Aria Event Center in Minneapolis sold to Twin Cities Church
The Aria event center in Minneapolis’ North Loop has been sold to a suburban church group for $10 million.
The popular North Loop wedding venue has a note on its website saying, “We are announcing the news that our building has been acquired by a respected partner/client that we have worked with for over three years. For this reason, we are waiving to any additional reservations.”
“We look forward to ensuring that the events we have already on the calendar are the best yet and we expect to end the year on a high note,” the site said.
River Valley Church, which has multiple Twin Cities locations, purchased the event center at 105 1st Ave. N in Minneapolis on Feb. 11 for $10 million, according to Minnesota Department of Revenue documents. The two parties have entered into a lease-purchase agreement, with Aria leasing the church property for 12 months, after which the church will take full control.
Before becoming an event centre, the building housed the Théâtre de la Jeune between 1992 and 2008.
The church approached Aria’s owners to buy the property, according to the documents, which say “the parties knew each other because the buyer used part of the building under the license agreement.”
River Valley rented the building for weekly Sunday worship services, according to the church’s website. He will also be recording a worship album live at Aria later this week.
The church plans to use the Aria space to house church operations in the future, according to the Business Journal. He can also add additional days of worship once he has fully acquired the building.
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The building, which was built in 1889, will no longer be used as an event center after 2022. Hennepin County property records show it is valued at nearly $3 million.
Other River Valley locations are in Apple Valley, Minnetonka, Eagan, Faribualt, Minnetrista, Shakopee, Woodbury and Mbekelweni, eSwatini, Africa. A new location is also coming to Maple Grove.
The Star Tribune reports that the church is known for its Christian rock bands and video sermons, and is a member of the Pentecostal Assemblies of God.