Loring Park, Minneapolis Explained

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.

Neighborhood characteristics

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]

Notable buildings

Demographics

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]

Gallery

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%

External links

Notes and References

  1. Web site: Loring Park neighborhood in Minneapolis, Minnesota (MN), 55403, 55404 detailed profile . 2011 . . 2013-11-12.
  2. Web site: Loring Park neighborhood data . Minnesota Compass . 2023-02-19.
  3. Web site: Find My Ward . City of Minneapolis . 22 April 2024.
  4. Web site: Home Loring Park District - Downtown Minneapolis. Loring Park District. en-US. 2016-03-08.
  5. Web site: Loring Park: Loring Greenway and Housing Historical Marker . 2023-11-20 . www.hmdb.org . en.
  6. Web site: Minneapolis . City of . Harmon Place Historic District . 2023-11-20 . www2.minneapolismn.gov . en.
  7. Web site: Loring Park MN Compass . 2023-11-20 . Minnesota Compass . en.
  8. Web site: Loring Park MN Compass . 2023-11-20 . Minnesota Compass . en.
  9. Web site: Loring Park MN Compass . 2023-11-20 . Minnesota Compass . en.
  10. Web site: Loring Park | MN Compass .