New Nicollet Phase 1 Development

We are asking developers for proposals for the first buildings on the site.

Application closed

The application is closed. We’ll share the proposals soon so the community can review and give feedback.

Request for proposals

Overview

We released a Request for Proposals (RFP) for the first phase of new buildings at the New Nicollet/former Kmart site.

The City of Minneapolis is redeveloping 10 acres at Nicollet Ave and Lake St, known as the New Nicollet (former Kmart) site. The project is guided by the New Nicollet Development Framework, approved by the Mayor and City Council in May 2025. This plan was created through a three-year community engagement process.

Phase 1 development will be on the southeast portion of the site. It will focus on providing:

Affordable housing
Ground floor commercial space
Non-profit services space
Minneapolis Park & Recreation Board indoor program space

Learn more about the New Nicollet Development Framework

Learn more about the New Nicollet Redevelopment Project

Questions

Questions were due by 4 p.m. on Monday, Nov. 24, 2025.

Read questions and answers

Deadline

Proposals were due on Jan. 6, 2026.

The Sharepoint project folders are no longer accessible.

The City can choose to reject any or all applications.

Next steps

February 2026: Community engagement sessions. Your input is important in shaping the final decisions.
March/April 2026: Selection of the development proposal