but people are still asking for our services, so we are cautiously optimistic.,” Ryan says.
“The number one market, by a significant clip, is the multifamily residential market. Number two is that there is a very intense industrial building environment going on, so lots of projects in that world. Office is a little cooler. There’s the occasional big consolidation or corporate project that gets done [such as] an expansion to a headquarters.”
Firm in Focus
533 South Third Street, Suite 100, Minneapolis
CEO: Brian Murray
What’s New: Ryan Cos. has developed 10 West End, an 11-story office building that’s part of a larger side office and residential development. The 315,000-sq-ft project is valued at $100 million.