The Nic on Fifth®

Project Type

Multifamily

Size

253 units

Completion Date

November 2014

Project Location

Minneapolis, MN

Opus Office

Minneapolis

The Nic on Fifth Brings Luxury Living to Minneapolis’ Nicollet Mall

The first high-rise luxury apartment development in downtown Minneapolis in nearly three decades, the 26-story The Nic on Fifthembodies our commitment to making downtown a desirable destination for commerce, residents and visitors.

In September 2014, The Nic on Fifth welcomed its first residents, opening its doors with 40% of the building pre-leased by renters. By early November, it was nearly 60% leased.

"The Nic on Fifth is a great example of what we want to see in downtown Minneapolis. It’s a project that will help us accomplish our goal of doubling the downtown residential population. And it’s such a beautiful project that it also contributes greatly to the vitality, sense of progress and positive vibe downtown." – Steve Cramer, President and CEO of the Minneapolis Downtown Council

Aligning with the city's 2025 vision for more urban residential options, The Nic on Fifth also contributes to the revitalization of the north end of Nicollet Mall and is helping to shape Minneapolis' central business district.

With 253 units, including 26 penthouses, the building brought luxury rental options to people looking to live in an urban setting. All units feature condo-level finishes with granite countertops, stainless steel appliances and floor-to-ceiling windows with floor plans ranging from alcoves to three-bedroom penthouse suites.

The building also includes 30,000 square feet of indoor and outdoor amenity space on the sixth floor. In the summer, residents can take advantage of the outdoor garden roof deck with a pool and spa, fire pits, a kitchen and grilling lounge, dog run and Zen walking path. Indoor amenities include:

a large clubroom with various seating areas, televisions and a fireplace
a private dining area with a gourmet kitchen
a fitness and yoga studio
24/7 doorman and concierge services
20,000 square feet of retail space on the street and skyway levels

Transit-Oriented Development

In addition to abundant amenities and impressive views, the transit-oriented developmentprovides convenient access to the city's light rail and bus systems and close proximity to more than 26 million square feet of existing office space in downtown as well as entertainment and dining options and through access to eight miles of skyway. The Nic also offers easy access with a light rail platform to one side and sidewalk access to Nicollet Mall, an eleven block pedestrian and public transit mall, on the other.

Watch construction from beginning to end in less than 30 seconds!

Project Awards

Design-Build Institute of America Upper Midwest Region (DBIA-UMR) Excellence for Commercial Building
Finance & Commerce Top Project
Minnesota Safety and Health Achievement Recognition Program (MNSHARP) Certification
Minneapolis/St. Paul Business Journal Best in Real Estate
Metro Transit Commuter Choice Award Building Owner/Management Company of the Year

Developer

Opus Development Company

Contractor

Opus Design Build

Architect

ESG

Interior Designer

Opus AE Group

Sustainability Features

LEED Silver

Transit-oriented design with an integrated light rail transit hub at the lobby level, nearby bus transit and secured bike storage
Green roof to reduce the urban heat island effect
An outdoor amenity deck with large areas of natural, indigenous plants to help restore habitat and maximize open space
Low-flow plumbing fixtures and a state-of-the-art domestic water pressurization system to reduce water consumption by over 30%
Technologically advanced heating and cooling systems
Advanced glazing technology to increase energy efficiency
Improved exterior skin insulation to reduce energy consumption and improve comfort
Use of low volatile organic compound (VOC) materials and finishes
Use of recycled and recyclable materials on both building interior and exterior
Use of local and regional materials