Construction has officially begun on 240 Hennepin.

The new 21-story mixed-use project is being constructed at the corner of Hennepin Avenue and Washington Avenue N on a site that is today home to a surface parking lot and a large vacant plot of land.

When complete, 240 Hennepin will stand 246’ tall and will include 346 market-rate apartments along with 20,969 square feet of ground floor retail space. In total, there will be over 350 parking spaces located on two underground levels and two above ground levels.

Units within the building will range in size with those on levels 3-18 including studio, one-bedroom and two-bedroom layouts. Levels 20 and 21 will also feature penthouse units that begin at around 1,900 square feet in size.