Posted on 05/29/2020 4:51:49 AM PDT by C19fan
St. Paul-based developer Wellington Management Inc. woke up on Thursday morning to find its under-construction, 190-unit apartment project in its Minnehaha Commons redevelopment near the intersection of Lake Street and Minnehaha Avenue in south Minneapolis had been torched and burned to the ground. The six-story, 190-unit affordable housing project had been slated to open in the spring of 2021. A city of Minneapolis worksheet on the project listed the total development cost at approximately $37 million, including contingency and reserve funds; land and construction costs were about $30 million. The apartment project has been known as Midtown Corner.
(Excerpt) Read more at tcbmag.com ...
It would have been trashed eventually, just cutting out the middleman.
It could be a good thing that they burned down Section 8 housing. Those things will wreck a neighborhood.
We had one of the first in my hometown. Within 5 years it was a wqreck. People actually ripped out the copper plumbing, the brass door knobs etc to sell them.
Lol
Exactly
big cities are dead. killed by generations of democrats and liberal control. bad news is residents will flee to the ‘burbs and rural areas. then vote in the same lib/demholes and recreate what they fled in the first place.
Makes living on the tit less likely for the 190 units folks
60 years of ‘The war on poverty’ only made things worse.
This story has a handful of tweets on Twitter.
It deserves more.
Someone should tweet it to Trump’s Twitter feed.
Didn’t almost the same thing happen in Baltimore riots..i mean protest?
Real smart. I remember during the L.A. riots in 92 the rioters burned down the post office where they picked up their welfare checks. It was funny watching them wait in line later that week in the hot sun for their checks and food stamps. Stoopid.
That neighborhood is full of section 8 housing and has been for years.
A lot of insurance policies have an exemption for civil disturbances.
Ignacio-bungalow me burn down building unga-bunga....
‘Affordable’ units that cost $195,000 each.
We’re house training a puppy. Even a puppy knows not to chit where it sleeps.
I’m extremely worried about the diversity of the rioters. Are all people being represented fairly?
Absolutely True... Johnson's "Great Society".. "I'll have those ****** voting democrat for the next hundred years."
FWIW, I don’t think these riots are about the killing of this man. That is just the catalyst. They are the result that I’ve been predicting for two months, of what would happen if the lockdown went much past April.
It will get worse. Catalysts happen every day.
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