Nicollet and Regional Prosperity

404 Nicollet Mall

The new Nicollet plays a vital role in Minneapolis’ competitive edge both as a place that attracts investment and a place that people want to live. Its renovation was central to the Minneapolis Downtown Council’s 2025 Plan and vision for downtown as a more inviting place for families, workers, and tourists to live, work, play, and visit. Nicollet is home to three Fortune 500 companies, hundreds of small businesses, and more than 140,000 workers.

The redesigned Nicollet is expected to inject $105 million in new revenue, add nearly 3,000 jobs in downtown and increase property values in the area by $57.2 million. As such, Nicollet is more than just a street – it is the outside world’s window onto the state and the region, and the place where business owners and investors get their first impression of Minnesota’s potential for growth.

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