Sherman Associates

Sherman Associates is honored to rank as BEST Commercial Real Estate Developer in Finance & Commerce's 2024 Reader Rankings! We are proud to be a trusted business partner. We thank our team members for their client focus, as they drive our mission each day.

Sherman Associates welcomes Vatos Tacos, its new commercial tenant in Westminster, Colorado! Vatos Tacos is a family-inspired creative Mexican destination known for its fresh street tacos and premium tequilas.   Vatos Tacos joins Sherman’s development, Aspire consisting of 226 market-rate apartment homes and 36,000 SF of commercial space with other commercial tenants: Superfruit Republic and Inks & Drinks. Sherman’s mixed-use, multi-phase development in Westminster includes Aspire along with Ascent, a 255 mixed-income apartment with nearly 25,000 SF of commercial space occupied by commercial tenants: Tap & Burger, Bonchon, Sweet Bloom Coffee, Edward Jones, and Sherman Associates’ regional office. Vatos Tacos is an attractive amenity for Sherman’s residents, tenants, and employees and showcases Sherman’s unique approach of integrating commercial spaces into its multifamily developments to create thriving neighborhoods. Visit Vatos Tacos: https://lnkd.in/gUAvJYWc

Sherman Associates was fortunate to have Joclyn Hutchison join us for the past two weeks as a summer legal intern! Joclyn joined us as part of her Summer Associate position at Winthrop & Weinstine, P.A. and in conjunction with Twin Cities Diversity in Practice. We were lucky to tour two of Sherman's newest multifamily projects this week, Ladder 260 and O2 Luxury Tower (below is the view from O2's 22nd floor!). Thank you, Joclyn, for your enthusiasm and hard work, and for being part of our family this summer. We wish you all the best in your future endeavors.

Sherman Associates, Justin Sutherland, and Restore Restaurant Holdings announce Pearl & the Thief as the next prominent restaurant to enter the Mill District, located in the O2 Luxury Tower. Pearl & the Thief is Sutherland’s award-winning restaurant known for its seafood and southern fare. Its new location will serve as a destination dining experience for the Mill District with an exceptional culinary experience and captivating atmosphere. Sutherland’s Big E sandwich shop specializing in egg sandwiches for breakfast and lunch will also open a new location in O2. Read about it here: https://lnkd.in/gmuDT9-k

KARE 11 takes a look at Sherman Associates' office to housing conversion projects that are underway in both Minneapolis and St. Paul, as cities across the country seek to reimagine their downtowns. Northstar Center and Landmark Towers will deliver just over 400 housing units to the Twin Cities, where there's a growing trend of converting vacant office spaces into residential apartments. With many offices empty post-pandemic, Chris Sherman sees the opportunity to transform these downtowns into central living districts. Despite challenges like high costs and complicated financing structures navigated by Trevor Martinez, these conversions are vital for reviving downtowns, boosting housing markets, and stabilizing local tax bases. Plus, they're more sustainable than new construction projects, supporting local labor and reducing environmental impact. Watch the feature here: https://lnkd.in/guSMEUFw City of Minneapolis City of Saint Paul

A vital goal of our Downtown Investment Strategy is to transform and convert the right mix of StPL’s under-utilized commercial buildings into residential spaces to inject the city with more people, which will naturally bring in added vibrancy and activity.    One project that is on its way to making this goal a reality is the work done by Sherman Associates, who is in the process of a significant and exciting transformation project at Landmark Towers — a skyscraper built in 1983 and on the National Register of Historic Places — into 187 residential units.   Landmark Towers is in a prime location adjacent to Rice Park and Mississippi River Valley, and has notable neighbors including the The Saint Paul Hotel, George Latimer Central Library, Ordway Center for the Performing Arts and Xcel Energy Center.   Sherman Associates has been an excellent partner for the City of Saint Paul and is eyeing April 2025 to welcome residents who will enjoy larger than average unit sizes with stellar views, plus amenities including a sauna, fitness center, club room, spa, pool and a rooftop lawn. What’s more, Sherman Associates will beautify the streetscape with extra greenspace.   It’s these projects that get us excited about the future of Saint Paul and we are looking forward to future conversions to breathe new life into our city. 🌟

Sherman Associates values our partnership with Metro Blooms, delivering beautified spaces that empower people within many of our urban developments including Riverside Plaza in Minneapolis. With resident and neighbor involvement, these initiatives greatly enhance the community and benefit the environment.

Sherman Associates welcomes new residents to the Mill District with affordable living at Ladder 260, delivering 90 new construction homes. The property serves households earning 30-60% of the area median income. Ladder 260 provides free internet to each apartment home for its residents, the first affordable housing development in Minneapolis to provide this benefit. “We are eager to deliver this rare new construction affordable housing product to downtown Minneapolis. And as part of our mission to empower people, we are providing free in-home internet to our residents at Ladder 260,” said Chris Sherman, President at Sherman Associates. “This essential service will give individuals and families access to education, health care, government services, and infinite resources the internet provides, at no cost to our residents. Read the press release: https://lnkd.in/gPg3jkbM

Katrina Cadalbert, Assistant General Counsel at Sherman Associates spoke at this week's MNCREW Program about safeguarding properties with the indispensable role of real estate attorneys. Real estate transactions involve a myriad of laws and regulations, making it essential to have a legal expert by your side. From deal terms negotiation to ensuring compliance with zoning laws and environmental regulations, real estate attorneys bring specialized knowledge to the table. Cadalbert spoke to the complexities of two of Sherman's projects: the historic office-to-residential conversion of Landmark Tower in St. Paul and the historic rehabilitation of the Duluth Armory in Duluth. Sherman’s in-house legal team spearheads the closing of all projects while also navigating issues that arise in a diverse real estate company. Consisting of staff with high-level knowledge of real estate and land-use matters, as well as affordable housing and conventional real estate finance, the team works hand-in-hand with the development and operations teams to ensure the stability and long-term success of Sherman Associates projects.

Sherman Associates is a sponsor of Doors Open Minneapolis this weekend! Produced by Rethos, it is a chance to explore the buildings that tell the city’s story. From theaters to business hubs, sacred spaces to private clubs, sports complexes to engineering wonders, historical gems to not-even-open-yet buildings, Doors Open Minneapolis gives a FREE behind-the-scenes look at dozens of exciting venues. Make sure to visit participating venues in the Mill District that Sherman developed in partnership with the City of Minneapolis: - J.I. Case Building - Canopy by Hilton Minneapolis Mill District - Minneapolis Fire Station 1 Check out the Doors Open venues and attend this weekend: https://lnkd.in/g3Kzuyq3