Ever Upward

Red Leaf Partners makes long-term investments through real estate developments that honor the history, scale, and way of life of Excelsior.

Excelsior, Minnesota

We believe Excelsior to be among the best small towns in America. Founded by New Englanders, Excelsior represents an east coast ideal in an inland lakeside setting. Its well-preserved historic village has narrow streets and a walkable retail district with a terminus at 13 acres of public commons along Lake Minnetonka, one of the country’s most storied bodies of water. Only 2,300 residents call Excelsior home, but hundreds of thousands visit its idyllic streetscape in any given year.

For many, Excelsior is a nostalgic memory of a long ago place. A tourism destination, an amusement park, the grounds of their teenage playground, a theater, a dance hall, a boat ride, a homecoming parade. For others it’s a place that’s visited only occasionally. For yet others, it’s simply home.

Red Leaf Partners has led the investment of over $50 Million into Excelsior’s future while honoring its past, through both historic preservation of its existing assets and redevelopments that complement its historic fabric.

Water Streetscape through the Decades

Historic images courtesy of Lake Minnetonka Historical Society

Investing in Excelsior’s streetscape.

Streetscapes are living organisms that must adapt as a community grows and evolves. In historic communities, they become central to the identity of a place - representing what a community was, what it is, and what it can be. They are shaped by events - natural disasters, recessions, closures, pandemics, changing transportation, eCommerce, sprawl - things that modify their utility and test their survival. Consisting of varying uses, owners, and storefronts spanning styles and eras, together these eclectic pieces become the physical fabric of a community.

Red Leaf Partners believes in protecting what is most beloved about historic communities - its streetscapes - through ensuring its fabric is nurtured, preserved, and adaptable to change.

Our Properties

  • One West Drive

    1 West Drive

    A former library, fire station, and tax exempt surface lot is reimagined as a lushly landscaped rental community, with 49 boutique residences and 244 public parking stalls.

    For Leasing Information:

    onewestdr.com

  • Golden Rule

    350 Water Street

    A renovated Water Street cottage preserves Excelsior’s eclectic streetscape while challenging retail stereotypes.

    shopgoldenrule.com

  • Layline

    301 Water Street

    An adaptive reuse of a former service station, Layline is a partnership between Innerbloom Hospitality and chef Daniel Del Prado with an American kitchen blurring indoor and outdoor spaces.

    laylinerestaurant.com

  • Maple House

    441 2nd Street

    One of Excelsior’s original boarding houses becomes Excelsior’s first private commercial club, along with its sister building, Rose House.

  • AVAILABLE FOR LEASE

    291 Water Street

    Up to 2,371 SF of prime retail space on one of Excelsior’s most prominent corners.

    Contact Dan Johnson at dan@redleafpartners.com for more information.

  • Ace

    356 Water Street

    A garage on Water Street becomes a microcosm of experiential retail.

    shopacegeneralstore.com

  • Olive's

    287 Water Street

    Formerly occupied by Tonka Printing and Water Street Clothing, now home to the well-loved wood-fired pizza of Olive’s Fresh.

    olivesfreshexcelsior.com

  • Rose House

    429 2nd Street

    Originally an annex to Excelsior’s grand White House hotel, and later home to an undertaker and eventually a restaurant, Rose House is home to a private commercial club with its adjacent brother, Maple House.

  • Coming Soon

    293 Water Street

    Located on Excelsior’s most prominent intersection at the corner of 3rd Street and Water Street, 293 Water Street is one of the only undeveloped sites in Excelsior’s historic district. Capable of accommodating a one or two story retail building with a 3,000 SF floorplate.

    For leasing inquiries: dan@redleafpartners.com

Dan Johnson

dan@redleafpartners.com

Dan Johnson has spent his 20 year career shaping complex real estate projects to be compatible with the communities they serve. He has negotiated thousands of real estate transactions across the country in 47 states. Unique among real estate practitioners, his experience spans both geography and product type - with experience in retail, office, industrial, medical, multi-family, mixed-use, residential, and raw land development.

A lifelong resident of Excelsior, Minnesota, Dan is passionate about the history of Lake Minnetonka and positioning Excelsior’s historic assets to create a more vibrant commercial and livable residential neighborhood. He is a former board member of the Excelsior-Lake Minnetonka Historical Society and the park conservancy Community for the Commons where he led or co-led the Excelsior Commons Master Plan and Commons Pavilion projects.

Mitch Day

mitch@redleafpartners.com

As an attorney and former officer in the United States Army, Mitch is adept at leading teams and navigating complex negotiations.

A graduate of the United States Military Academy at West Point and US Army Ranger School, Mitch’s military career included stints in Afghanistan, Texas, and Alaska. Following his service, Mitch received his J.D. from the New York University School of Law, where he served as Editor in Chief of NYU’s Journal of Law and Liberty. After law school he joined the international law firm Jones Day, where he practiced general corporate law, with a focus on capital markets. Mitch’s transactional experience includes representing U.S. and international clients on a broad range of transactions, including leases, acquisitions, public and private equity and debt offerings, and restructurings and advising clients on corporate governance matters.

Mitch is on the Young Professionals Board of Directors of the Minnesota Chapter of Folds of Honor and the Board of Directors of the Lake Minnetonka Excelsior Morning Rotary Club. He and his wife Katie live in Excelsior, Minnesota.

Jesse Nelson

jesse@redleafpartners.com

Jesse has spent his career as an educator and coach. He serves as an asset manager for Red Leaf Partners properties.

A graduate of Concordia College - Moorhead, Jesse graduated with a major in Education while serving as the captain and quarterback of the Cobbers football team. After graduation, Jesse became a college football coach with stops at the University of South Dakota and the University of Minnesota. He completed his Masters Degree in Kinesiology from the University of Minnesota in 2011.

Jesse coaches high school football and adaptive bowling at his alma mater, Minnetonka High School. He and his wife Sarah live in Excelsior, Minnesota with their three children.