Dinky Dome Project Wins Top Best in Real Estate Award
An apartment building and renovation of the historic Dinky Dome near the University of Minnesota has received an award. It was named as the Best Overall project in this year’s Best in Real Estate awards, handed out each year by the Minneapolis-St. Paul Business Journal.
The $38.6 million project being developed in Saint Paul by Kelly Doran, principal of Bloomington-based Doran Cos., also won the award for the Best Multifamily Development and Redevelopment – Market Rate.
The judges liked the Sidney Hall project because it preserved the historic Dinky Dome and enhanced the neighborhood. It also filled a need in the market. The building’s 125 apartments are 80 percent pre-leased and major tenants in the retail space include CVS Pharmacy, Wells Fargo Bank and Ebert & Gerberts. Finally, the projec created much-needed construction jobs during the economic downturn and housing slump.
See the full list of Best In Real Estate winners at Minneapolis / St. Paul Business Journal.