$20M Flux Apartments bring new life to downtown Des Moines
via KCCI Des Moines “The $20 million Flux Apartments are bringing new life to Walnut Street in downtown Des Moines.” View More.
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Press
Latest North Loop project sets the stage for a long-desired park
via Minneapolis/ St. Paul Business Journal “A fresh proposal for a North Loop apartment building might be most notable for what isn’t being developed: more than a half-acre of land in the middle of a bustling neighborhood where space is at a prime. Schafer Richardson is planning a six-story building with 145 apartments at 747 North Third St.…
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Hawthorne EcoVillage Apartments took a village to build it
via Finance and Commerce It took 10 years and complex financing, but a 75-unit affordable and sustainable housing development is finally open on a busy corner of north Minneapolis. The $18 million Hawthorne EcoVillage Apartments, at 617 Lowry Ave. N., was developed by Minneapolis-based Project for Pride in Living. On Wednesday, the developer and other supporters celebrated…
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City Officials Celebrate Grand Opening of North Minneapolis Affordable Housing Complex
via KSTP ” Minneapolis city officials celebrated the grand opening of the EcoVillage affordable housing development in North Minneapolis Wednesday afternoon.” Read More.
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Proposal to convert Bunge elevator to apartments heads to Minneapolis Planning commission for vote
via Star Tribune “An affordable housing developer’s proposal to rezone the Bunge grain elevator into apartments was approved Thursday by the Minneapolis Heritage Preservation Commission. The plan by Project for Pride in Living and Riverton Community Housing requires cutting the 115-foot elevators down to 25 feet, allowing for the construction of two different complexes, Maya…
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Aeon to Develop New Affordable Housing in Twin Cities
via Multi-Housing News “The nonprofit plans to build Greenway Terrace Apartments, a 54-unit community in Ramsey, Minn. The grand opening is expected in late 2018. Located on the block bordered by Center Street, 146th Avenue, Traprock Street and Ramsey Parkway, the three-story community will be two blocks from the Ramsey station of the Northstar commuter…
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Beacon Outreach Helps Homeless Youth
via Edina Magazine “Beacon is a collaborative organization of Twin Cities congregations working together on issues of housing, shelter and advocacy. Founded in 1999, Beacon has been actively building or preserving affordable housing for homeless families, youth and adults. Beacon has created almost 500 homes for about 800 people across the metro area. Its most…
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Schafer Richardson to break ground on apartments overlooking the Mississippi River in St. Paul
via Minneapolis/St. Paul Business Journal “Schafer Richardson Inc. will begin construction in the next couple weeks on a six-story apartment building that will have a rooftop deck looking out toward the Mississippi River near downtown St. Paul. The Minneapolis developer and its financial partner, Switzerland-based UBS, have acquired a 1.3-acre parking lot at 200 Exchange…
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East Town project to begin in March near Vikings stadium
via Finance & Commerce “The $37 million East Town Apartments project planned in downtown Minneapolis appears to be back on track. The Hennepin County Board on Tuesday addressed a financing glitch by approving a one-year extension of loan documents tied to the issuance of up to $20 million in tax-exempt multifamily housing revenue bonds for…
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First new apartments since 1970s set in Richfield neighborhood
via Star Tribune “St. Louis Park-based Inland Development Partners in tandem with Kraus-Anderson Construction landed backing from the Richfield City Council for the Chamberlain Apartments this fall after meeting with neighbors of the project near 18th Avenue S. between 66th and 68th streets. The project will contain a mix of market-rate and affordable units and…
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