Minneapolis Theatre Garage is part of a new six-story development at Lyndale & Franklin called the Theater Garage and Marquee Apartments, according to city documents.
The proposal by Master includes 85 market-rate units with a 150-seat theater, five retail bays fronting Lyndale, a restaurant fronting Franklin, and a 206-stall parking garage with 90 spots available to the public. The residential and commercial portion of the building would be six stories. The parking garage, located at the interior of the block, would be five stories, topped by a rooftop park and solar panel array.
Renderings by Collage Architects show Rudolphs Bar-B-Que as the restaurant on the corner. Rudolphs owners did not immediately return a call for comment.
A rooftop park featuring solar array panels would provide a space for Theatre Garage puppet shows and outdoor performances. The park would be open to the public as an “urban retreat or getaway.”
Staff at the nearby Lyndale Avenue dry cleaner and David Petersen Gallery said they were unaware of the project plans, but a letter from Master to the city of Minneapolis includes the building as part of the site.
“I hope I get a unit,” joked David Petersen.
The southern property owner did not immediately reply for comment, and a Master representative declined comment.
The project displaces the Steeple People Thrift Store and One 21 barbershop. Both retailers are looking for new storefronts in the neighborhood.
The proposal needs city approval for several aspects of the project. The site must be rezoned from C1 to C2. It needs a conditional use permit for the parking facility. It needs a permit to increase the maximum allowable height from 56 feet to 75.4 feet. The project also needs variances for the maximum allowed floor area ratio, and the reduction of rear yard and south interior side yard setbacks.
Master has not yet submitted formal applications to the city. City staff are seeking preliminary feedback from the Planning Commission Committee of the Whole on Feb. 6.
For more information on the project, visit http://www.ci.minneapolis.mn.us/www/groups/public/@cped/documents/webcontent/wcms1p-120072.pdf