The North Loop Neighborhood, located in what is frequently referred to as the Warehouse District, offers unique housing options, entertainment, fine dining, and specialty shops-many within the original warehouses of the North Loop's historic heyday. True to the unique nature of this neighborhood, you won't find any chain restaurants in this part of town. You'll discover one-of-a-kind retailers, quaint coffee shops, eclectic restaurants, and lively nightclubs nestled in the historic buildings; many owned and operated by neighborhood residents. The North Loop Neighborhood is immediately adjacent to downtown; served by LRT and many bus routes; and is the home of the Minnesota Twins Target Field (opening in 2010), the Federal Reserve Bank of Minneapolis, the Minneapolis Farmers Market, and the headquarters of Metro Transit.
(Description from livemsp.org)
For detailed demographic information, see the neighborhood profile from Minnesota Compass.