Marshall Avenue Flats advances in St. Paul

Finance & Commerce
Written By HBG

Source:
Finance & Commerce
https://finance-commerce.com/2024/01/marshall-avenue-flats-advances-in-st-paul/

Author:
Brian Johnson

Article Excerpt:
The development team of St. Paul-based Pak Properties and Halvorson Blasier Group LTD has started construction of Marshall Avenue Flats, a 98-unit affordable housing project first proposed about four years ago.

The $33.5 million project will bring a mix of one-, two- and three-bedroom units to a development site at 1606 Marshall Ave., according to a project fact sheet. Included are five three-bedroom units for households at or below 30% of area median income, 29 total units at 50% AMI, and 64 units at 60% AMI…

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HBG
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Marshall Avenue Flats to feature 98 units of affordable housing near Marshall and Snelling