JUST LISTED JIM BUCHTA
Senior housing coming to Mill District
After years of planning, construction is underway on a mixed-use project in the Minneapolis Mill District that will be the first in downtown to combine income-restricted rental apartments with senior housing.
Eagle Iron Partners, the master developer, will build a six-story building with 150 units and about 15,000 square feet of retail space. The building will be next to a five-story, market-rate senior apartment building called Abiitan Mill City, which will be developed by Ecumen, a senior housing nonprofit, and have 151 rental units specifically for seniors, including independent living and memory care units. The project will also have a fitness center and restaurant that will be open to the public.
The two-block site is at the corner of 2nd Street and 3rd Avenue S. near the Mississippi River and just down the street from the Guthrie Theater. It's one of the last open parcels of land in the Mill District and is now a surface parking lot.
Matt McNeill, director of business development for Ecumen, said that site work is underway, including securing the site and preparing for excavation. Crews are now focusing on environmental cleanup, which will take at least a month. Then crews will start work on footings and foundation. Both projects are scheduled to open in fall 2016. For information go to millcityquarter.com or abiitan.org.
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POINT OF SALE JOHN EWOLDT
June is the month for sales, bargains
When national publications such as Consumer Reports run sale calendars, they mention that appliances, gym memberships, and Father's Day gifts post Father's Day can be bargains in June. Sites such as DealNews.com smartly tell us what not to buy in June. TVs, grills and Apple products can be found at lower prices at other times of the year, according to Louis Ramirez at DealNews.