East 38th Street & 38th St Station Development

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mattaudio
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Re: 38th Street Corridor & 38th St Station Development

Postby mattaudio » October 2nd, 2018, 9:33 am

kiliff75 wrote:
August 5th, 2018, 6:40 pm
When I drove by last night there was a backhoe next to the gas station at 3800 24th Ave S (where Yellow Tree proposed a 4-story apt building). Demo soon perhaps?
No longer a backhoe on this site, and has a broker board up on the corner (I forget the name). Wonder what that means...

Also, the coffee shop space at 28th Ave, diagonal from Northbound, is back open as Key West Bistro (it's actually just a coffee shop).

twincitizen
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Re: 38th Street Corridor & 38th St Station Development

Postby twincitizen » October 6th, 2018, 1:18 pm

fehler wrote:
April 17th, 2018, 8:19 am
4 story apartments with ground level retail proposed for old gas station at 38th & 24th ave. I heartily approve.

https://nextdoor.com/news_feed/?lc=2718 ... gwu_BtEZH4
This went to Committee of the Whole this week. Plans: http://minneapolismn.gov/www/groups/pub ... 214381.pdf

4 stories - 63 units - 4,450 sf commercial
32 parking spaces
Site includes the gas station property and one SFH to the south

That's a fairly large amount of commercial space for this location...I could see some difficulty in getting that absorbed quickly. There's already plenty (IMO) of commercial space within 1-2 blocks of here. It's interesting because nearly every developer will tell you that including commercial in mixed-use projects is break-even at best (compared to additional units). I'm a little surprised they aren't proposing like half the amount of retail (or none). If the Dreamhaven Books next door were to close, that would provide even more potential commercial space. I'd guess that closure isn't too far off, given the economics of running a bookstore in 2018, age of the owners, etc.

Sara Bergen
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Re: East 38th Street & 38th St Station Development

Postby Sara Bergen » November 7th, 2018, 2:16 pm

Looks like the Standish Cafe is open in the spot recently vacated by Colossal Cafe. It looks like it is also a breakfast/lunch restaurant.

fehler
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Re: East 38th Street & 38th St Station Development

Postby fehler » December 4th, 2018, 2:40 pm

Yellow Tree development at 24th Ave/38th Street was at the CPC on 12/3 with 4000 sqft commercial.

John21
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Re: East 38th Street & 38th St Station Development

Postby John21 » February 8th, 2019, 12:07 pm

https://www.thetaremarket.com/ is moving into the Lander building.

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Anondson
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Re: East 38th Street & 38th St Station Development

Postby Anondson » March 1st, 2019, 10:20 pm

Could just as well posted this to the Hiawatha/Minnehaha RR Line thread, but a proposal is coming to build 200 units (100 affordable) on property currently occupied by grain elevators to the east of Hiawatha.

https://twitter.com/nickmagrino/status/ ... 7397980160

John21
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Re: East 38th Street & 38th St Station Development

Postby John21 » March 2nd, 2019, 10:47 am

Nice! Would this lot be big enough to fit 200 units in a 6+1 or would they have to go higher?

Silophant
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Re: East 38th Street & 38th St Station Development

Postby Silophant » March 2nd, 2019, 4:38 pm

Should be plenty of space for 200 units in a 6-story building, unfortunately. The parcel is that whole section of the block east of the tracks.

John21
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Re: East 38th Street & 38th St Station Development

Postby John21 » May 27th, 2019, 2:14 pm

Phase 1 of Lander's 38th Street development is fully leased. Hopefully this bodes well for phase 2.

Qhaberl
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Re: East 38th Street & 38th St Station Development

Postby Qhaberl » May 27th, 2019, 2:21 pm

Where is this development?


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John21
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Re: East 38th Street & 38th St Station Development

Postby John21 » May 27th, 2019, 6:31 pm

Qhaberl wrote:
May 27th, 2019, 2:21 pm
Where is this development?


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http://38thstreetstation.com/

mamundsen
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Re: East 38th Street & 38th St Station Development

Postby mamundsen » May 27th, 2019, 8:04 pm

Does the Cardinal Bar get any updates?

HiawathaGuy
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Re: 38th Street Corridor & 38th St Station Development

Postby HiawathaGuy » May 28th, 2019, 11:25 am

A year ago, Sara posted this:
Sara Bergen wrote:
May 17th, 2018, 6:44 am
Apparently the Lander development for 38th Street Station is delayed at least a year. My understanding (from an email from CM Johnson) is that there is a financing gap that is somehow related to the affordability requirement attached to the LCDA grant. Reading between the lines, it seems like the affordability requirement was not clear upon application for the LCDA grant. I am guessing that because at the last community meeting I went to Lander specifically stated it was a market rate development. Anyone know what is going on?
Then last fall posted this:
Sara Bergen wrote:
September 28th, 2018, 7:29 am
Aw I heard from a reliable source that the Lander 38th Street Station development is not moving forward. I think they may still do something on 29th Ave since they own so many of those houses, but not the full project that had been presented. Suck---a real loss for this area.
Does anyone have any new updates?

twincitizen
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Re: East 38th Street & 38th St Station Development

Postby twincitizen » May 29th, 2019, 10:10 pm

I emailed Lander about a month ago and got the following response:
For 38th Street Station - You are correct that the project, as approved by the City, has been delayed. As you said it is visionary and also complex. It includes multiple land ownership types, a mix of market rate and affordable housing, and significant public improvements. Grant dollars were received to support the public improvement portions of the project, (new streets, new street lights, public plazas, lighting) however a gap still remains between the actual cost of those improvements and the funds available to construct them. We have had discussions with the City about splitting the project into two phases so that the portion that does not need public improvements can continue forward while additional funds are sought for the public work. Lander Group is continuing to pursue that path although we do not have a specific timeline at this point.

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Nick
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Re: East 38th Street & 38th St Station Development

Postby Nick » May 30th, 2019, 7:12 am

Did you really describe it as “visionary and complex” Matt

mattaudio
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Re: East 38th Street & 38th St Station Development

Postby mattaudio » May 30th, 2019, 7:23 am

Hey now, everyone wants to earn brownie points with Lander, so *fist bump on chest* *fist bump on chest* *two fingers aimed at Matt* respect.

twincitizen
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Re: East 38th Street & 38th St Station Development

Postby twincitizen » June 1st, 2019, 7:04 am

Nick wrote:
May 30th, 2019, 7:12 am
Did you really describe it as “visionary and complex” Matt
Might’ve even slipped in a “game changer”

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Anondson
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Re: East 38th Street & 38th St Station Development

Postby Anondson » July 22nd, 2019, 5:24 pm


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jtoemke
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Re: East 38th Street & 38th St Station Development

Postby jtoemke » July 22nd, 2019, 5:46 pm

Any other details or pics in the locked article? Non-illegal summary would be appreciated.

John21
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Re: East 38th Street & 38th St Station Development

Postby John21 » July 22nd, 2019, 6:41 pm

Nice! Looking forward to more details.


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