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<br /> <br /> <br />On the Cover: Oasis at Twin Lakes <br />Developer: Dominium/Launch Properties <br />Project: Affordable apartments and retail <br /> <br />Total Development Cost: $130 million (housing only) <br /> <br />Public Financing: <br /> Tax increment financing: $7.4 million (PAYGO, 17 year term) <br /> Met Council Tax Base Revitalization Account cleanup granL: $722,500 <br /> MN DEED Contamination Cleanup Grant: $179,514 <br /> Ramsey County Environmental Response Funds: $210,260 <br /> <br />of senior affordable and 224 units of family affordable housing) in combination with 56,000 sf of <br />retail uses along County Road C. The City is providing assistance in the form of separate <br />PAYGO tax increment financing notes for each apartment building. The remainder of the <br />conventional mortgages. <br /> <br />As of October 21, the Oasis on the west is nearing completion and will start occupancy this <br />winter. The environmental cleanup on the Harbor portion on the east is complete and <br />footings/foundation has begun, with anticipated completion in 2022. <br /> <br />To learn more about the many development projects happening in Roseville, visit <br />https://www.growroseville.com/. <br /> <br /> <br />