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Wells Fargo Center (Minneapolis)

Coordinates: 44°58′37″N 93°16′15″W / 44.97694°N 93.27083°W / 44.97694; -93.27083
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Wells Fargo Center
Wells Fargo Center
Map
Former namesNorwest Center
General information
StatusCompleted
TypeOffice
Architectural styleArt deco
Postmodernism
Location90 South Seventh Street
Minneapolis, Minnesota
Coordinates44°58′37″N 93°16′15″W / 44.97694°N 93.27083°W / 44.97694; -93.27083
Construction started1986; 38 years ago (1986)
Completed1988; 36 years ago (1988)
Opening1988; 36 years ago (1988)
OwnerEquity Office Properties Trust
Height
Architectural775 ft (236.2 m)
Tip775 ft (236.2 m)
Roof775 ft (236.2 m)
Technical details
MaterialGlass
Steel
Stone
Floor count57 (56 occupied)
Floor area1,105,249 sq ft (102,681.0 m2)
Lifts/elevators27
Design and construction
Architect(s)César Pelli
César Pelli & Associates Architects
DeveloperHines Interests Limited Partnership
Structural engineerCBM Engineers
Main contractorSchal Associates, Inc.
Website
www.wellsfargocenter.com
References
[1][2]
The Wells Fargo Center at night, with its brightly lit upper floors.

The Wells Fargo Center (90 South 7th St), formerly known as Norwest Center, is the third-tallest building in Minneapolis, Minnesota, after the IDS Center and the Capella Tower. Completed in 1988, it is 774 feet (236 m) tall. For many years, this was believed to be one foot shorter than Capella, but that structure actually had a different height (see the Capella Tower article for details). Norwest Center was designed with a modernized art deco style by César Pelli, reflecting nearby structures such as the nearby CenturyLink Building and the Foshay Tower, which is several blocks away. It is also considered by many to be a homage to 30 Rockefeller Plaza in New York City.

Wells Fargo Center sits on the site of the old Northwestern National Bank Building, which was destroyed in a fire in 1982. The original design called for a 45-story tower with a square footprint that would have been crowned the tallest building in Minneapolis; however, the site was halved in size, requiring the building's design to be changed to what it is today.[3] Northwestern National, renamed Norwest Corporation, maintained its headquarters here. Despite Norwest's adoption of the Wells Fargo identity after acquiring the latter and moving to San Francisco in 1998, significant regional operations are still maintained in this building. Other major tenants include the law firm of Faegre Drinker and the local office of accounting firm KPMG.

It is brilliantly lit at night from sunset through midnight, with floodlamps pointing up from the setback rooftops to illuminate the sides of the building. Despite this, it is still much more energy efficient than the previous building and in 2000, it was recognized by the United States Environmental Protection Agency as one of the 100 most energy efficient buildings in the US.[4] In 1989, the building was praised by the Urban Land Institute, who honored it with their Award for Excellence in Large Scale Office Development. It is located at 90 South 7th Street. Gaviidae Common, a neighboring shopping center, was also designed by Pelli and built at the same time.

A branch of the Wells Fargo History Museum was located in the skyway level. The museum's exhibits included an 1863 stagecoach, telegraph equipment, gold nuggets and coins.[5] It closed in September 2020.[6]

As of April 2019, Starwood Capital Group acquired Wells Fargo Center for $315 million. The sellers were Hines and Blackstone.[7]

In December of 2024, it was announced the building would be sold again, this time to Onward Investors. The sale price of $85 million represents a 70% decrease in value since the 2019 sale. [8]

Broadcasting

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FM

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FM radio stations
Frequency Call sign Name Format Owner
92.9 W225AP
(KTCZ-FM HD-2 Translator)
Air1 Contemporary Christian iHeartMedia
94.9 W235CT
(WREY-AM Translator)
Radio Rey Regional Mexican Borgen Broadcasting


See also

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References

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  1. ^ "Wells Fargo Center". The Skyscraper Center. Archived from the original on April 24, 2022. Retrieved June 15, 2019.
  2. ^ "Wells Fargo Center, Minneapolis". SkyscraperPage. Archived from the original on April 18, 2021. Retrieved June 15, 2019.
  3. ^ Lileks, James (October 24, 2015). "Streetscapes: These unbuilt buildings would have changed the Minneapolis skyline". Star Tribune. Minneapolis. Retrieved September 27, 2023.
  4. ^ "EPA Recognizes Nation's Most Energy Efficient Buildings". EHS Today. March 29, 2000.
  5. ^ "Museums: Minneapolis". Wells Fargo History. Retrieved 24 February 2015.
  6. ^ Hudson, Caroline (September 2, 2020). "Wells Fargo to permanently shutter almost all of its museums, including Minneapolis location". Minneapolis St. Paul Business Journal. Retrieved 27 September 2023.
  7. ^ Norfleet, Nicole (April 1, 2019). "Wells Fargo Center in Minneapolis selling for $315 million". Star Tribune. Minneapolis. Retrieved September 27, 2023.
  8. ^ BringMeTheNews (2024-12-16). "Minneapolis' Wells Fargo Center sold for a reported $85M". Bring Me The News. Retrieved 2024-12-18.
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