City officials, business leaders and the public are invited to gather to celebrate the official opening of the new Nicollet, a project that will be completed on time and on budget. The celebration will feature remarks by Mayor Betsy Hodges, City Council members and Steve Cramer, president and CEO of the mpls downtown council/Downtown Improvement District, among other project stakeholders.
The reconstructed street in the heart of downtown Minneapolis designed by James Corner Field Operations showcases a more modern, durable and elegant street with several new pedestrian amenities, including the largest display of public artwork outside of the Minneapolis Sculpture Garden, twice the amount of greening with nearly 250 new trees and new LED lighting.
The funding for the public/private partnership includes $25 million in downtown property assessments, $21.5 million in state bonding and $3.5 million from the City of Minneapolis. The new Nicollet has already attracted more than $300 million in private investment. For more information about the project, visit NicolletMallProject.com.