Wall Street Journal - Cecilie Rohwedder — Developers are building high-end homes in revitalized urban neighborhoods with waterfront views for residents drawn to quality of life and prime locations.

Randy and Gail Ross recently downsized from a suburban house on a lake near Minneapolis to a luxury condominium in the city’s downtown district— but they still have a water view.

From nearly every room of their 14th-floor condominium at the Legacy, a new 374-unit residential tower in Minneapolis, they overlook the Mississippi River, as well as St. Anthony Falls and the historic Stone Arch Bridge.