News: County awards $1.7 million for development along transit lines

Hennepin County, Minnesota sent this bulletin at 11/22/2017 08:00 AM CST

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Media contact: Carolyn Marinan, Communications, 612-348-5969

Media contact: Kyle Mianulli, Community Works, 612-596-9875

$1.7 million awarded for development along transit lines

Voting Tuesday as the Housing and Redevelopment Authority, the Hennepin County Board awarded $1.7 million to support four transit-oriented development projects.

This new investment will help develop 389 housing units, more than 53,000 square feet of commercial space and more than 50 job opportunities, while improving connections to light rail and high frequency bus networks.

Funding will support the following projects, which will leverage $102 million of private and public funding:

325 Blake, Hopkins, $500,000: Situated near the future Blake Road Station on the planned METRO Green Line Extension, the project will support demolition of an existing commercial building to prepare the site for redevelopment and reconstruction of pedestrian connections.
Green on 4th Apartments, Minneapolis, $600,000: Located near the Prospect Park Station on the METRO Green Line, the project will support development of mixed-income apartments and townhomes.
Robbinsdale station area acquisition, $400,000: The project will acquire property for future redevelopment located near the future Robbinsdale Station on the planned METRO Blue Line Extension.
The Capp, Minneapolis, $200,000: The project will construct a mixed-use development with housing and retail space near the 46th Street Station on the METRO Blue Line.

Since 2003, the county has awarded approximately $32 million to more than 110 projects through its transit oriented development program.