5 Noteworthy Multifamily Developments
Apr 17, 2019
Awards & Accolades
Dominium, a developer of affordable housing based in the Twin Cities, has turned the 90-year-old Lake Street Sash & Door Company property into Millworks Lofts, 78 one-, two-, and three-bedroom lofts, some with 12-foot ceilings. Rents range from $1,003 to $1,387; residents’ income is restricted to 60% of AMI. The property, in South Minneapolis, was placed on the National Register in 2016, enabling Dominium to capitalize on historic tax credits. Ninety-six wells were drilled 225 feet deep to create a geothermal heating/cooling system. BKV Group was the architect; Weis Builders was the GC.