Longfellow Station - (3801 Hiawatha Avenue)

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min-chi-cbus
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Re: Longfellow Station - (3801 Hiawatha Avenue)

Postby min-chi-cbus » April 15th, 2013, 11:17 am

The original proposal that I read said up to 2,000 units (which I also highly doubt). I'm not sure where I saw that but it's likely somewhere in this thread.

Moderato
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Re: Longfellow Station - (3801 Hiawatha Avenue)

Postby Moderato » April 16th, 2013, 10:43 pm

I have driven by this project a number of times recently. I'm not sure this one will lease up quickly. Aside from 38th St. station, it doesn't have that much going for it from a location standpoint. The plot is bordered by Hiawatha Ave, train tracks, a power substation (I think) and whatever retail goes in. It's a pretty long walk to the river or Lake Hiawatha or the falls, and there isn't much nearby in terms of dining or retail options. To me, this project has the potential be the poster child for the apartment boom's eventual bust. A much more attractive project in terms of scale and location would be the new apartments nearby on 46th St. near the Ford Bridge. If I were in the rental market I would much sooner be in there than Longfellow Station.

MNdible
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Re: Longfellow Station - (3801 Hiawatha Avenue)

Postby MNdible » April 16th, 2013, 11:07 pm

Moderato wrote:A much more attractive project in terms of scale and location would be the new apartments nearby on 46th St. near the Ford Bridge.
I think these two projects are at completely different price points. This project isn't charging luxury rents -- it may not be the best location, but then not everybody can afford the best location.

twincitizen
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Re: Longfellow Station - (3801 Hiawatha Avenue)

Postby twincitizen » April 17th, 2013, 7:08 am

Sherman wrote:The proposed development will consist of 180 rental housing units, approximately 10,000 square feet of neighborhood commercial space, and approximately 240 parking spaces (60 surface and 180 covered spaces). 36 (20%) housing units will be affordable to households at or below 50% of Metro Median Income (MMI); an additional 108 (60%) of the housing units will be affordable to households at or below 60% of MMI and 36 (20%) will be market rate.

John21
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Re: Longfellow Station - (3801 Hiawatha Avenue)

Postby John21 » April 20th, 2013, 4:40 pm

Moderato wrote:I have driven by this project a number of times recently. I'm not sure this one will lease up quickly. Aside from 38th St. station, it doesn't have that much going for it from a location standpoint. The plot is bordered by Hiawatha Ave, train tracks, a power substation (I think) and whatever retail goes in. It's a pretty long walk to the river or Lake Hiawatha or the falls, and there isn't much nearby in terms of dining or retail options. To me, this project has the potential be the poster child for the apartment boom's eventual bust. A much more attractive project in terms of scale and location would be the new apartments nearby on 46th St. near the Ford Bridge. If I were in the rental market I would much sooner be in there than Longfellow Station.
Why are you comparing this project with apartments near the Ford Bridge? If you're looking for dining options, walk across Hiawatha and within 2 blocks you'll hit 3.

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Re: Longfellow Station - (3801 Hiawatha Avenue)

Postby Moderato » April 20th, 2013, 9:30 pm

Why not compare them? They're both apartment projects, both in the same basic neighborhood, and both near LRT stations. MNdible's point about the different price points is well taken, but I guess I specifically mention the Ford Bridge project to contrast what I see as the defficiencies of Longfellow Station: big and bulky, short on character, on a very busy road (almost freeway), and no big draw in the immediate vicinity. It might do okay, but I have the same reservations as what John Bell expressed in the article earlier in the thread:

Bell said land that Klodt owns near its 46th Street apartments, Hiawatha Flats, will likely sit dormant for several years as the market shakes out.

