A light dusting of snow covered the Commons park and the east side of downtown Minneapolis as Pat Ryan looked out over the blocks his company built.
"It was a sea of asphalt," Ryan, chief executive of Ryan Cos., said from a vantage point on the 15th floor of one of the Wells Fargo office towers.
In less than five years, he and other developers have spent more than $1 billion to construct offices, apartments, condos, hotels and other commercial projects around U.S. Bank Stadium. But the area still requires some heavy lifting — not involving cranes or concrete — to become the vibrant, cohesive place people like Ryan envisioned.
"What's happened here in a very short period of time has never happened in the city of Minneapolis," Ryan said. "You take a look at the North Loop. That's been evolving for 20 years. This is five."
New apartments and condos are filling up, the park is busy during warm months, and a highly anticipated grocery store will open this summer.
But plenty of office and retail space is yet to be filled. Coffee shops and restaurants still outnumber service-oriented businesses. The park hasn't drawn all the funds it requires, and the area's recently established identity, East Town, hasn't fully solidified.
"You can build things quickly, but things have to still mature," said Dan Collison, pastor of First Covenant Church. As executive director of the East Town Business Partnership, he's one of the neighborhood's biggest cheerleaders.
East Town consists of 120 square blocks on the eastern side of downtown, from 5th Avenue S. on the west to Interstate 35W on the east and from the Mississippi River on the north to Interstate 94 on the south. It incorporates the established neighborhoods of Downtown East and Elliot Park.