Doubling down in downtown
The downtown Minneapolis apartment building boom could soon produce much higher vacancy rates, according to the recent Compass report. So is it a good idea to be building more apartments in the...
View ArticlePressure is on Penfield apartments
The city of St. Paul’s second foray into market-rate apartment development is about five weeks from opening, but leasing is underwhelming so far.
View ArticleMore apartments planned in Minnetonka
Curt Fretham, owner of Lakewest Development, is proposing a 98-unit, market-rate building about a half-mile west of I-494 on the site of a former Kraemer’s hardware store.
View ArticleNo easy task: Creating more affordable rentals
Developers can create more affordable housing units if they use a “value-add lite” to renovate existing properties that only need some basic upgrades.
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