The structure was topped out in a ceremony held on August 17, 2006, and the six spires were added on November 1-2, 2006, surpassing Minnesota's previous tallest residential building, the Jackson Tower in St. Paul.

The height of 468'-8" includes 28'-0" spires.

The tower features views of the Mississippi River, just two blocks to the north, and the downtown Minneapolis skyline to the south.

It stands just one block from the 3rd Avenue Bridge over the Mississippi River, overlooking St. Anthony Falls.

This project was given a conditional use permit by the Minneapolis Planning Commission on August 19, 2003. The Minneapolis Historic Preservation Commission approved the design on October 22, 2003.

The first proposal would have reskinned the adjacent lowrise Bridge Place I and converted it into resident parking. Instead this building was demolished and replaced with entirely new construction.

The building survived an appeal in front of the city's Zoning & Planning Committee on November 13, 2003 and was granted final approval by the City Council on November 21, 2003.

The main entrance is set back from 3rd Avenue and off of a small driveway. The main parking entrance is off of 2nd Street, and the loading dock is off of 1st Street.

Originally known as Bridge Place, the name was changed to The Carlyle when marketing began in February 2004.

The eastern end of the Janney, Semple, Hill & Company Warehouse formerly occupied the northern end of this site.

Demolition of the existing HUD Building took place in May and June 2004. This was to have been followed in the mid-1980's by Bridge Place II, but those plans never materialized; the Carlyle was constructed on the entire lot.

A sales office at 100 3rd Avenue South opened on June 26, 2004.

Reports indicate that more than 60% of the available units were reserved by prospective buyers during the opening weekend.

The sales trailer was moved off-site to a parking lot across 3rd Avenue, along 2nd Street South in early September.

With more than 80% of units reserved by mid-August 2004, a ceremonial groundbreaking took place on September 29, 2004.

The Carlyle is the tallest residential building in Minneapolis, and the tallest in the city north of 4th Street.

This may not be the city's tallest residential tower for long, as The Nicollet proposal was announced in late summer 2004.

The first facade panels were installed in mid-December 2005.

Upon completion, the Carlyle became the tallest newly-constructed residential building in the Midwest outside of Chicago.

Despite overtaking the Jackson Tower in total height, this building's highest residential floor is 10'-2" lower than in the Jackson Tower.