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So far, there’s only one condo building under construction, and it’s being developed by Jim Stanton of Shamrock Development. Since construction began earlier this year, more than 60 units of the 164 units at StoneBridge have been presold.
Mullen likens the possibilities for Downtown East to what’s happened in the nearby North Loop neighborhood, where Target Field was built in 2010, helping jump-start housing development.
“It’s about the lifestyle [and] being able to walk to those kinds of amenities,” he said.
Jim Buchta • 612-673-7376 Jennifer Bjorhus contributed to this report