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2013_0722_packet
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2013_0722_packet
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8/30/2013 2:11:29 PM
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7/19/2013 9:16:01 AM
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LONGFELLOW STATION <br />Minneapolis, MinnesotaProject Details <br />Longfellow Station is a 180-unit transit-oriented " New Construction <br />development located along the Hiawatha Light Rail " 180 Rental Apartments <br />Line in Minneapolis. Located within the mill district of " 10,000 SqFt Commercial / Retail Space <br />the Longfellow Neighborhood, Longfellow Station will " 36 Market-Rate Apartments <br />appeal to families and single adults that rely on public " 144 Affordable Apartments <br />transportation to connect them to employment and " Project Value: $28.3 Million <br />educational opportunities. It is conveniently located " Financing: US Bank Construction Loan, Mass Mutual <br />a few miles south of downtown Minneapolis with 1st Mortgage, Low Income Housing Tax Credits, <br />easy access to major job centers such as Downtown MHFA Challenge Fund, Family Housing Fund, <br />Minneapolis, Mall of America, The University of Affordable Housing Trust Fund, Minneapolis CPED <br />Minnesota, Fairview-Riverside Medical Campus, and Deferred Loan, Hennepin County Affordable <br />the Minneapolis/St. Paul International Airport. The Housing Investment Funds, Met Council Livable <br />development of the Central Corridor Light Rail Communities Demonstration Funds, <br />Line will give additional benefit to the residents of <br />Longfellow Station when completed. Role: Developer, General Partner, Property Manager <br />Emphasis in the design process has been placed on Anticipated Completion: November, 2013 <br />unit and common area amenities in order to compete <br />with market-rate product in the area. Units feature <br />open layouts, dishwasher, in-unit washer & dryer, a <br />built-in office niche, and fiber optic wiring. Common <br />area amenities include a community room, coffee area, <br />business center, fitness room, theatre room, bike <br />repair area, bike storage, heated underground parking, <br />a dog run, and tot-lot. <br />Project Currently Under Construction <br />COMPANY PROFILE: Development Experience <br /> <br />
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