Minot’s former YMCA building is getting closer to its transformation into a mixed-use property with residential and office space.
Cypress Development has announced that 10 units in its Y Commons facility will become available in less than a month. Two already are reserved.
Cypress Development is spearheading Minot’s downtown “Imagine Minot” project, which includes redeveloping the 72,000-square-foot, four-story former YMCA building at 105-1st St. SE. The building currently houses Eid Passport and a dance studio.
The building’s third and fourth floors will each have four one-bedroom and one two-bedroom units served by the building’s elevator. The units feature large windows, air conditioning, modern kitchens and bathroom areas and washer and dryer appliances. The two-bedroom units also have second baths as well as master suites with walk-in closets and full bathrooms.
The eight one-bedroom units range from 661 to 770 square feet with rents from $1,045 to $1,400 a month. The two 1,285-square-foot, two-bedroom, two-bath units will rent for about $2,000 a month.
Extra storage space is available for rent.
Five more, larger apartments will be available this spring in the “Lofts on 1st Avenue,” located in the former YMCA racquetball courts.
A two-story parking ramp is planned to serve Y Commons and an 88-unit apartment complex to the east. Construction begins on the apartment complex this spring.
Construction is nearing completion on five office suites on the second floor and in the basement of Y Commons, ranging in size from 336 to 4,000 square feet. The first business is expected to move into a section of the newly remodeled space next month.
Cypress Development is headed by Steve Larson, a Minot native and chief executive officer of Eid Passport.
“Part of Steve’s vision is to help with the redevelopment of downtown Minot,” said Mike Ballard, spokesman for Cypress Development. “We want to create opportunities. We are planning on doing some interesting things.”