Thor Construction plans new Multi-Tenant Headquarters Building At Corner of Plymouth and Penn Avenues in North Minneapolis
MINNEAPOLIS – (May 4, 2016) Twin Cities-based THOR Construction Company has its sights set on constructing a new four-story, $30 million multi-tenant office and retail center at the intersection of Plymouth and Penn Avenues in North Minneapolis.
The targeted location will be home to the national headquarters of THOR Construction and affiliated operations in Development, Sustainable Design & Systems, General Contracting and CMAR, and Self Performing Concrete. THOR is also in preliminary conversations with several institutional partners who will leverage their collective resources to create an innovation HUB for minority entrepreneurship on the Northside, according to Ravi Norman, chief executive officer for THOR Construction.
Norman calls the company’s North Minneapolis development plan “directional” at this point, as it still needs approval from neighborhood groups, the city and the county to go ahead on its plans to break ground in the fourth quarter of this year.
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