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A red star is in the center of a circle that has the words Borealis North Loop written around it.
A red star is in the center of a circle that has the words Borealis North Loop written around it.

Our Story

Our Story

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A Great Northern Railway logo with a red background and a black border.
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A construction site with a large building and a crane in the background.
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A dam is being constructed in the middle of a river.

Joining Old With New

BOREALIS (Latin), adjective, “northern”

Borealis is a fresh take on an historic site. An enormous subterranean stone tunnel lies under the site, funneling the waters of Bassett Creek to the nearby Mississippi, “the Father of Waters.” Long ago, the Great Northern Railway had its starting point in Minneapolis’s North Loop. Steeped in history and standing on vestiges of the past, Borealis weaves old and new together in a singularly bespoke way.

Designed as a neo-Warehouse District building meant to complement its historic neighbors, Borealis opened in March 2018. It replaced a parking lot near the adjoining 1893 Itasca V building, also owned by Solhem. Borealis brings energy and life to the historic streetscape while providing extra parking for commuters and theater patrons. We aim to create community through thoughtful, sustainable design infused with a fun, modern vibe.

A logo with a sun and face in the middle and the word solhem below it.

OUR COMPANY

In 2008, Solhem developed its first building, Solhem ("sun home" in Swedish), on a busy block in the Uptown neighborhood. Though Solhem sold the original property, its spirit lives on in the company name. When partners approached the team about bringing the Solhem concept to the North Loop, a second property, Soltvå, came to life. Borealis is Solhem's fourth project in the North Loop.

From the outset, Solhem has harnessed the power of good design and warm hospitality to improve the quality of life for residents and their surrounding communities. We know that good design is good for people and the planet, and warm hospitality builds lasting communities. Today, we are recognized as innovators in sustainable design and construction, and as leaders in building hospitable spaces where new friendships blossom.

Over the last 17 years, Solhem has developed and managed 30+ multi-family properties in some of the Twin Cities' hottest neighborhoods. Recognized as a best-in-class management and development company, Solhem creates beautiful, sustainable communities that people love.