Sons of Norway Selects Ryan Companies and Weidner Apartment Homes For Redevelopment of Key Uptown Location
Minneapolis, MN, Aug. 16, 2017 (GLOBE NEWSWIRE) -- Sons of Norway has announced its agreement with Ryan Companies US, Inc. and Weidner Apartment Homes for the sale and redevelopment of their land parcel in South Minneapolis . The land parcel is located on Lake Street between Holmes and Humboldt avenues and is in the heart of the Uptown neighborhood . Considered to be a marquee location , this property has been home to the International Headquarters of Sons of Norway since 1962. Once complete, the Sons of Norway plans to continue business operations on the site including their financial services and international cultural organization . “After an extensive process to ensure the highest and best use of our primary asset, the clear choice was to sell the property that has served us so well,” said Eivind J. Heiberg, CEO Sons of Norway. “Considering market conditions in the Uptown neighborhood and the challenges of an aging facility, it was time to make the most forward-thinkin...