LaSalle Plaza energy improvement financing under review

Minneapolis file 2026-01255, before the Minneapolis City Council. Still to be decided as of 2026-11-05.

Latest action: Public hearing set for 11/17/2026 by Business, Housing & Zoning Committee

What it does

LaSalle Plaza owner pays for energy equipment via assessment The building owner would repay the cost of energy-efficient upgrades through a special assessment on the property, which may affect future rent or operating costs for tenants.

The bigger picture

Encourages downtown building owners to upgrade equipment PACE financing lets property owners fund energy improvements without upfront cash, potentially spreading similar upgrades across other downtown buildings and reducing citywide energy use.

Official summary

Setting a public hearing for November 17, 2026, to consider approving a special assessment for energy efficient equipment and improvements to LaSalle Plaza Master Lessor, LLC, located at 800 LaSalle Ave.

Read the official record for 2026-01255

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