On Thursday, August 15, the new Rafter apartment building had its grand opening event. With fine hors-d’œuvres and libations, the parties gathered to celebrate the completion of another real estate development. It is said that the Rafter project is “named in honor of a group, or “rafter,” of wild turkeys known to call Northeast Minneapolis […]
The new Rafter development will likely be one of the last large apartment buildings finished in Minneapolis before inclusionary zoning requires new construction to include affordable apartments. Pricing is out for units ranging from a 442 square-foot studio for $1,270 ($2.87 per square-foot) to a 2733square-foot 3-bed for $9,970 ($3.65 per square-foot). In other words, if they don’t […]
Like many of you, I regularly lurk on the streets.mn forums to stay current on development news around Minneapolis and Saint Paul. This past Monday (April 17th), one of the big development stories of the day was the unveiling of updated designs for a new apartment tower being considered at 333 Hennepin Ave E. […]