Community Planning & Economic Development

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Urban Village

between Aldrich and Dupont Avenue South and between 28th Street to the 29th Street Greenway

This community located adjacent to the 29th Street Greenway between Aldrich and Dupont will be an eclectic, friendly ensemble of architectural forms and will include a 192-unit development of duplexes, town homes, lofts and condominiums. The block between Bryant and Aldrich avenues will also include eight units of low-income rental housing.

Close proximity to bikeways and transit will allow most daily needs to be met on foot, bicycle or by public transit. All three blocks will share public/private space along the Greenway, including a public meeting area at the bridge on Bryant Avenue at 29th Street.

Developer:

Phase One:
Lander Group /Sherman Associates and Country Villa Builders, LLC

Phase Two: Brighton Development Corp.

Financing:

Phase I

$3,969,000 General Obligation Tax Increment Bonds

$950,000 Land Sale Proceeds

$1,000,000 Hennepin County Grant

$640,000 1998 Metropolitan Council Livable Communities

$500,000 1999 Metropolitan Council Livable Communities

$400,000 Minneapolis Public Works

Total Development Cost: 

$7,459,000 (Phase I)

Selling Price:

$90,000-$350,000

Construction Start:

fall 2003

Completion Date:

2005

November 2002

Last updated Oct. 28, 2011