“Almost from a layperson’s point of view, you kind of stop and ask, ‘Where are all these people coming from?’” Bell said.

http://finance-commerce.com/2013/02/mul ... watha-lrt/

John21
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Re: Longfellow Station - (3801 Hiawatha Avenue)

Postby John21 » April 21st, 2013, 2:55 pm

The big draw is having a light rail station across the street. Easy access to everything.

bapster2006
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Re: Longfellow Station - (3801 Hiawatha Avenue)

Postby bapster2006 » April 25th, 2013, 4:57 pm

Life on the tracks
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bapster2006
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Re: Longfellow Station - (3801 Hiawatha Avenue)

Postby bapster2006 » May 3rd, 2013, 4:26 pm

By the way, here is the master plan showing the 1500-2000 units that was mentioned earlier.
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gahwi003
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Re: Longfellow Station - (3801 Hiawatha Avenue)

Postby gahwi003 » May 3rd, 2013, 6:00 pm

WOW! :shock:

Moderato
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Re: Longfellow Station - (3801 Hiawatha Avenue)

Postby Moderato » May 3rd, 2013, 8:40 pm

WOW is right! If anything like that came to fruition, I think I would change my tune on this project. Do the developers have some sort of rights to any or all of the land in that model?

mplser
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Re: Longfellow Station - (3801 Hiawatha Avenue)

Postby mplser » May 4th, 2013, 9:15 am

that's some development porn right there

gpete
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Re: Longfellow Station - (3801 Hiawatha Avenue)

Postby gpete » May 5th, 2013, 7:15 am

A lot of the land around there is still actively used and owned by General Mills, ADM, and other various owners. Those plans would appear to be mostly (or completely) fantasy at this point in time.

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FISHMANPET
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Re: Longfellow Station - (3801 Hiawatha Avenue)

Postby FISHMANPET » May 5th, 2013, 12:57 pm

Was that proposal made by the developer or the city, or a combo? Looking at the picture, the buildings currently being built are colored differently than the other "proposed" buildings, telling me that this is a long term proposal by the developer or something the city made to show there could more more development here.
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fehler
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Re: Longfellow Station - (3801 Hiawatha Avenue)

Postby fehler » May 5th, 2013, 8:42 pm

And the colored building looks nothing like the current construction.

the moops
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Re: Longfellow Station - (3801 Hiawatha Avenue)

Postby the moops » May 11th, 2013, 1:04 pm

Moderato wrote:Why not compare them? They're both apartment projects, both in the same basic neighborhood, and both near LRT stations. MNdible's point about the different price points is well taken, but I guess I specifically mention the Ford Bridge project to contrast what I see as the defficiencies of Longfellow Station: big and bulky, short on character, on a very busy road (almost freeway), and no big draw in the immediate vicinity.
The apartments on 46th near the bridge are nearly 3/4 mile away from the 46th St LRT station. It is hardly the same neighborhood considering those apartments are 2 blocks from the river and will be priced much higher than the Longfellow Station ones.

And the complaint about access to restaurants at the Longfellow Station is misguided. Within a 5 block radius there is 9 places to eat. Ranging from fast food to coffee shops to Chinese takeout to brew pubs to BBQ. And if you extend that radius to 10 blocks there is pretty much any type of food imaginable.

mattaudio
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Re: Longfellow Station - (3801 Hiawatha Avenue)

Postby mattaudio » July 8th, 2013, 2:24 pm

Any news on retail tenants in this complex?

blobs
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Re: Longfellow Station - (3801 Hiawatha Avenue)

Postby blobs » July 8th, 2013, 4:00 pm

There's a sign up now saying the owner is looking for a commercial tenant.

John21
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Re: Longfellow Station - (3801 Hiawatha Avenue)

Postby John21 » July 10th, 2013, 5:09 pm

Yeah, no start on the retail building yet. Last time I went by Oaks Station Place they hadn't filled their retail spots so that has me a bit worried about when this one might get started.

fehler
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Re: Longfellow Station - (3801 Hiawatha Avenue)

Postby fehler » November 14th, 2013, 10:22 am

Looks like people are starting to move in, and the "retail" component is being landscaped/paved, so it'll be a few years before we see a store on this corner.


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