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The 
Rune. 

This new mixed-use development at the end of Alexandria’s historic main street spans nearly an entire block and combines 72 luxury apartments with 30,000–35,000 square feet of commercial space. Constructed with high-quality concrete and steel, the building features a brick exterior complemented by copper and wood bay windows. The first level offers commercial space fronting a vibrant urban plaza along Broadway and 3rd Avenue, while the upper three levels house spacious, upscale residences with a dedicated entrance on Hawthorne Street.

 

Designed to accommodate diverse needs, the building integrates the site’s unique topography, creating a residential feel on one side and a commercial presence on the other. Amenities include a large rooftop deck, a fitness center, a two-story lounge, a party room, and a private connection between residential and commercial spaces. Additional highlights include two full levels of indoor parking, a 5,000-square-foot amenity deck, and a dynamic courtyard plaza, blending functionality with community-focused design.

CATEGORY

Mixed Use/Multifamily

LOCATION

319 Broadway St., 

Alexandria, MN

COMPLETED

2025

DETAILS

214,180 SF

72 Apartments

25,880 Commercial Space

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