Closed north Minneapolis riverfront roofing plant hits market
CBRE has listed the closed Building Materials Manufacturing roofing plant at 50 Lowry Ave. N. in north Minneapolis as a 13-acre Mississippi riverfront redevelopment opportunity.[1]
The riverfront site includes roughly 117,000 square feet of buildings and three rail spurs.[1] CBRE did not disclose an asking price when it listed the property.[1] The site is zoned Corridor Mixed-Use and is assessed at just over $5 million for 2026.[1]
Building Materials Manufacturing, part of roofing giant GAF, closed the north Minneapolis plant earlier this year and laid off about 120 workers.[1] The parcel sits just south of the $350 million Upper Harbor Terminal redevelopment that is now under construction.[1]
The CBRE listing puts a large riverfront parcel on the market at a moment of active redevelopment along the Mississippi in north Minneapolis.[1]
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📌 Key Facts
- Building Materials Manufacturing (part of GAF) closed its north Minneapolis roofing plant at 50 Lowry Ave. N., laying off about 120 workers earlier this year.
- CBRE has listed the 13-acre Mississippi riverfront property, with roughly 117,000 square feet of buildings and three rail spurs, as a redevelopment opportunity with no asking price disclosed.
- The site is zoned Corridor Mixed-Use, is assessed at just over $5 million for 2026, and sits just south of the $350 million Upper Harbor Terminal redevelopment project now under construction.
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