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Market-rate apartments replace previous condo project at 46th and 46th in South Minneapolis

A plan for a 48-unit market-rate apartment building will replace the condo project that was supposed to go in at 46th and 46th in South Minneapolis.

The condos had been put on pause in 2007 due to tough market conditions, according to Don Gerberding, a principal of Master Properties, which is part of the development team.

Following discussions with the Longfellow neighborhood group about how to proceed, "the message I got was to wait and do something of quality rather than something that's not but that happens quickly," he says, adding, "We've been able to achieve that."

Master Properties has teamed up with the Lander Group of Minneapolis and the St. Paul-based At Home Apartments, which were successful with the nearby West River Commons mixed-use project.

At Home will take on the 46th and 46th development as a "portfolio project," meaning that it will own and manage the site, which will help ensure quality, he says.  

The four-story apartment building will use the same footprint as the previous condo project, for which the footings and foundation are already in place on the half-acre lot. "It'll be a box of the same volume," says Gerberding, while the fourth floor will be recessed. "It reduces the perceived size of the building from the street." 

On the side that faces 46th Avenue, the building will have the look of row houses, with individual entrances and yards. Raised patios will characterize the side that fronts 46th Street. "There will be two different feels to this building, depending on which side you're facing." 

At this prominent corner, which is on a major transit corridor, the developers are trying to be as progressive as possible, with sustainable, transit-oriented features such as free transit passes and a rentable Hourcar for tenants. "It could impact the decision [for a tenant] on whether to have a car," he says.  

"We're using all of the sustainable products that we can to be energy- and environmentally-efficient," he says.

The group hopes to begin construction in the fall. 

Source: Don Gerberding, principal, Master Properties 
Writer: Anna Pratt

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