Demolition planned for former Minneapolis Public Works building, paving way for intergenerational Snelling Yards development
Lupe Development Partners and Wall Companies announced a planned demolition of the former Minneapolis Public Works storage building at 3501 E. 44th St., making way for a new 90-unit affordable family apartment building. Pending final approval from the Minneapolis City Council, the demolition will prepare the site for a spring 2024 groundbreaking if the project partners secure remaining financing for the development. Click here to download a detailed fact sheet about the project.
Snelling Yards will include 90 units of family affordable housing with much-needed three- and four-bedroom units. The project includes 26 units at 30% area median income (AMI) and 39 units at 50% AMI. Additionally, 13 units will be reserved for veterans experiencing homelessness.
Snelling Yards is a joint venture with Ecumen, which owns the adjacent 100-unit affordable senior housing development, The Hillock. The senior property is 100% leased. By the end of the year, a community clinic serving children up through seniors will open on the campus, located within the Hillock building.
“The senior community is thriving here at the Hillock, and we are ready to deliver on our promise of creating an intergenerational community at Snelling Yards,” said John Wall, Wall Companies president. “We can’t wait to welcome families to experience this high-quality, integrated and affordable community.”
The development is located near the intersection of E. 45th St. and Snelling Ave. in Minneapolis. Snelling Yards is located steps from the Blue Line light rail, A Line bus rapid transit and other bus service, and in close proximity to bike and pedestrian paths. The site was designed to accommodate the future Min Hi Line, connecting the Midtown Greenway and Minnehaha Falls Regional Park.
Lupe Development and Wall Companies were granted development rights to the property in 2017. The project has received more than $2 million from the City of Minneapolis Affordable Housing Trust Fund and another $1.2 million from Hennepin County’s Affordable Housing Incentives Fund and Environmental Response Fund. The project is currently advancing through the Metropolitan Council’s Livable Communities Demonstration Account (LCDA) grant process.
About Lupe Development Partners
Lupe Development Partners is a Twin Cities-based, women-owned enterprise that plans, develops and manages residential and mixed-use real estate in the Twin Cities urban core. Since 1989, the company has developed, owned and/or renovated more than 1,200 apartment or condominium units and more than 1 million square feet of retail, residential and industrial property. Lupe Development Partners has recently completed several affordable housing projects, including Lake Street Dwelling and Mill City Quarter in Minneapolis and East Side Apartments in Saint Paul.
About Wall Companies
Wall Companies has a long history of development in the Twin Cities. For nearly 60 years, the company has developed hundreds of residential units, and more than two million square feet of retail, office, and industrial property. Wall Companies is committed to developing diverse neighborhoods and sustainable buildings that enhance the lifestyles of those who live in them, while preserving community and quality.