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Aeon’s $17 million conversion of the Renaissance Box into affordable housing is nearly done

In St. Paul, the $17 million redevelopment of the Renaissance Box building is part of an "underground renaissance" in the Wacouta Commons neighborhood, according to Matt Hodson, a spokesperson for Aeon, the local nonprofit developer behind the project.

Aeon is converting a former shoe factory at 10th and Sibley streets into 70 affordable apartments.

The seven-level Renaissance Box, an historically designated building that dates back to 1914, will have a mix of housing that's targeted at people with all different incomes, including efficiencies and one- and two-bedroom apartments; 14 efficiencies will be dedicated to those who've struggled with chronic homelessness, according to Hodson.

Among its amenities, Renaissance Box, which will have a warehouse loft-style feel, will offer tenants private storage, an exercise room, a community space with a kitchen, a green roof, a shared patio, and an art space—in collaboration with local arts incubator, Springboard for the Arts.

Sustainability will be a theme running throughout the building. Plans are in the works to achieve LEED certification, a national standard for green building, Hodson says.

Aeon has a goal to create new industry models "to take ideals of sustainability and bring them to affordable housing in a practical manner," he says.

To do so, Aeon is working on with the University of Minnesota's Center for Sustainable Building Research and Center for Energy and Environment (CEE). The Line covered another Aeon development that's part of this pilot program here.

Renaissance Box, which Aeon purchased out of foreclosure in 2006, will help round out the diversity of housing in the Wacouta Commons area.

A decade ago, vacant buildings and surface parking lots characterized the neighborhood. Today, "It has really become a thriving neighborhood with a variety of housing options with everything from high-end condos to affordable housing," he says. "That's what we're bringing and it helps create a vibrant residential community.   

Construction, which has been ongoing since August 2010, is expected to finish up by July 1, according to Hodson.
   
Source: Matt Hodson, Aeon, spokesperson 
Writer: Anna Pratt

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