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Landmark Renovation Project Will Spark New Life on North Minneapolis’ Busiest Commercial Corridor

Members of the Phillips and TRI Construction family

The newly redeveloped 927 Building on West Broadway Av. reopens as a premier space to work, gather, and celebrate.

With its renovation nearly complete, a 130-year-old building in North Minneapolis enters a new chapter this fall as the headquarters of both the Jay and Rose Phillips Family Foundation of Minnesota and TRI-Construction. Blending historic and new construction, the 927 Building will be home to several local businesses and nonprofit organizations. It will also serve as a venue for community meetings and events.

Now boasting more than 19,000 square feet of freshly renovated office and retail space, the building at 927 West Broadway Av. has long been an underappreciated community asset. Its fortunes took a turn in 2020, when the Phillips Family Foundation partnered with TRI-Construction to invest in North Minneapolis by securing redevelopment rights to the then-vacant property from the City of Minneapolis.

The Phillips Foundation sparked the redevelopment plan when it decided to relocate its offices from Northeast to North Minneapolis, a move that aligns with its grantmaking and other community investments. Since 2016, the Phillips Foundation has focused on two main priorities: Student-centered learning within Minneapolis Public Schools; and supporting a thriving local economic ecosystem that creates wealth for Black, Indigenous, and communities of color in North Minneapolis.

“This project reflects our commitment to North Minneapolis and West Broadway Avenue. With the opening of the 927 Building, we are excited to be part of the revitalization of one of the most vibrant communities in the entire state of Minnesota.”

Joel Luedtke, Program Director at the Phillips Family Foundation

TRI-Construction plans to buy out the Phillips Foundation’s equity interest over the next 10 years to take sole ownership of the building, making it a Black-owned property in the neighborhood’s busiest commercial corridor.

“The 927 Building is more than a redevelopment project,” said Calvin Littlejohn, CEO of TRI-Construction. “It’s a model of the kind of transformative investment that truly empowers local business and local communities.”

927 building grand opening

Photos from the 927 Grand Opening Reception. Pictured from left to right: Jim Terrell, Dean Phillips, Lester Royal, Jacob Frey, and Calvin Littlejohn

TRI-Construction and Urban Homeworks are already operating from the 927 building. The Phillips Foundation plans to fully open its office there in November. Other future tenants include The Zen Bin and the City of Minneapolis Office of Violence Prevention.

The Phillips Family Foundation’s office includes an event and meeting space that local organizations and members of the public may reserve for community gatherings. For details about reserving this space, contact Joel Luedtke at jluedtke@phillipsfamil1.wpenginepowered.com.

The building will feature a rooftop deck and commissioned work from local artists. The Phillips Family Foundation and TRI-Construction plan to hold a community celebration to welcome the public to the building next spring.

Learn more about the 927 Building and the meaning it holds for the partners behind its renovation by watching this video.
Phillips Family Foundation

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