Community Planning & Economic Development

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Stone Arch Lofts

600 Second Street South

Stone Arch Lofts is a housing development consisting of 35 for-sale units and one unit owned by the association to be rented to the building caretaker. This is one of three related housing developments North Star Lofts, Stone Arch Lofts and Washburn Lofts. All units in Stone Arch have two-bedrooms plus den and will contain 1,730 to 3,220 square feet of living space. This building has 10 floors and resembles the architectural style of the adjacent buildings. The three lower floors are a parking area of 129 parking spaces. The top seven floors are the housing units. Renovation is complete on the Stone Arch Lofts, and all units have been sold.

Developer:

Brighton Development

Financing:

$17,113,500 Sale Proceeds

$178,000 Reimbursement of land sale proceeds for environmental cleanup

$2,411,385 Historic Restoration Funding

Total Development Cost: 

$19,804,006

Number of Units:

35

Site Size: 

49,430 square feet

Renovation Began: 

1999 

Completed: 

2001

For Sales Information:

Shel Hoffman at (612) 623-1199

May 2001

Last updated Oct 28, 2011