Citywalk Apartments Rises in Downtown Rochester
Inland National Development and Reuter Walton are building a 342-unit multifamily project at 201 6th Ave. SW.
Updated on Nov. 13, 2026 in Commercial
Inland National Development Co. and Reuter Walton Development are developing Citywalk Apartments, a 342-unit multifamily project in downtown Rochester, Minnesota. Rochester Economic Development Co. provided $90 million in financing for the project.
Why it matters
The project expands the downtown housing supply near the Mayo Clinic and Saint Marys campuses, which the development is expected to serve. Its initial seven-story, 131-unit proposal grew into a 13-story building, reflecting a larger scale for the Rochester downtown market.
The project grew from a proposed seven-story, 131-unit building to a 13-story structure with 342 units, including 90 short-term stay apartments. It will include 250 climate-controlled underground parking spaces, and the source does not disclose the total development cost.
The players
Inland National Development Co.
Inland National Development Co. is a real estate developer with a portfolio of roughly $16 billion in assets under management, and it is co-developing the project as a joint venture.
Reuter Walton Development
Reuter Walton Development is a development firm partnering with Inland National Development Co. on the Citywalk Apartments joint venture.
Rochester Economic Development Co.
Rochester Economic Development Co. is the local economic development organization that provided $90 million in financing for the Citywalk Apartments project.
The details
Citywalk Apartments will offer studio, one-, two- and three-bedroom units at 201 6th Ave. SW, with access to Rochester's pedestrian subway and skyway system. ESG Architecture is serving as architect and interior designer for the project.
Timeline
March 2026: Rochester Economic Development Co. provided $90 million in financing for the project.
2028: The building is scheduled to come online.
Roadmap
The project sits near the downtown Mayo Clinic and Saint Marys campuses and is expected to serve Mayo Clinic personnel. It also gains access to the future Link Bus Rapid Transit line, tying the housing to planned transit in the city.
Renters interested in downtown Rochester living should note that the 342-unit building, with studio through three-bedroom units and 250 underground parking spaces, is not scheduled to come online until 2028. Those near the Mayo Clinic and Saint Marys campuses may find the location convenient for commuting and access to the pedestrian subway and skyway system.
The takeaway
Downtown Rochester housing is expanding toward larger, mixed-use buildings, with this project pairing residential units, short-term stays and structured parking near major medical campuses. Residents and workers planning around the 2028 opening can track the project as it moves toward completion.
Further reading
For more on local property development, browse the Commercial real estate section.
Source note: This article includes information reported by 301 Moved Permanently.
