A major new housing development for Twin Cities metro homeless is scheduled to be dedicated next Thursday.

The seven-story Higher Ground building in downtown Minneapolis will offer 336 housing units for people "experiencing varying degrees of homelessness," according to a released statement from Catholic Charities of St. Paul and Minneapolis, which will operate the building.

A grand opening and dedication ceremony for the new building — located at 165 Glenwood Ave. — will be held June 7 at 4:30 p.m.

Catholic Charities worked with the Minnesota Housing Finance Agency, Hennepin County, the City of Minneapolis, the Community Housing Development Corp. and other businesses and foundations to design, fund and build the facility.