Official Name: | Loring Park |
Settlement Type: | Neighborhood |
Mapsize: | 200px |
Coordinates: | 44.97°N -93.2839°W |
Subdivision Type: | Country |
Subdivision Name: | United States |
Subdivision Type1: | State |
Subdivision Type2: | County |
Subdivision Type3: | City |
Subdivision Type4: | Community |
Subdivision Name1: | Minnesota |
Subdivision Name2: | Hennepin |
Subdivision Name3: | Minneapolis |
Subdivision Name4: | Central |
Seat Type: | City Council Ward |
Seat: | 7 |
Leader Title: | Council Member |
Leader Name: | Katie Cashman |
Established Title: | Founded |
Unit Pref: | US |
Area Footnotes: | [1] |
Area Total Sq Mi: | 0.452 |
Area Land Sq Mi: | 0.452 |
Population Total: | 9,718 |
Population As Of: | 2020 |
Population Footnotes: | [2] |
Population Density Sq Mi: | auto |
Postal Code Type: | ZIP code |
Postal Code: | 55403, 55404 |
Area Code: | 612 |
Timezone: | CST |
Utc Offset: | -6 |
Timezone Dst: | CDT |
Utc Offset Dst: | -5 |
Loring Park is a neighborhood in the Central Community of Minneapolis, Minnesota. Located on the southwest corner of downtown Minneapolis, it also lends its name to Loring Park, the largest park in the neighborhood. The official boundaries of the neighborhood are Lyndale Avenue to the west, Interstate 394 to the north, 12th Street to the northeast, Highway 65 to the east, and Interstate 94 to the south. It is located in Minneapolis City Council Ward 7,[3] represented by Katie Cashman.
Loring Park is locally known for its diverse social environment and as a nexus for many arts and cultural events, boasting over 300 businesses and institutions. Loring Park hosts the annual Twin Cities Pride Festival and is the end location of the pride parade. The Loring Park District, according to its official site, offers the "quintessential urban lifestyle," a blend of "condominium and apartment living." The philosophy of the district is one of coalescence: it seeks to mix the old with the new, desiring to become quaint and charming through its combining of the modern with the "historic brownstone."[4]
The Loring Greenway connects Nicollet Mall with Loring Park. The park is surrounded by apartment buildings, many dating from the early 1900s, although recent construction in the area has brought many new town homes and condominiums to the area. In 1972, the Loring Park Development District was created to use tax increment financing to demolish older apartment buildings in an approximately 10-block area and build new higher density buildings and commercial development, such as the Hyatt hotel on Nicollet. The Loring Greenway was created as part of this district.[5] The neighborhood includes part of the Harmon Place Historic District.[6]
In the 2020 Census, 9,718 people lived in the Loring Park neighborhood.[7] According to the 5-year American Community Survey (ACS) data for 2017-2021, 72% of residents were white, 10.9% were Black, 4.7% Asian, 4.6% two or more races, and 5.3% Hispanic or Latino.[8] The neighborhood is majority renters. In the 2017-2021 ACS data, 68.6% of housing units were occupied by renters and 19.6% by owners. The average household size was 1.3 for both owners and renters.[9]
Racial composition | 2020[10] | |
---|---|---|
White (non-Hispanic) | 72.6% | |
Black or African American (non-Hispanic) | 9.9% | |
5.0% | ||
Asian (non-Hispanic) | 5.3% | |
Other race (non-Hispanic) | n/a | |
Two or more races (non-Hispanic) | 3.7% |