Workforce housing planned for Minneapolis half block once offered for $5M on Craigslist
Mar 17, 2017
Corporate News
In 2013, a Twin Cities landowner posted a Craigslist ad for a half block that fetched considerable attention, in part because of its $5 million asking price.
Today, that land is finally being sold and there is a development plan in place for the half block, which fronts the west side of Nicollet between W. 15th Street and Interstate 94 on the south edge of downtown Minneapolis.
Plymouth-based Dominium Inc. wants to build a six-story apartment complex, with 184 income-restricted rentals and 5,500 square feet of commercial space. The apartment developer and manager, one of the largest in the state, presented those plans to the Minneapolis Planning Commission Committee of the Whole on March 9.