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Ground broken on $54M Green Line housingdevelopmentBy Frederick Melo
[email protected] (mailto:[email protected]?subject=TwinCities.com: )POSTED: 06/24/2015 12:01:00 AM CDTUPDATED: 06/24/2015 02:58:00 PM CDT
(/portlet/article/html/imageDisplay.jsp?contentItemRelationshipId=6904966)An artist's rendering shows 2700 University, a $54 million mixeduse, transitoriented luxury residential apartment development nearthe Green Line's Westgate station . The building also includes retail space in the street front. (Courtesy of Flaherty & CollinsProperties)
In 2017, riders entering St. Paul on the Green Line will be greeted by a sight a decade in the making: a $54
million building that bears the words "Saint Paul" in large letters along its roofline.
On Tuesday, St. Paul Mayor Chris Coleman joined representatives of Flaherty and Collins Properties, the
Metropolitan Council, Minneapolisbased UrbanWorks architects, KrausAnderson construction, and a St.
Paulbased affordable housing developer the Local Initiatives Support Corporation in breaking ground on
the sixstory mixedincome housing development.
The officials acknowledged that plans for "2700 University" and even developers had switched up since early
conversations in 2007, when Wellington Management envisioned a ninestory office tower and grocery store.
The site is next to the Metro Lofts building and in front of the 808 Berry Place apartments. St. Paul has been
transitioning the former industrial land to new uses for a decade or more.
Of the 248 apartments at 2700 University, about 50 will be set aside as affordable rentals for people who earn
50 percent or less of area median income. The rest of the studio, onebedroom and twobedroom units will rent
for market prices, which are estimated to be $1,400 to $1,500 on average.
More information is online at the City Hall Scoop blog, blogs.twincities.com/cityhallscoop
(http://blogs.twincities.com/cityhallscoop).
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