The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-03-25

now approaching completion, is that
with three quarters of The space on the
first eight floors already spoken for, the
effect on other buildings is scarcely
noticeable.
:" For instance, altho two Of the large
firms in the Andrus building, which are
able space in that building, this room
is already rented. In the Metropolitan
Life building one floor, and part Of
another, was vacated by the 500 road,
when it moved into its new building,
and this space is already taken.
Few New Firms.
Zone naturally is led to inquire
where the new firms come from. Only
a moderate percentage OF the firms are
so crowded in their present quarters
that they have to take double the
amount Of space, due to the wonderful
increase in business the past few years.
"The new Chamber of Commerce is
taxed to its utterm0st and it is safe to
say that if there were two additional
floors they would be taken at once by
tenants already in the building who
need more room. 49,
cat present the indications are that
by midsummer there will be no vacant
!
which has in the neighherhoed Of $780,
600 square feet of space. Of the space
already rented, one noticeable feature is
that most Of the tenants are taking a
large amount, as the present list Of ten
ants shows less than forty, which speaks
for itself. fEEf
Physicians. are Homeless
"The situation regarding offices suit
able for doctors is more critical than
even for business firms. The intention
building is to have business firms only,
his theory being that doctors should be
| accommodated in buildings by them
selve. From applications received at
least two floors Of the building could be
filed by doctors, but it is reasonably
assured that some will recognize the
need and build physicians building.
If it lis not done tbs doctors will prob
ably be compelled to- organize a com
pany Of their own and put up such a
building. = -: f.. ss.y 5
| Gone year ago, when the fact was
made public that we were to have a new
building in the city and the plan was
given out for the erection Of such a
building at Second avenue s.. and
Fourth street, and it was known that
the Security bank was to take the en-
tire ground t1o0r, a good many remarks
were passed that the site was off to one
side. Now, even before the building
is finished, it is pretty generally recog-
nized that it is one Of the best possible
locations in the city. .. -.-.> i. q,
Finished in Marble. -
"The banking room and main en-.
trance lobby are going to be features Of
the building, and one cannot help being
impressed with the lightness and arts
tic elegance Of the rooms. The mair
entrance is to be finished entirely in
marble and all columns that show II
the entrance and the banking room are
to be encased in Italian veined mar
ble.''
The tenant list of the Security build
ing is made up Of frst-class firms. One
of the entire wings of one of the upper
floors is: taken by a leading grain firm
The entire Second avenue frontage Of
one floor is rented by a single firm, anl
several large lumber firms have each Sc
cured a large amount Of space. Othe,
rented quarters are taken by lawyers
capitalists and real estate firms.
The presence, Of banking facilities il
the building as well as vaults ant
safety deposit Accommodations, has beel
factor in the popularity of the build
ing among prospective tenants.