Affordable Housing

118 AFFORDABLE APARTMENTS COMING TO HOLLAND NEIGHBORHOOD

118 affordable apartments will be complete in just a few months in the Holland neighborhood.

Hook & Ladder Apartments is currently under construction at 2320 Jefferson Street NE. That’s just down the block from the planned market-rate apartment project that we reported on earlier this week (you can read about that project here). When Hook & Ladder is complete later this Fall the project will include two residential buildings, one standing five stories tall and the other three stories. 

Residents who live at Hook & Ladder will need to meet the requirement that their household income is 60% of the area median income or below.

Units within the buildings will range in size and include one, two and three-bedroom layouts.  

One unique aspect of the project is that the taller building has been designed in a way that is consistent with Green Communities requirements (think water saving fixtures, green materials, etc) while the shorter building has been designed to comply with Passive House Certification.

What is Passive House Certification exactly? Buildings that meet the requirements are designed so that they are ultra-tight and high insulated. In the end this ensures that the building consumes less energy for heating and cooling while also improving the overall air quality. 

Residents of the two buildings will have access to shared amenities including a courtyard spanning between the two buildings, an outdoor children’s play area, a dog run and garden plots. Amenities within the three-story building will include a large community room, a fitness center, a library and business center. The five-story building will have a ground floor bike storage room and will also have access to the amenities within the three-story building.

118 parking spaces are included within the entire project. 59 are located on one underground level beneath the three-story building while there are 15 covered and 44 uncovered spots located on a surface parking lot that is accessible off Jefferson Avenue.  

Hook & Ladder Apartments is being developed by Newport Midwest and The Landon Group. The building was designed by LHB Corp and Wenck Associates.  

 

AFFORDABLE AND MARKET-RATE HOUSING PLANNED FOR W LAKE STREET

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What originally was a two-phase residential project on W Lake Street already has a third phase planned.

Lupe Development Partners presented plans earlier this month for a seven-story mixed-use building at 520 W Lake Street. The project would be built directly next door to the twin phase one (currently under construction) and phase two projects that the developer already has planned.

However, before both phase two and phase three can be built they both need to still be approved by the city. Here’s what planned for both those phases.

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THE SECOND PHASE 

Phase two would be constructed at 510 West Lake Street and would include a 6-story residential building that essentially mirrors the design of phase one exactly. The building would include 111 units of affordable workforce housing which would be the same amount of affordable workforce housing as what is included in phase one.

In addition to apartments, the building would have ground floor walk-up townhome units located on along Harriet Avenue, 1,000 square feet of retail space, a fitness facility, business center, clubroom, bicycle maintenance/repair room and other community spaces.

56 enclosed parking spaces would be located on the ground floor and one underground level of the building.

A number of green initiatives would also be featured in the project including a green roof and a 40 kW Solar PV collection system that would power the common areas within the building.

THE THIRD PHASE

Located directly next to phase two will be phase three.

Phase three would be a seven-story building with 92 market-rate apartments along with 2,600 square feet of ground floor retail space split into three different spaces. 44 parking spaces would be included on one above ground and one underground level.

Units within the building will include studios, alcoves, one-bedroom and two-bedroom apartments.

Residents would have access to a large ground floor lobby, a bike room with space for 81 bikes, a second level outdoor courtyard and indoor clubroom/lounge, and last but not least a seventh-floor sky lounge with views of Downtown Minneapolis.

Construction on phase three would occur at the same time as phase two and would begin in May 2020. Both projects are anticipated to be complete in late 2021.

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AFFORDABLE WORKFORCE HOUSING DETAILS

When it comes to phase one and phase two, income restrictions will be applied to those individuals who wish to live within the buildings. 

99 units will meet the 50% AMI (area median income) requirement with around 20 of those units being set aside for those who meet a 30% AMI requirement. Those units will serve homeless veterans and/or county homeless clients.

All three buildings were designed by ESG Architecture & Design and will be constructed with the same construction program and quality meaning residents won’t notice the difference between the affordable workforce and market-rate units.

The reason that not all three phases include affordable workforce housing is that the developer wanted to present an opportunity for those who might live in the workforce housing and eventually surpass the income restriction. The third phase of market-rate apartments would give an option to those would like to remain in the neighborhood when their income becomes too high to live in the affordable workforce housing.

Plans for 520 W Lake Street went before the Minneapolis Planning Commission Committee of the Whole for feedback at their August 22nd meeting. The project will be presented to the Minneapolis Planning Commission for approval later this fall.

 

ARTSPACE PLANS AFFORDABLE ARTIST APARTMENTS

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Artspace is planning more affordable artist apartments in Minneapolis, this time in the Harrison neighborhood.

Northside Artspace Lofts will be built on a site that is currently home to a warehouse located at 221 Irving Avenue N. Once complete the building will stand 5-stories tall and will feature commercial space, amenity space and 100 affordable apartments for working artists.

The ground floor of the building will house the lobby, a 2,565 square commercial space, three art studios, two large common studios, a dance/exercise room and a large community room. Floors two through five will house the residential units. 104 parking spaces will be located on the ground floor and one underground level of the building.

