A former General Mills plant in northeast Minneapolis that produced flour for Cheerios will undergo a $16 million renovation to become an office complex.
Hillcrest Development has started demolishing parts of General Mills' former Cheerios flour factory in northeast Minneapolis to make way for a $16 million office complex.
Hillcrest bought the 107-year-old factory, which includes a nine-story tower, in 2019 for $2.1 million.
The structure, renamed the Highlight Tower, sits next to the former Minneapolis school board headquarters building Hillcrest bought in 2015 and redeveloped into offices now known as Highlight Center.
Together the two developments will form a commercial campus with 250,000 square feet in the middle of a bustling district known for art, craft breweries, coffee roasters, restaurants and the site of several future multihousing developments, said Hillcrest Managing Partner Scott Tankenoff.