CELEBRATING 75 YEARS!
Focused on redevelopment & adaptive re-use since 1948
CURRENT PORTFOLIO
PREMIER PROPERTIES
NOW AVAILABLE
OUR NEWEST RENOVATION PROJECT!
OFFICE | CREATIVE OFFICE | RETAIL | STORAGE | WAREHOUSE | PRODUCTION/ASSEMBLY
UPTOWN/LOWRY-EAST
MINNEAPOLIS
The Watkins Building, is located at 1936 Lyndale Avenue South (the former Vision Loss Resource building) in the heart of the Lowry-East (Wedge) neighborhood. The Watkins Building will offer a mix of brick/timber, and masonry structure, with lots of future, natural light, and free onsite parking. The Watkins Building offers a range of creative spaces from 2,500- 75,000 square feet with anticipated occupancy in the summer of 2023.
OFFICE | RETAIL | STUDIO
NE MINNEAPOLIS
Located in the heart of the bustling Northeast Minneapolis Arts and Craft Brewery District, Highlight Center is a multi-tenant creative retail & office building, located at Broadway St. and Central Ave. just minutes away from Downtown, major freeways, as well as metro transit lines and bicycle thoroughfares.
OFFICE | RETAIL | STUDIO
NE MINNEAPOLIS
Discover the second phase of the Highlight Center Campus - Highlight Tower. With plans for a potential four-story single or multi-tenant use, the Highlight Tower building is at the very center of the NE MPLS arts and culture skyline. Boasting the same great location and features as Highlight Center, the Tower will offer ample parking, potential roof decks, and unique architectural design.
OFFICE | RETAIL | STUDIO
NE MINNEAPOLIS
This unique mix of buildings has the customization options to help businesses create exactly the space they need for today and into the future! The 9-building complex has something to offer every business and enough parking for all your employees and visitors! With a wide range of building styles, we can offer many leasing options, from creative office/studio, warehouse, and industrial uses to destination retail at 9th Street Center!
AVAILABLE IN 2024 @ 9th Street center
19K-59K SF COLUMN-FREE SPACE WITH 30'-37' CLEAR HEIGHTS
INCREDIBLE OPPORTUNITY: RENOVATION TO RETAIL/ENTERTAINMENT AND/OR CREATIVE OFFICE
For the first time in almost 10 years, this large volume space will be available and provides a range of opportunities for creative redevelopment. We are ready to convert this space to destination retail, creative office, or other uses that wish to take advantage of the high ceilings, an incredible amount of light from new windows, ample on-site parking, and a fantastic location!
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Pentagon Park is a fully renovated office campus consisting of seven, classic mid-century buildings, interconnected by walkways and garden patios, offering built-to-suit office spaces, abundant free parking, and onsite amenities. Located off major highways in the heart of Edina, Minnesota. Pentagon Park shares a backyard with the Fred Richards 43-acre Park and the 9-Mile Creek Regional Trail that winds through it!
OFFICE | RETAIL | STUDIO
EDINA, MN
INDUSTRIAL | WAREHOUSE
STORAGE | OFFICE | RETAIL
NEW BRIGHTON, MN
Highway 8 Business Center is a three-building, mixed-use, multi-tenant campus consisting of light industrial, office and retail service uses. Located less than a mile from the intersection of 35W and I-694 and minutes drive from both Minneapolis and St. Paul the Highway 8 Business Center offers a great space option for diverse tenants!
WAREHOUSE | INDUSTRIAL DISTRIBUTION | OFFICE
MINNEAPOLIS, MN
Located in the heart of the Southeast Minneapolis industrial and distribution epicenter, the 2700 East 27th Street building is conveniently located adjacent to the Midtown Greenway, Lake Street, and Highway 55. With office, warehouse, and interior, and exterior storage options and ample parking this building offers potential tenants a great leasing opportunity.
INDUSTRIAL | WAREHOUSE
STORAGE | OFFICE
BROOKLYN CENTER, MN
4810 Lilac Drive is a 39,000 square foot, two-story office/industrial building conveniently located just off of Highway 100 near I-694 in Brooklyn Center. Join our current tenants in the manufacturing, distribution, and landscape industries at this well located & economical property
RETAIL/SERVICE | OFFICE
EDINA, MN
4820 West 77th Street is an updated, single-story office building that gives small businesses unique space opportunities with an Edina address. The property features renovated common areas, including a break room, patio, and landscaping. With an outstanding Edina location at Highway 100 and West 77th Street, the property is ideal for corporate, medical office, and destination retail. It is currently home to chiropractic, beauty, counseling, finance & education tenants.
CURRENT PORTFOLIO
DEVELOPMENT OPPORTUNITIES
6340 ZANE
AVENUE NORTH
Located in the inner ring, North suburb of Brooklyn Park this 4-acre development site has great access to Interstate Highways
I-94 and I-694. This prime development parcel is adjacent to a thriving and established medical manufacturing industrial park and is availble for sale or built-to-suit
PAST PROJECTS
FEATURED RENOVATION STORIES
Renovation of under-utilized or abandoned properties is Hillcrest Development’s niche. As we restore properties to fit modern expectations, preferences, and technology needs, we draw from decades of specialized experience. The results are buildings and properties that have big impact and suit clients’ sensibilities—whether office space or facilities for technology, biomedical research, warehousing, light assembly, manufacturing, or other commercial purposes.
Company history
ABOUT HILLCREST DEVELOPMENT, LLLP
Hillcrest Development, LLLP was founded in 1948 and is a third generation company specializing in commercial renovation to suit our clients’ facility needs for office, hi-tech, creative office, warehousing, manufacturing, and other commercial or industrial purposes.
All of our projects (over eighty to date) have been fully designed, developed, built, leased, managed, and owned by Hillcrest. Hillcrest has its own internal construction, leasing, and management groups. Hillcrest has enjoyed success in its business and renovation projects due to its hands-on approach toward redevelopment. Hillcrest invests its own equity up front into its projects, rarely utilizing outside financing. Hillcrest’s in-house development team consists of experienced construction, design, leasing, management, operations, and accounting personnel. This “hands-on” approach streamlines the efficiency of the projects and provides for a quicker occupancy for Hillcrest’s clients.
Hillcrest also owns Capitol Acceptance Corporation which was founded in 1952. Capitol offers and sells Time Certificates at attractive interest rates exclusively to Minnesota investors. The funds are then utilized by Hillcrest for its various commercial real estate activities. Cash flow and profits from Hillcrest’s real estate activities provide the funds for payments of principal and interest to our loyal investors.
For 75 YEARS, Hillcrest Development has been focused on improving the properties and communities in which we work and invest
OUR SERVICES
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