Wells Fargo Plaza (Bloomington)

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Wells Fargo Plaza
Wells Fargo Plaza Bloomington.jpg
Wells Fargo Plaza (Bloomington)
General information
Architectural style Modernist
Location Bloomington, Minnesota, United States
Address7900 Xerxes Ave. S.
Coordinates 44°51′34″N93°19′23″W / 44.8595139°N 93.3231734°W / 44.8595139; -93.3231734 Coordinates: 44°51′34″N93°19′23″W / 44.8595139°N 93.3231734°W / 44.8595139; -93.3231734
Completed1974
Height300ft
Technical details
Floor count24
Design and construction
Developer Rauenhorst Corporation

Wells Fargo Plaza is a high-rise office tower complex located at 7900 Xerxes Avenue in Bloomington, Minnesota in the United States. Standing at 300 feet with 24 stories of Class A rated office space, [1] the main tower is considered one of the more dominant landmarks of Interstate 494. The tower connects to an auxiliary three story building through a central atrium.

Contents

The tower was originally proposed in 1969 by the Rauenhorst Corporation. At the time, the plans included a revolving restaurant and a heliport. [2] The Plaza was built in 1974. A turntable was installed for the revolving restaurant, but in 1977, the Rauenhorst Corporation converted the top floor into office space, as they could not find a restaurant tenant. [3] [4]

It is currently the 56th tallest building in Minnesota, and was the tallest in Bloomington until 1988, when it was surpassed by the 8500 Tower. It earned a TOBY award in 2012 from the Building Owners and Managers Association of Minneapolis. [5]

After extensive renovations in 2010, the plaza was put up for sale in July 2015. [6] DRA Advisors bought the property in November of that year, [7] and currently owns the building through a joint fund with City Center Realty Partners. [1]

See also

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References

  1. 1 2 "CBRE closes 80,000-square-foot lease at Wells Fargo Plaza in Minneapolis". REJournals. 2020-07-30. Retrieved 2021-01-09.
  2. Charles Whiting (August 20, 1969). "Office tower proposed". Minneapolis Star.
  3. David Peterson (June 17, 1977). "Revolving restaurant gets office twist". Minneapolis Star.
  4. "Seeking downtown Bloomington — whose Main Street is called 494". MinnPost. 2016-03-24. Retrieved 2021-01-09.
  5. Jossi, Frank. "Building Blocks – Wells Fargo Plaza". Finance & Commerce. Retrieved 2016-06-13.
  6. "Bloomington's Wells Fargo Plaza is for sale - Minneapolis / St. Paul Business Journal". Minneapolis / St. Paul Business Journal. Retrieved 2016-06-13.
  7. "Wells Fargo Plaza on Interstate 494 lands a buyer - Minneapolis / St. Paul Business Journal". Minneapolis / St. Paul Business Journal. Retrieved 2016-06-13.
Preceded by
Radisson South Building
Tallest Building in Bloomington, Minnesota
19741988
300 ft
Succeeded by
8500 Tower