Three high-rises with nearly 800 apartments will hit downtown market this year

Developers are on track to deliver a triple whammy to the downtown Minneapolis apartment market this year: three high-rise apartment towers that will bring nearly 800 units to a part of the city where renters already have plenty of choices.

"The market appears to be holding," said Mary Bujold, president of Maxfield Research. "[But] I think most local developers are cautious."

http://www.startribune.com/three-high-rises-with-nearly-800-apartments-will-hit-downtown-market-this-year/506581812/