1800 Plymouth Avenue Townhomes
Olson Development is planning an 18-unit townhome development on this vacant site in the Willard-Hay neighborhood in North Minneapolis. The site is just blocks away from the Heritage Park Project and less than three miles from Downtown Minneapolis. Each unit will have a garden level unfinished expansion space of approximately 500 square feet with a roughed-in second bath. Sales prices will start at $201,600. Buyers earning less than 50 percent of median income will be eligible for assumable second mortgage assistance.
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Developer: |
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Architect: |
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City Financing: |
$180,000 Affordable Ownership Housing Program (AOHP) Buyers 2nd Mortgages |
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$50,000 - Empowerment Zone |
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$146,126 – Neighborhood Revitalization Program/Northway Area Foundation |
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Total Development Cost: |
Approximately $4.1 million |
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Number of Units: |
18 |
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Unit Sizes: |
Units will include approximately 1,100 square feet of finished living space and private screened porches. |
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Parking: |
Single-car garages |
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Construction to begin: |
TBD |
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Expected completion date: |
12 – 18 month construction period |
Information subject to change.
December 2007
Last updated Oct. 28, 2011