Wells Fargo Plaza (Bloomington)

Wells Fargo Plaza is a high-rise office tower complex located at 7900 Xerxes Avenue in Bloomington, Minnesota in the United States. Standing at 300 feet with 24 stories of Class A rated office space,[1] the main tower is considered one of the more dominant landmarks of Interstate 494. The tower connects to an auxiliary three story building through a central atrium.

Not to be confused with Wells Fargo Place.
Wells Fargo Plaza
General information
Architectural styleModernist
LocationBloomington, Minnesota, United States
Address7900 Xerxes Ave. S.
Coordinates44.8595139°N 93.3231734°W / 44.8595139; -93.3231734
Completed1974
Height300ft
Technical details
Floor count24
Design and construction
DeveloperRauenhorst Corporation
Website
www.wellsfargoplazamn.com

The tower was originally proposed in 1969 by the Rauenhorst Corporation. At the time, the plans included a revolving restaurant and a heliport.[2] The Plaza was built in 1974. A turntable was installed for the revolving restaurant, but in 1977, the Rauenhorst Corporation converted the top floor into office space, as they could not find a restaurant tenant.[3][4]

It is currently the 56th tallest building in Minnesota, and was the tallest in Bloomington until 1988, when it was surpassed by the 8500 Tower. It earned a TOBY award in 2012 from the Building Owners and Managers Association of Minneapolis.[5]

After extensive renovations in 2010, the plaza was put up for sale in July 2015.[6] DRA Advisors bought the property in November of that year,[7] and currently owns the building through a joint fund with City Center Realty Partners.[1]

See also

References
  1. "CBRE closes 80,000-square-foot lease at Wells Fargo Plaza in Minneapolis". REJournals. 2020-07-30. Retrieved 2021-01-09.
  2. Charles Whiting (August 20, 1969). "Office tower proposed". Minneapolis Star.
  3. David Peterson (June 17, 1977). "Revolving restaurant gets office twist". Minneapolis Star.
  4. "Seeking downtown Bloomington — whose Main Street is called 494". MinnPost. 2016-03-24. Retrieved 2021-01-09.
  5. Jossi, Frank. "Building Blocks – Wells Fargo Plaza". Finance & Commerce. Retrieved 2016-06-13.
  6. "Bloomington's Wells Fargo Plaza is for sale - Minneapolis / St. Paul Business Journal". Minneapolis / St. Paul Business Journal. Retrieved 2016-06-13.
  7. "Wells Fargo Plaza on Interstate 494 lands a buyer - Minneapolis / St. Paul Business Journal". Minneapolis / St. Paul Business Journal. Retrieved 2016-06-13.
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