Community Planning & Economic Development

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Old Third Avenue Townhomes

929 Third Avenue Northeast

Central Community Housing Trust  is developing the Old Third Avenue Townhomes project as a part of a broader development at Third and Central avenues NE in the St. Anthony East Neighborhood. The townhomes development will include eight units of market rate housing. Townhomes sales prices are expected to start at $220,000.

The larger development also includes Clare Apartments a four-story mixed-use building with 31 units of affordable housing for people with HIV/AIDS, one resident support unit and office space to be developed by Clare Housing.

The project will include surface parking and green space on adjacent parcels to be shared by the two projects and the surrounding community.

Developer:

Central Community Housing Trust

Architect:

Cermak Rhoades Architects

City Financing:

$423,500 Tax-Increment Financing

Total Development Cost: 

Approximately $2.3 million

Number of Units: 

8

Unit Sizes: 

3-bedroom

Construction began: 

October 2004

Expected completion date:

Summer 2005

Information subject to change.

June 2005

Last updated May. 2, 2012