Development
Big Apartment Proposal Near Plaza Revived by Lane4
By Kevin Collison A big apartment project proposal on Belleview Avenue near the Country Club Plaza is back and this time it’s being pursued by Lane4, an experienced multi-family residential developer. Lane4 Property Group has obtained the rights to develop the site where The Dylan apartment project was proposed more than two years ago. The…
Plan to Redevelop Historic ABC Building on Main Clears First Hurdle
By Kevin Collison A $13 million redevelopment proposal for two historic buildings near Linwood and Main on the planned streetcar route cleared its first hurdle Tuesday with a development agency approving a blight designation and preliminary plan. Exact Partners wants to renovate the six-story ABC Storage Building at 3244 Main and an adjoining three-story building…
Sam Rodgers Housing Project to Add 62 Mixed-Income Apartments
By Kevin Collison Sam Rodgers Place, a 62-unit mixed-income housing development, broke ground Monday on the campus of the Samuel U. Rodgers Health Center near downtown. The development is intended to provide housing to households across the spectrum, from families coming from public housing to market-rate renters. It will include apartments with up to five-bedrooms as…
Stalled Ashland Project Purchased, Work Expected to Resume This Year
By Kevin Collison The long-stalled Ashland on Third apartment development in the River Market has been purchased by a Minneapolis firm that’s expected to tweak the design and resume construction possibly by the end of this year. Oaks Properties has bought the project from KC Commercial Realty Group. KC Commercial began work on what was…
Developer Tackles Historic Building for $120M Affordable Housing Project
By Kevin Collison Fresh from building a super-green apartment complex from scratch, developer Jonathan Arnold is tackling a very different project, renovating a massive, century-old building into affordable housing. Arnold wants to convert the historic National Cloak and Suit Company building at 5401 Independence Ave. into 352 apartments at an estimated cost of $120 million….