Co-developer of Eleven buys condo in the Minneapolis tower

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The co-developer of the Eleven on the River tower in Minneapolis’ Mill District has purchased one of its condominium units for $4 million.

Luigi Bernardi, president of Edina-based Arcadia, which co-developed Eleven alongside Minneapolis-based Ryan Cos. US Inc., purchased a unit on one of the upper floors Jan. 20, according to a certificate of real estate value.

In the interview with the Business Journal in 2019, prior to Eleven’s groundbreaking, Bernardi said he had been living at Hotel Ivy,…

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Caitlin Anderson

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