The City is redeveloping 10 acres at Nicollet Avenue and Lake Street. In May 2025, the mayor and City Council approved the New Nicollet Development Framework. The framework reflects a three-year planning process with more than 20,000 community interactions. Development proposals must align with this vision.
Phase 1 will include mixed-use buildings featuring:
Affordable housing
Ground-floor retail and nonprofit services
Indoor space for park programming
A request for proposals (RFP) is now open for Phase 1 of the New Nicollet Redevelopment, formerly home to Kmart. The City of Minneapolis encourages developers to submit creative, community-focused ideas for the southeast corner of the site at Nicollet Avenue and Lake Street. Proposals are due by 4:00 pm on Tuesday, Jan. 6, 2026.
Submit any final questions about the RFP before the Q&A deadline! Email additional questions to Linnea Graffunder-Bartels by 4:00 pm on Monday, Nov. 24, 2025. All questions and their answers will be posted on the City’s website by Dec. 2, 2025. Check out the current set of questions and answers available on the RFP webpage.