The Cloverfields Building, located at 21 North 3rd Street, is a historic rehabilitation of an iconic Warehouse District building. After spending nearly twenty years vacant, the property has been revitalized to feature four stories of beautiful restoration and conversion from a once warehouse use to retail and office space. Each floor provides 14-19' clear ceilings, oversized windows, and abundant natural light.
The creative repositioning project utilized the financing tool of 40% historic tax credits through the State Historic Preservation Office (of Minnesota) and National Parks Services. This financing method was necessary to achieve the extent of restoration required while preserving multiple unique contributing features of the property that make it a contributing structure to the historic warehouse district.
Innovative strategies were used to maintain the historical integrity of original terrazzo floors, elevator shafts and light wells, while creating modernized mechanical, electrical, and plumbing systems for a historic building. Though the intent was to appeal to full-floor tenants, the design team at Adsit Architecture and Planning strategized multi-tenant scenarios and options to facilitate future leasing scenarios and building expansion onto the parking lot.
Upon construction, Covid posed various issues by creating schedule delays due to material and labor availability. The project schedule had to absorb workforce shortages from the spread of the virus. However, the development team, contractors, and laborers fostered a trusted partnership that allowed them to navigate the various unknowns of the pandemic by reorganizing construction schedules, and creatively overlapping the tenant buildouts with shell construction completion. Without the partnership of the general contractor, The Bainey Group, who was retained for the large tenant buildout, the schedule delays would have been more significant.
This brick and concrete building now features two new elevators in restored shafts, skylights, historic light wells over multiple floors, remote access and security controls and surface parking. Tenants can enjoy on-site showers, bike storage, and a shared rooftop patio overlooking the skyline of the City. The building is currently 50% occupied with leases for the full third and fourth.