Twin Cities Construction & Development Boom

The Dayton's Project

Located in the heart of downtown Minneapolis, the Dayton’s building has been a central piece of Minnesota’s economy and culture for generations. Now, the iconic building is being reinvented for the 21st century.

For more than 100 years, the landmark building at 700 Nicollet was home to the famous Dayton’s and Macy’s department stores and was an anchor for the downtown retail and business district. The Dayton’s Project development team – led by Telos Group and 601w Companies – is dedicated to realizing the building’s potential while also taking care to honor and secure its place in history. Many original features have been retained and restored, including the Art Deco bathrooms and JB Hudson space. To formally recognize this architectural and historical gem, the team worked closely with state and federal policy makers to secure the Dayton’s building’s place on the National Register of Historic Places.

The design of the Dayton’s Project reflects both the historical significance of the building and how the updated spaces will serve visitors now and for years to come. Standing at 12 stories with over 1.2 million square feet, the new Dayton’s Project will feature exceptional modern office, dining and retail spaces, including an innovative 45,000 square foot food hall and market drawing in visitors from both Nicollet and the skyway. The offices will enjoy many tenant-exclusive amenities, like a green rooftop terrace with unparalleled skyline views, private lounge and library spaces, and a state-of-the-art health club facility. Construction began in March 2017, and demolition was completed in 2018. The Dayton’s Project is scheduled to open to the public in the Spring of 2020.