{"id":1004082298,"date":"2013-08-19T07:51:05","date_gmt":"2013-08-19T15:51:05","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=163293"},"modified":"2020-05-18T11:29:20","modified_gmt":"2020-05-18T19:29:20","slug":"village-green-unveils-renderings-for-254-unit-mixed-use-project-in-saint-paul","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/village-green-unveils-renderings-for-254-unit-mixed-use-project-in-saint-paul\/","title":{"rendered":"Village Green Unveils Renderings for 254-Unit Mixed-Use Project in Saint Paul"},"content":{"rendered":"<p><em>By Gabriel Circiog, Associate Editor<\/em><\/p>\n<p>Village Green Co. recently unveiled new renderings for its new market-rate housing development, The Penfield. <a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/08\/The-Penfield-Exterior.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-163304\" title=\"The Penfield  - Exterior\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/08\/The-Penfield-Exterior.jpg\" alt=\"\" width=\"300\" height=\"165\" \/><\/a><\/p>\n<p>Located on Robert Street between 10th and 11th Streets in downtown Saint Paul, the 254-unit development is one of the first market-rate mixed-use projects constructed in downtown Saint Paul in 20 years. The $62 million project broke ground on June 25, 2012, and is scheduled to be completed by December 2013, with the first residents expected to move in at the end of November. Owned by the Saint Paul Housing and Redevelopment Authority, The Penfield will feature 254 apartment units and a 27,500-square-foot Lunds grocery store. The general contractor on the construction project, which will result in $20.5 million of direct labor or 200 union construction jobs, is Weis Builders. The project financing was provided by AFL-CIO Housing Investment Trust Fund, Dougherty Mortgage, the U.S. Department of Housing and Urban Development, the Saint Paul Housing &amp; Redevelopment Authority, the Metropolitan Council, the Minnesota Department of Employment &amp; Economic Development and Ramsey County.<img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-163307\" title=\"The Penfield Terrace View Rendering\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/08\/The-Penfield-Terrace-View-Rendering.jpg\" alt=\"\" width=\"300\" height=\"254\" \/><\/p>\n<p>\u201cThe Penfield is a perfect example of Saint Paul\u2019s commitment to preserving historic character while creating vibrant places to be,\u201d Saint Paul Mayor Chris Coleman said. \u201cIn just a few short months, new residents will be moving into The Penfield, and current downtown residents will have a full-service grocery store just a couple blocks away. I\u2019m looking forward to the grand opening.\u201d<\/p>\n<p>Village Green has been quite busy recently in the Twin Cities market: A month ago, <em><a href=\"https:\/\/www.multihousingnews.com\/cities\/minneapolis\/village-green-unveils-new-renderings-for-254-unit-luxury-rental-community\/1004086842.html\" rel=\"nofollow\" >Multi-Housing News<\/a><\/em> revealed its new rendering for its 254-unit luxury rental community in Minneapolis\u2019 Central Business District, The Soo Line Building City Apartments. The Penfield incorporates a part of its past by preserving a portion of the fa\u00e7ade from the former Public Safety Building and integrating a historical interpretive display with the history of the building. Public art such as a corten light wall, corten steel lighted benches, cut granite benches and a Spirit of the Mississippi statue will also be incorporated.<\/p>\n<p>Community amenities will include an 18,000-square-foot courtyard and green roof with an outdoor pool, hot tub, fire pit, cabanas, dog run and green space. The residents will also have access to the sundeck, clubroom with gourmet kitchen, enclosed parking and fitness center.<\/p>\n<p>Stefanie Balsis, regional marketing director for Village Green, The Penfield\u2019s property management company, said: \u201cThe Penfield is the premier luxury apartment community in Saint Paul, and will greatly contribute to the revitalization of the downtown area. The building is a unique combination of a historic fa\u00e7ade and the modern luxuries and amenities today\u2019s renter wants in a home.\u201d<\/p>\n<p>For more market data about Minneapolis, <a href=\"https:\/\/www.multihousingnews.com\/news\/market-snapshot-construction-soars-in-minneapolis-as-employment-and-occupancy-keep-pressure-on-rents\/1004076763.html\" rel=\"nofollow\" ><strong>click here<\/strong><\/a>.<\/p>\n<p><em>Renderings Courtesy of: www.thepenfieldapts.com<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Village Green Co. recently unveiled new renderings for its new market-rate housing development, The Penfield. Located on Robert Street between 10th and 11th Street in downtown Saint Paul, the 254-unit development is one of the first market rate mixed-use projects constructed in downtown Saint Paul in 20 years.<\/p>\n","protected":false},"author":264,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[36076,21742],"tags":[1597,1815],"class_list":["post-1004082298","post","type-post","status-publish","format-standard","hentry","category-minneapolis-st-paul","category-latest","tag-minneapolis","tag-national"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Village Green Unveils Renderings for 254-Unit Mixed-Use Project in Saint Paul - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/village-green-unveils-renderings-for-254-unit-mixed-use-project-in-saint-paul\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Village Green Unveils Renderings for 254-Unit Mixed-Use Project in Saint Paul\" \/>\n<meta property=\"og:description\" content=\"Village Green Co. recently unveiled new renderings for its new market-rate housing development, The Penfield. Located on Robert Street between 10th and 11th Street in downtown Saint Paul, the 254-unit development is one of the first market rate mixed-use projects constructed in downtown Saint Paul in 20 years.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/village-green-unveils-renderings-for-254-unit-mixed-use-project-in-saint-paul\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2013-08-19T15:51:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-18T19:29:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/08\/The-Penfield-Exterior.jpg\" \/>\n<meta name=\"author\" content=\"Gabriel Circiog\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/village-green-unveils-renderings-for-254-unit-mixed-use-project-in-saint-paul\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/village-green-unveils-renderings-for-254-unit-mixed-use-project-in-saint-paul\\\/\"},\"author\":{\"name\":\"Gabriel Circiog\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/dc807179924e7fea3aeab259237f45a5\"},\"headline\":\"Village Green Unveils Renderings for 254-Unit Mixed-Use Project in Saint Paul\",\"datePublished\":\"2013-08-19T15:51:05+00:00\",\"dateModified\":\"2020-05-18T19:29:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/village-green-unveils-renderings-for-254-unit-mixed-use-project-in-saint-paul\\\/\"},\"wordCount\":455,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/village-green-unveils-renderings-for-254-unit-mixed-use-project-in-saint-paul\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2013\\\/08\\\/The-Penfield-Exterior.jpg\",\"keywords\":[\"Minneapolis-St.Paul\",\"National\"],\"articleSection\":[\"Minneapolis-St Paul\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/village-green-unveils-renderings-for-254-unit-mixed-use-project-in-saint-paul\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/village-green-unveils-renderings-for-254-unit-mixed-use-project-in-saint-paul\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/village-green-unveils-renderings-for-254-unit-mixed-use-project-in-saint-paul\\\/\",\"name\":\"Village Green Unveils Renderings for 254-Unit Mixed-Use Project in Saint Paul - 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