North Side housing development revs back up
- Blog Post by: Jim Buchta
- April 19, 2013 - 4:25 PM
In a sign of changing fortunes for the housing market, the Heritage Park housing development in north Minneapolis is back on track after a four-year hiatus.The 145-acre project is an ambitious 900-unit redevelopment of several public housing projects on the north edge of downtown Minneapolis into for-sale and rental housing. The $225 million project began in 2000 and was financed with massive amounts of local and federal grants.
Thor Construction, the developer of the for-sale component of the project, announced Friday that after a "standstill due to an economic downturn in the housing market," that townhouse sales would once again begin.
There will be a kick-off celebration at 10 a.m. on Friday, May 10 at the corner of 10th Avenue and Aldrich Avenue North. Here's a link to a Minneapolis website with project details and history.
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