Posted on 07/23/2015 11:07:10 AM PDT by MNDude
A massive $100 million redevelopment proposal is expected to transform Fort Snelling’s historic military buildings into 190 apartments for low-income families in the area near the Minneapolis-St. Paul International Airport.
Lt. Gov. Tina Smith and Minnesota Department of Natural Resources officials announced the landmark proposal Wednesday, saying it will overhaul and preserve the Fort Snelling Upper Post.
Officials said it is exciting to see a place that holds great importance in Minnesota’s history be reborn as a place for Minnesota’s future.
“It’s going to preserve 26 of the most historic buildings in Minnesota,” said Larry G. Peterson, park manager and Upper Post project manager.
The proposal submitted by Dominium, an affordable housing development and management company in Plymouth, would give new life to the buildings that once functioned as a military hub in the 1800s and early 1900s. Dominium is in the process of negotiating a lease with the DNR that will then be approved by the Minnesota State Executive Council.
The proposal, which has received preliminary approval, would renovate the historic buildings now sitting in disrepair. In 2009, a building on the property collapsed.
Ryan Baumtrog, assistant commissioner for the Minnesota Housing Finance Agency, said the property would offer housing to families with a total household income of $60,000 or below. While rent rates are not set, tenants could expect to pay $900 for a one-bedroom and up to $1,250 for a three-bedroom apartment.
(Excerpt) Read more at startribune.com ...
Somalia Village
This is ridiculous, It’s going to cost $526,000 per each unit.
Have you seen what kind of house you can get for $526,000?
Also, historic Fort Snelling is such a nice area. It sucks to think it could be trashed and dangerous to visit in a few years.
Minnesota's future = a ghetto.
But, of course; America's future = a ghetto.
Obama's Legacy.
Pruitt-Igoe.
When they build these housing projects no expense is spared on making them “green.” Add in the fact that they are shoe horning this into historic buildings and I have no doubt that the government can cause a two bedroom apartment to cost half a million dollars.
All part of the plan to destroy all neighborhoods in the name of diversitah.
http://www.washingtontimes.com/news/2015/jun/11/obama-set-force-affordable-housing-affluent-commun/
Section 8 housing that will most likely be torn down in five or six years after the druggies and gangs get done with it.
$100M!? OMG! Absolute waste of tax money
New Mogadishu is born.. on the grounds of a historic site.
In-frigging-credible.
Hang on, half a mil per unit? Treasonous fools!
I caught that right off. Insane!
A good analogy for what has happened to America...
I don’t think I have ever seen *any* low income housing that has been kept up.
It’s kind of like turning Lake Tahoe into an open Sewer.
At $100 million for 190 apartments it will be over a half a million dollars each.
This is the kind of math I think Donald Trump is good at too.
actually this at least is an area where there are no residents. It’s an isolated area with just historic buildings.
But next the residents would be complaining about how far they are from anything else.
Affordable housing with a hundred million dollar price tag. Viable you think? Think this. Why in their great wisdom would “Dominium” out of Plymouth be hawking a project like this to the state government?
Commercial enterprises, investment, entrepreneurialism only needs OWNERSHIP, permits, zoning and licenses, don’t they?”
Further, to take a government owned facility with buildings from a time of the 1800s and early 1900s and turn it into “low income affordable whatsits” I guess given today’s prevailing PC winds that no taint of former Confederate associate or contamination exists.
Sounds great. Be careful what you wish for. Boston’s Big Dig was projected at $2.4B. It ended up 7 times that. And that number is still growing because of ‘problems’ with it.
I know exactly the one you are talking about.
Quite the scene in the bathroom.
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