Friday, May 29, 2020

Finance & Commerce

Excelsior-based Oppidan is pitching a 141-unit apartment project on a vacant site along Nawadaha Boulevard near Minnehaha Park in Minneapolis.

The developer is marketing the proposed building as the second phase of its LOWA 46 project. LOWA 46 is “a five-story mixed use building with a grocery store and surface parking lot,” according to a city of Minneapolis staff report.

In a project narrative, Oppidan and design firm BKV Group said the new building, at 4120 Nawadaha Blvd., would rise on a wedge-shaped site directly south of the LOWA 46 Apartments and Cub Foods.

Accessible by Nawadaha Boulevard, the project site is just south of 46th Street and east of Hiawatha Avenue. A proposed bike trail would run “directly south of the property,” according to the staff report.

The new building would be “exclusively housing” with resident amenities, “minimal surface parking” and a below-grade parking garage, according to the project narrative. A land-use application could be submitted in late summer or early fall, the narrative stated.

The project is up for review by the Minneapolis Planning Commission’s Committee of the Whole on June 4. The developer wants a conditional use permit to build a five-story building; the maximum height allowed in the district is four stories, the staff report said.

In addition, the project is up for site plan review, a variance to increase the maximum front yard setback along Nawadaha Boulevard, and a variance to reduce the “minimum interior side yard along the east project line adjacent to the alley from 13 feet to 10 feet,” the staff report said.

View Original Article

Media Inquires Contact: mary@prevostpartners.com