South Front Street Mixed Use Building

Mankato, MN | Housing

Overview

On the cusp of a sizable boom in local development, this is the first significant privately-financed office building to rise downtown in more than four decades and is the largest downtown development in nearly two decades.


Opportunity

The proposal includes demolition of two buildings and construction of two new buildings. The first building will consist of a seven-story, 60,000-square-foot office complex. The second building, a four-story mixed use building located along South Front Street, includes a restaurant on the first and fourth floors; and residential rental units on the second and third floors.

Solution

This project accommodated the relocation of several existing Mankato companies which allowed for retention of approximately 100 jobs. Expansion of two growing Mankato companies produced up to 46 new jobs in the City Center. The redevelopment provided an opportunity to address a high demand for parking by existing area businesses in addition to supporting the new construction. Parking improvements included constructing a 200-stall parking ramp adjacent to the office tower and behind the mixed-use building, and a public parking lot at the corner of Warren and Front streets. The new construction project significantly increased commercial and office space in the downtown area and served as a catalyst for additional urban renewal.


Market News

Toe Wildlife Management Area Receives 62-Acres of Wetland Restoration

December 22, 2020 (Mankato, Minnesota) – After nearly four years of planning, design, and construction, ISG is proud to report the successful completion of a 62-acre wetland restoration project within the Toe Wildlife Management Area (WMA). Situated in rural Jackson County, an area of southern Minnesota where less than 1% of original wetlands remain, the project is part of a larger initiative of the Heron Lake Watershed District to protect and restore nearly 350-acres of wetlands in the Toe WMA.
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Mankato MoonDogs’ Franklin Rogers Park to be Renamed ISG Field

October 20, 2020 (Mankato, Minnesota) – Building on a series of successful partnerships and projects to bolster its ballpark, the Mankato MoonDogs, a member of the Northwoods League, has exercised its rights with the landlord, the City of Mankato, to lease the naming rights of Franklin Rogers Park to ISG. The ballpark will be named ISG Field after the professional design and engineering firm that was founded in Mankato in 1973. ISG Field represents the MoonDogs’ commitment to providing top quality local baseball and an enriching fan experience. This is the latest update for the team, which has unveiled a new logo and has implemented several renovations for the ballpark in recent years.
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