Units within the building will range in size and will include studios, one-bedroom, two-bedroom and three-bedroom units.

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10 of the 26 three-bedroom units will be available to those with project-based section 8 vouchers. 70 of the units within the building will be available to households with an income at or below 60 percent of the area median income (AMI). 20 units within the project will be reserved for households within an income at or below 50 percent of the AMI and ten units will be reserved for households with an income at or below 30 percent of the AMI. 

Did you get all that? Message us if you’ve got questions.

One exciting aspect of the project is that the commercial space has already been leased to Juxtaposition Arts. They’re a local youth oriented non-profit visual art center that is known for their community collaborations, studio classes and workshops, public mural programs, art exhibitions and more. Talk about the perfect tenant for a project like this.  

The team working on Northside Artspace Lofts includes Collage Architects, Wellington Management, Artspace, LHB and Wenck.

Construction on the project is anticipated to begin later this year.

 

AFFORDABLE APARTMENTS PLANNED FOR THE NORTH LOOP

A planned mixed-use project in the North Loop has made the switch from market-rate to affordable apartments.

The Redwell will be constructed on the corner of N 10th Avenue and N 3rd Street at 1000 N 3rd Street. The site is currently occupied by the Zuccaro’s Produce warehouse which will be demolished in order for the new building to be constructed.

The new building once complete will stand six stories tall and will feature 109 affordable apartments and 10,200 square feet of ground floor commercial space. In order to secure a unit within the building an applicant’s income will need to be 60 percent or less of the area median income.

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Schafer Richardson is the developer behind The Redwell. They have a number of complete projects within the North Loop and also were the developers who recently constructed a large parking ramp with ground floor retail space next to the site that The Redwell will occupy.

This isn’t the first proposal for the Zuccaro’s Produce site. Originally Schafer Richardson had proposed keeping the existing warehouse and adding two additional floors of office space to the building. Those plans never came to fruition and the company returned last year with the original proposal for The Redwell. At that time the project was proposed to include 129 market-rate apartments and roughly the same amount of commercial square footage.

UrbanWorks is the architectural firm that has been working on both proposals for the site. With the new proposal the overall design for the building has remained largely the same, however throughout the residential floors a few units have been combined in order to create 2-bedroom units (hence the decrease in the overall unit count).

A development with affordable apartments will be a welcome addition to the North Loop neighborhood especially after Dominium’s proposed conversion of the Duffy Paper building in affordable apartments fell through last year. 

Construction on The Redwell is anticipated to begin later this year.

 

NORTH LOOP'S DUFFEY PAPER BUILDING COULD BECOME HOUSING

Domimium's proposal for 528 Washington Avenue N.

One of North Loop's last remaining large warehouses may soon see new life as housing.

The Duffey Paper building (528 Washington Avenue N) is one of the last remaining undeveloped properties located on Washington Avenue in the North Loop. The massive building once housed Duffey Paper's offices and production facilities, however in 2016 the business ceased operations within the building and since then it has sat largely vacant.

Plymouth based Dominium would be responsible for the new redevelopment of the building. Dubbed "Iron Store", that project would bring 200 affordable housing units to the North Loop. The project is unique in the fact that 100 percent units would be affordable units, something that the North Loop, one of the most expensive areas to live in Minneapolis, is greatly lacking.

THE PLANS

The large seven story building located at the corner of Washington Avenue and N 6th Avenue would have it's exterior restored and the interior converted into apartments. In addition, Dominium would renovate two additional 1916 warehouses located to the right of the Duffey Paper building into apartments with the grand total for apartments in all three buildings coming in around 140.

But wait, there's more.

Dominium also has plans for the vacant parking lot at the corner of the site at the intersection of Washington Avenue and N 5th Avenue. Plans for that site would include a new residential building that would also house affordable apartment units, about 60 in total, along with underground parking.

Dominium hopes to begin construction on the project in 2019 with an anticipated completion in 2021.

ABOUT DOMINIUM

Based out of Plymouth, MN, Dominium "is one of the nation’s largest and most innovative affordable housing development and management companies." They're no stranger to developing housing and affordable housing is one of their specialties. To top it off, they're skilled in restoring and reconfiguring historic buildings.

A-Mill Artist Lofts

A-Mill Artist Lofts

Take for example the A-Mill Artist Lofts, one of Dominium's projects that is within the historic Pillsbury mills located along the Mississippi River. Dominium converted that massive building and a few surrounding buildings from run down warehouses into a thriving artist community of 251 lofts. Best part? 100% of the units are affordable. The total project cost came in around $175,000,000, a huge investment for the neighborhood.

Schmidt Artist Lofts

Schmidt Artist Lofts

Another prime example of Dominium's expertise is the Schmidt Brewery. Completed in 2014, Dominium took that run down site and brought it back to it's former glory, converting the brewery into 247 loft apartments and 13 townhomes. The total investment? $130,000,000.

Those are just two local examples of Dominiums commitment to developing affordable housing. We can't wait to see what magic they work on the Duffy Paper building.