Department of Community Planning & Economic Development (CPED)
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Featured Project
Construction of Longfellow Station, located on the Hiawatha Light Rail corridor, under way!
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Over $8 million in grants and deferred loan funding was used for acquisition, contamination clean-up and demolition of the old Purina Mill in order to prepare the site for redevelopment. Longfellow Station will provide an affordable and attractive community. Its access to transit and proximity to major employment sites –downtown, Mall of America and the Veteran’s Hospital as well as to Lake Street retail and the Mississippi River—will boost the demand for the project. | |
Construction of Longfellow Station, the 180-unit, mixed-income property located on the Hiawatha Light Rail corridor, is underway. The redevelopment of this site is a crucial component of a strategy to begin the revitalization of the east side of the Hiawatha corridor. This project punctures a hole in the “cement curtain” allowing for a pedestrian friendly portal between the Hiawatha Light Rail Line and the neighborhood to the east. It also promotes a transit oriented, high density project which is important to the success of the Hiawatha LRT. Developer Sherman Associates utilized Low Income Housing Tax Credits, traditional financing and numerous other local, county and state programs to leverage the funds needed to complete the 14-month construction. The development will open in the fall and includes 10,000 square feet of retail space. The City of Minneapolis provided $1.9 million in financing from its Affordable Housing Trust Fund. Total development cost: $30 million.
Last updated Dec. 6, 2013
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