{"id":1004118796,"date":"2015-05-05T19:48:21","date_gmt":"2015-05-06T03:48:21","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=344736"},"modified":"2021-05-14T17:45:31","modified_gmt":"2021-05-15T01:45:31","slug":"266-new-apartments-planned-for-downtown-st-paul","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/266-new-apartments-planned-for-downtown-st-paul\/","title":{"rendered":"266 New Apartments Planned for Downtown St. Paul"},"content":{"rendered":"<p><em>By Ioana Neamt, Associate Editor<\/em><\/p>\n<div id=\"attachment_344739\" class=\"wp-caption alignleft\" style=\"width: 160px\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/05\/screen-shot-2015-04-30-at-43714-pm-600xx1608-1072-129-0.png\"><img decoding=\"async\" loading=\"lazy\" class=\"size-thumbnail wp-image-344739\" title=\"screen-shot-2015-04-30-at-43714-pm-600xx1608-1072-129-0\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/05\/screen-shot-2015-04-30-at-43714-pm-600xx1608-1072-129-0.png\" alt=\"\" width=\"150\" height=\"150\" \/><\/a><\/p>\n<p class=\"wp-caption-text\"><em>Rendering of the proposed project<\/em><\/p>\n<\/div>\n<p>Sherman Associates of Minneapolis is moving forward with a $50 million multifamily development adjacent to its West Side Flats near downtown St. Paul, <a href=\"https:\/\/www.startribune.com\/blogs\/301931161.html\" target=\"_blank\" rel=\"nofollow noopener\">the Star Tribune reports<\/a>. The development, designed by Bloomington-based Kaas Wilson Architects, will include 184 market-rate apartment units and 82 affordable units and is expected to break ground in the spring of 2016.<\/p>\n<p>The two-building project is in the process of obtaining approval from the city of St. Paul and the neighborhood association, according to the <a href=\"https:\/\/www.bizjournals.com\/twincities\/blog\/real_estate\/2015\/05\/sherman-plans-50m-apartments-overlooking.html\" target=\"_blank\" rel=\"nofollow noopener\">Minneapolis\/St. Paul Business Journal<\/a>. \u00a0The property is adjacent to George Sherman\u2019s 178-unit West Side Flats apartment community at 84 S. Wabasha St., which was completed in 2014 and is currently 94 percent occupied.<\/p>\n<p>The new development will include 8,500 square feet of retail space and a 5,000-square-foot patio attached to one of the buildings, the <a href=\"https:\/\/www.bizjournals.com\/twincities\/blog\/real_estate\/2015\/05\/sherman-plans-50m-apartments-overlooking.html\" target=\"_blank\" rel=\"nofollow noopener\">Minneapolis\/St. Paul Business Journal reports<\/a>. The 266 apartments are expected to open in late summer 2017.<\/p>\n<p>Sherman Associates is currently developing several projects in Minneapolis as well, including The Encore luxury rental community and Thresher Square near the new Vikings Stadium.<\/p>\n<p><em>Rendering courtesy of Sherman Associates via the Minneapolis\/St. Paul Business Journal\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sherman Associates of Minneapolis is moving forward with a $50 million multifamily development adjacent to its West Side Flats near downtown St. Paul, the Star Tribune reports.<\/p>\n","protected":false},"author":192,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[36076,21742],"tags":[],"class_list":["post-1004118796","post","type-post","status-publish","format-standard","hentry","category-minneapolis-st-paul","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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