SPOTLIGHT / FAMOUS PROPERTIES
chain Dayton-Hudson (now Target
ters in the IDS Center. Together, the
two companies occupied 60 percent of
the building when it opened its doors. It
also surpassed the city’s Foshay Tower
to become the tallest building in Min-
neapolis—and it remains the tallest
The IDS Center was the catalyst for
growth in downtown Minneapolis. The
downtown energy district plant was
built at the same time, in the early ’70s.
“The IDS Center was the property
Minneapolis,” said Kolar. “It is the
center of downtown.”
The IDS Center has 24 retail tenants
and 182 tower tenants—all with their
own distinct needs and expectations.
As with most properties today, the
tenant amenity package has become a
hot driver at the IDS Center. In 2016,
the center added a 5,000-square-foot
and a 4,500-square-foot conference
center to meet the demand for a broader amenity package.
One of the biggest draws of the IDS
footprints for tenants looking for a large
are about 24,000 square feet.
Johnson’s innovative design also
makes it easy to meet modern tenants’
“Everything from the ceiling struc-
ture to the window structure to the
makes it very easy to plan and build out tenant spaces.”
As the centerpiece of downtown Minneapolis, the IDS Center is an undeniable
icon within the downtown business district. Consequently, each of the building’s
owners through the years has been dedicated to investing in the building, according to Kolar.
“I have been at the IDS Center for 24 years and have seen the building through
many changes—and all of them have stayed true to Johnson’s original design and
intent,” she said.
With LED lighting now required by the city of Minneapolis, the IDS Center is
IDS Center was eligible to receive almost $40,000 in rebates.
Building updates are baked into the IDS Center’s budget and management plan
each year—and the return on these investments is starting to surface. “We just
our operating expenses,” Kolar said. “In 2016, we focused on chilled water. Now
for 2018, our chilled water budget is going down by 11 percent.”