More student housing is heading to Dinkytown. A developer has made a proposal to the Minneapolis planning commission's committee of the whole seeking to demolish the Riverton building at 1227 4th St. SE in Minneapolis and replace it with a six-story apartment building with 66 apartments and ground-floor commercial space. The plan requires rezoning of the property and a setback, signage and parking variances.
The site is near the popular Varsity Theater and is next to the Chateau, a student housing high-rise. The project is being pursued by the company that owns the Chateau. The proposal comes in the midst of a student housing boom, with several upscale buildings being proposed and under construction. What's next? The proposal will be reviewed on Thursday. Click here for a peek at how it'll look.