AUTHORED BY COLE STERR
On June 18th, 2019, United Properties celebrated the start of construction on RBC Gateway, a 34-story mixed-use tower that will be completed in late 2021.
As part of this event, key partners shared objects to be included in a time capsule to be buried under the building. The United Properties team included a letter that encapsulates what is currently happening in downtown Minneapolis and how we strive to create deep roots in all of our developments. It reads:
Dear Minneapolis,
From where we sit today, the future of Minneapolis looks very, very bright. Today, we broke ground on Gateway, the tallest mixed-use tower to be built in the city in nearly 20 years. When completed in 2021, it will be home to a Four Seasons Hotel, the headquarters of RBC Wealth Management, and 31 private residences. All this on a block that sat fallow for decades.
Sizable as it is, Gateway is just one of many positive developments in our downtown. The nearby North Loop is buzzing once again, shedding its industrial past to become a tech hub for the 21st Century. We are proud to have played a major role in this transformation, with loving restorations of the Ford Center, Loose-Wiles and Kickernick Buildings, as well as with new buildings like The Nordic.
We recently relocated our headquarters to downtown Minneapolis. Across Nicollet Mall from our office, the Dayton’s Project promises to bring back to life a treasured Twin Cities destination. We are privileged to be part of this effort.
The list goes on: thousands of people now call downtown home, the Nicollet Mall has been given a needed makeover, a comprehensive public transit system is in full swing, green space and our famous river are enjoyed daily. To cap it all off, our Minnesota Twins have the best record in major league baseball!
Our roots in the Twin Cities run deep. We’ve been here for over 100 years. With Gateway, as with every project we are part of, we sincerely hope to create deep roots for the future, so this great city can continue to grow and prosper.
Sincerely,
The people of United Properties
Below are scans of the actual letter that will be put in the time capsule.
With RBC Gateway, we will leave a lasting legacy in our community. And hopefully, a hundred years from now that legacy will still be deeply rooted in our community.
About United Properties
United Properties has been creating deep roots in the commercial real estate industry for more than 100 years. The company imagines new possibilities in real estate to help enrich communities and create lasting legacies. United Properties provides market expertise for ground-up development, redevelopment and acquisitions of value-add and stable investments. The company invests in and develops office, industrial, retail, mixed-use and senior housing properties. United Properties is owned by the Pohlad Companies and is headquartered in Minneapolis, with offices in Denver and Austin, Texas.
