Prospect Park

This neighborhood offers a range of emerging office and retail opportunities tied to new mixed-use developments, many with ground-floor storefronts adjacent to apartment buildings. With its proximity to the University of Minnesota, Prospect Park is an ideal location for companies seeking access to campus talent and university resources. Excellent transit (Green Line LRT, University Transitway), walkability, and easy freeway access (I‑94, Hwy 280) make the neighborhood equally attractive to local users and visitors.

Prospect Park thrives on creativity and community connection, showcased through beloved neighborhood traditions like the Ice Cream Social, Fire and Ice Festival, and Harvest Fest. The Textile Center, a national hub for fiber arts, offers over 200 classes annually and anchors the area’s vibrant arts scene. The culinary landscape features local favorites like the Market at Malcolm Yards, Surly Brewing, and O’Shaughnessy Distilling, while live music comes to life with summer concerts at Pratt School and Surly’s Festival Field. Rumored to have inspired Bob Dylan’s “All Along the Watchtower,” the neighborhood’s iconic Witch’s Hat Water Tower adds to Prospect Park’s rich cultural and musical legacy.

Prospect Park is at the heart of Minneapolis’ public transportation network and is easily accessible via various transit modes. The Green Line’s Prospect Park Station and Westgate Station operate 24/7 and connect residents to downtown Minneapolis, Saint Paul, the University of Minnesota campus, Target Field and MSP Airport. Commuters from suburbs have easy access to Interstate 35W, Interstate 94, and Highway 280. To reduce the dependence on automobile transportation, bike paths have been created and are maintained throughout the various districts of Prospect Park. The neighborhood is a biker and walker’s paradise with a bike score of 90, a walk score of 73 and it has a transit score of 68.