Community Planning & Economic Development

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Shingle Creek Commons

46th & Humboldt Avenues North

Shingle Creek Commons is the senior rental housing component of the overall housing development proposed as part of the Humboldt Avenue Greenway Project. Shingle Creek Commons contains 75 units of senior rental housing for independent seniors with mix of incomes. It is located at 46th and Humboldt Avenues North. The Humboldt Avenue Greenway is primarily a partnership between Hennepin County, the City of Minneapolis, the State of Minnesota, the Lind-Bohanon Neighborhood and the Shingle Creek Neighborhood of Minneapolis. The Humboldt Avenue Greenway will result in a greenway along Humboldt Avenue North to connect communities, provide an amenity, calm traffic and facilitate neighborhood improvement and redevelopment adjacent to the road.

Developer:  

Shingle Creek Senior Housing and CommonBond Communities

Financing: 

FHA-insured housing revenue bonds

 

Neighborhood Revitalization Program funds

 

$1,305,337 land writedown from Hennepin County

City Investment: 

Common Project funds of up to $800,000

 

Tax Increment Financing

Total Development Cost: 

$7,488,263

Number of Units: 

75 units of senior rental housing

Unit Sizes:

One- and two-bedroom

Affordable Units:

Fifteen units will be affordable to incomes below 50% of area median income, with an additional 7 units affordable at 60% of area median income

Construction Start:

February 2001

Completed:

December 2001

For More Information:

Marketing, (651) 291-1750

Developer website about the project.

Information subject to change.

June 2002

Last updated Oct. 28, 2011