A major redevelopment project has taken a big step forward toward bringing a range of housing opportunities to Minneapolis.
Sherman Associates has broken ground on two developments—Ladder 260, a 90-unit affordable housing development, and O2, a 240-unit market-rate apartment tower. The firm also celebrated the completion of the new Minneapolis Fire Station 1, the first phase of the project.
The redevelopment is on an approximately 1.75-acre site on Portland Avenue, which was formerly a vacant surface parking lot and the former fire station that was built in 1909. The new station, Ladder 260, and O2 are three separate projects that are being simultaneously developed.Read More