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Community: Development

Solhem Apartments

Type: Apartments | Status: Under Construction | Area: Uptown
3017 - 3027 Holmes Avenue S.
Developer: Curt Gunsbury & et. al.

STATUS UPDATES

March 11 , 2009 : The floor of the fourth floor appears to be going in. The building should be open by September, meaning that we should see a mostly completed building by summer.

January 3, 2009 : The building is above the ground. The underground parking structure is in place thanks to the quick placement of pre-fab concrete.

Project Details
Architect: Tushie Montgomery Architects
General Contractor: Greiner Construction
Previous Use: Single-story commercial with parking lot
Post-Development Use: Multi-Family Residential & Commercial
Proposed Height: 68' (6-stories)
Housing Units/Type: 60 / Apartments

Project Description
Originally proposed as a hotel project, the Solhem Apartment building will add 60 units to the Uptown housing market. Billed as a "green" apartment building, the project will feature dual stream organic trash removal, solar thermal hot water, LED lighting, rain barrel irrigation systems, green walls, sustainable construction materials, and extra insulation. The previous building on the site was recycled and used as a training site for the fire department before demolition.

The six-story building should open in late summer or early fall 2009.

First proposed in summer 2006 as a boutique hotel project, the project ran into troubles in getting off the ground when the hotel market slowed and the overall economy began to slow. Changing the plans to an apartment building breathed new life into the site. The $13 million project was helped when it received $10.7 million in financing from the AFL-CIO Housing Investment Trust (HIT), with its Chief Investment Officer, Stephanie Wiggins, saying that the "Solhem Apartments will be a wonderful addition to Minneapolis' housing pool."

Solhem is Swedish for "Home of the Sun."


 
   
     
                                     

DOWNLOADS

None

Articles

- "Greiner begins apartment project in Uptown." Finance & Commerce 28 Oct. 2008.
- Stickler, Emily & Brian Voerding. "Biz Buzz." Southwest Journal 6 Oct. 2008.

Updated March 11, 2009


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