The YMCA in downtown Minneapolis, Minnesota, could be headed for a new home.
"The YMCA of the Greater Twin Cities hired [real estate firm] CBRE to look at alternative locations and to evaluate the current Minneapolis Downtown YMCA," YMCA spokesperson Joan Schimml told the Minneapolis Business Journal. "The Y is committed to the downtown community and intends to deliver a full array of services, including a hub around social responsibility. More information will be available in 90 days."
The property's market value is $5.4 million, according to the Minneapolis Business Journal report.
The 28,012-square-foot facility has fitness studios, cardio equipment, resistance training machines, free weights, a track and racquetball courts. It also has an indoor lap pool, whirlpool, a basketball court and child care facilities.
The YMCA's presence in the Twin Cities dates back to 1866 when the first offices opened in downtown Minneapolis.
The downtown branch was established in 1892 as a full facility and residence and eventually moved to a new 12-story building in 1919. That building at 36 South 9th Street is on the National Register of Historic Places.
The Late Gothic Revival-style building cost $1.15 million, and the money to build it was raised over the span of eight days in 1916, according to the National Register of Historic Places. There were 4,000 boys and men enrolled in YMCA activities in Minneapolis at that time.
The downtown branch moved out of that building in 1990 to its current location at 16 South 9th Street.