Longfellow Station - (3801 Hiawatha Avenue)

Calhoun-Isles, Cedar-Riverside, Longfellow, Nokomis, Phillips, Powderhorn, and Southwest
mplser
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Longfellow Station - (3801 Hiawatha Avenue)

Postby mplser » June 1st, 2012, 5:46 pm

Finessing finance at A-Mill, Longfellow Station
Posted: 7:30 am Fri, June 1, 2012
By Burl Gilyard
Tags: A-Mill Artist Lofts, Dominium, Megan Ryan, Minnesota Housing Finance Agency, NorthMarq Capital, Owen Metz, Pat Minea, Pillsbury A Mill, Sherman Associates, Wes Butler
Financing details continue to shift for two large Minneapolis apartment proposals at closely watched sites.

http://finance-commerce.com/2012/06/fin ... w-station/

John21
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Re: Longfellow Station

Postby John21 » August 28th, 2012, 4:13 pm

I received a construction notice in the mail today that says construction will begin on this project the week of September 4th. Finally!

min-chi-cbus
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Re: Longfellow Station

Postby min-chi-cbus » August 28th, 2012, 4:55 pm

According to my figures then, there are nearly 700 units actively being constructed -- either currently or in upcoming phases (Seward Redesign Project) -- right now along the Hiawatha Corridor. Not bad!

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spectre000
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Re: Longfellow Station

Postby spectre000 » September 4th, 2012, 4:28 pm

http://www.sherman-associates.com/news/ ... n-project/

Image

Sherman Associates closes on $28.5 million Longfellow Station project
Posted on September 4, 2012 by ahalverson
Sherman Associates, Inc.

"Friday, August 31, Sherman Associates closed on the $28.5 million Longfellow Station project, which will provide both affordable and market rate housing to the growing Hiawatha Light Rail corridor. The 180 unit, mixed income property utilized Low Income Housing Tax Credits (LIHTC), traditional financing, and numerous other local, county, and state programs to leverage the funds needed complete the 15 month construction. With rents ranging from $590 to over $1,300 per month, Longfellow Station will provide an affordable and attractive community for one of Minneapolis’ most rapidly evolving neighborhoods."

MNdible
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Re: Longfellow Station

Postby MNdible » September 4th, 2012, 8:38 pm

Wow, this project has been a long time coming. Hopefully there's more to follow.

VAStationDude
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Re: Longfellow Station

Postby VAStationDude » September 7th, 2012, 8:21 am

There's a small construction trailer on site. I don't recall seeing it earlier this week.

John21
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Re: Longfellow Station

Postby John21 » September 17th, 2012, 3:00 pm

They're excavating at this site.

min-chi-cbus
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Re: Longfellow Station

Postby min-chi-cbus » September 18th, 2012, 7:43 am

It looks so much more massive than the 180 units it actually is! But that's one reason why I like this project so much, because it fills in a large area along the corridor with high-density housing, and helps transform this corridor into a truly urban one.

PhilmerPhil
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Re: Longfellow Station

Postby PhilmerPhil » September 18th, 2012, 7:54 am

Hiawatha has quite a ways to go before becoming "truly urban."

New residential buildings along the corridor are like putting lipstick on a pig.

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FISHMANPET
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Re: Longfellow Station

Postby FISHMANPET » September 18th, 2012, 10:38 am

Except if you put enough lipstick on of the right shade it actually becomes a beautiful women.

1200onthemall
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Re: Longfellow Station

Postby 1200onthemall » September 18th, 2012, 10:59 am

FISHMANPET wrote:Except if you put enough lipstick on of the right shade it actually becomes a beautiful women.
Or one ugly drag queen..... :D

min-chi-cbus
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Re: Longfellow Station

Postby min-chi-cbus » September 18th, 2012, 11:56 am

PhilmerPhil wrote:Hiawatha has quite a ways to go before becoming "truly urban."

New residential buildings along the corridor are like putting lipstick on a pig.
Right, but it's a step in the right direction (attractive or no).

martykoessel
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Re: Longfellow Station

Postby martykoessel » September 18th, 2012, 12:24 pm

I think these complaints about the location miss the main point. Longfellow Station uses low-income tax credits to provide lower rents in units with easy access to the LRT and bus lines. With few exceptions (Emanuel, Boxleitner), the apartment developments followed on this site are primarily market rate, and in downtown many are luxury units.

With more and more of the new job opening appearing at the bottom end of the pay spectrum, it's extremely important to create decent, affordable housing for people who will take these jobs but can't easily afford to operate a car, especially to commute to downtown where parking could eat up a good hunk of those low wages. They'll put up with Hiawatha, the rail corridor, and the power lines for a project that addresses this need.

PhilmerPhil
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Re: Longfellow Station

Postby PhilmerPhil » September 18th, 2012, 1:19 pm

I don't think anyone's complaining about the location. It's actually pretty nice--close to LRT, close to Hi-Lake shopping center, nice surrounding neighborhoods and nodes. I just think it's a far cry to call Hiawatha a truly urban corridor.

Instead of comparing it to a pig, let's go with a large woman. You can put lipstick and nice clothes on her (new mixed use buildings), but what she really could use is a diet (fewer lanes) and exercise (better bike facilities and more walkability).

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Nathan
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Re: Longfellow Station

Postby Nathan » September 18th, 2012, 1:33 pm

Amen Brothers! Preach it!

John21
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Re: Longfellow Station

Postby John21 » October 7th, 2012, 8:07 am

Longfellow Station: Construction of Longfellow Station apartments has begun. Applications will be accepted beginning in July 2013 with occupancy expected to begin in September 2013. Commercial construction is set to begin in April 2013 and be completed in December. Agreements to fill the commercial spaces are in the works. Information is available at www.sherman-associates.com

Tcmetro
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Re: Longfellow Station

Postby Tcmetro » October 7th, 2012, 8:42 am

Looks like the building on the corner of 38th and Hiawatha will be a 1 story retail, and the building south of that will be the apartment building.

http://www.sherman-associates.com/longf ... ommerical/

MNdible
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Re: Longfellow Station

Postby MNdible » October 7th, 2012, 12:57 pm

Tcmetro wrote:Looks like the building on the corner of 38th and Hiawatha will be a 1 story retail, and the building south of that will be the apartment building.
That's disappointing. Not surprising, but this project has become less and less impressive as it's evolved over the years.

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Nick
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Re: Longfellow Station

Postby Nick » October 7th, 2012, 5:07 pm

There's a hole over here already.
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fehler
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Re: Longfellow Station

Postby fehler » October 31st, 2012, 2:44 pm

Its starting to poke out above ground level.


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