M IN N E A P OLIS , MN
A thriving city of widespread diversity and enormous growth, the city of Minneapolis first came to be in 1867. Combined with neighboring Saint Paul, the Twin Cities (Minneapolis/Saint Paul) area proudly boasts one of the top economies in the United States.
3.6 MILLION
34.5 MILLION
$236.6 BILLION
$11 BILLION
people living in the Minneapolis/St. Paul metroplex
Minneapolis Metro Area GDP 2019
annual visitors overall
generated annually in economic impact from visitors
WHY MINNEAPOLIS? For the past decade (2010-2018) Minneapolis has seen consistent population growth. Considering its excellent proximity to the rest of the Midwest, this thriving city connects transportation lines across Minnesota and beyond.
CONTRIBUTORS TO MINNEAPOLIS’ SUCCESS 15th LARGEST ECONOMY IN THE U.S. RANKED IN TOP 10: Industrial Markets to Watch by Colliers International (2019) LOW VACANCY RATE & LOW UNEMPLOYMENT: Minneapolis Metro Area boasts a 3.5% vacancy rate (2019) and a 3.3% unemployment rate (2019), well below national averages LEADER IN MULTI-FAMILY CONSTRUCTION: Over $3.5 billion in multi-family housing sales in 2018 & 2019 PROJECTED MARKET-RATE UNITS: 6,000
2019
8,000
2020
18,000
2021-22 0K
5K
10K
15K
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