Only at Cobalt can you live on top of a new full service Lund's Grocery store, with heated parking, in a world-class european style-walking neighborhood, steps from the river, with amazing floor-to-ceiling-glass, and premier interior finishes. Cobalt Condominiums is a chic, streamlined, and ultra-modern building set amongst the happening and lively area of East Hennepin. Nearby are numerous retail shops, fashionable restaurants. The building is located across the river from Downtown and one mile from the University. Major Features. This spacious one bedroom offers a rare oversized terrace with a spectacular light filled space with floor to ceiling glass.