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2. proposes 208 affordable senior apartment units in 3 story <br /> buildings. Underground parking would be required. Oakcrest would be reconstruction <br /> and re-routed through the south end of the site. Two commercial buildings (a total of <br /> 23,800 s.f.) would remain, facing Snelling. The project wou Id add approximately <br /> $15,800,000 in new value to the site. The average value of the apartment unit would be <br /> slightly more than $75,000, including land. Over a ten year period slightly more than <br /> $2.26 million in net new available TIF taxes would be generated. <br /> MAJAMESADDUAMES I SNO <br /> 4 <br />