As one part of a larger project to redevelop the old Bennett Lumber site in Minneapolis, the
Zeller Realty Group, a Chicago commercial property investment and management company, is pursuing a 223-unit multifamily apartment complex for 5.6 acres between Colfax and Dupont avenues south.
The contemporary-looking building would range from four to six stories between the north and south sides, according to city information.
It's the first of several separate but related projects for an area between Colfax and Fremont avenues south, near the Midtown Greenway, a recreational trail and historic district. A total of 710 units could eventually be developed.
Hilary Dvorak, a city planner assigned to the project, says, "The long-term vision is to redevelop all three parcels with high-density multifamily housing," which would be done in phases, though there's no definitive time line at the moment, she says.
The project is in a 30-day public comment period that runs through April 6, as part of an environmental assessment worksheet, which is required due to the project's large scope. Afterward, the proposal will go to the planning commission and then the City Council. If approved, it'll undergo a land-use approval process. Construction of the first project could begin later this year.
"The intensity of development proposed is only possible should the properties be rezoned and bonuses added for increased density," according to a prepared statement from the city.
As to whether the plan fits in with the city's goals, Dvorak says, "We have our comprehensive and small-area plans that speak to the vision for these blocks. The vision that's referenced [in the environmental assessment worksheet] talks about high-density housing."
Source: Hilary Dvorak, city of Minneapolis
Writer: Anna Pratt