Lander Group
Lander Group Urban Development

 

 

 

May 24, 2005

The Lander Group and the Kingfield Neighborhood Association announce plans to redevelop the southwest corner of 38th and Nicollet

Minneapolis—Forty-one new eco-friendly condominium homes and 7,500 square feet of new retail space will be added to Minneapolis’ popular Kingfield Neighborhood, and a historic site will be revitalized, when the Lander Group builds “38”, a new multi-use development proposed for the southwest corner of 38th Street and Nicollet Avenue in South Minneapolis, according to the Lander Group and the Kingfield Neighborhood Association.

Bucking the trend of increasingly more expensive housing options in Minneapolis, this project is dedicated to offering well-designed, eco-friendly condominium homes in a desirable urban neighborhood at lower, more accessible price points than previous projects by the Lander Group. Prices for the condominium homes will start in the low $100,000s.

" This is an up and coming neighborhood and it is committed to providing housing that is within reach of those who are still developing their careers,” said Michael Lander, president of the Lander Group. “38 will offer interesting, well designed living spaces. There will even be a couple of live/work spaces, which are a popular concept with entrepreneurs, and we’re hoping to implement a car sharing program which is a very appealing amenity for urbanites don’t want to lead a car-centric lifestyle, but want the option every once in awhile,” he said.

In developing the site, the Lander Group plans to retain and renovate a historically significant 9,000 square foot section of the existing brick building. The adjacent 1970’s building will be demolished and new construction will be integrated with old to complete the building. The first floor will house retail/commercial space, including two live/work spaces. Forty-one condominium homes, ranging in size from 620 square feet to 1,540 square feet, will occupy the remaining four stories. Underground parking for residents and enclosed off-street parking for retail customers is also part of the plan. Lander hopes to break ground on the project this fall.

Not only is this a project that the Kingfield Neighborhood Association enthusiastically supports, it is a project that they invited the Lander Group to develop. “This is a key location and important to our neighborhood. It also happens to be the intersection of two major transit corridors. The business that had been operating there for more than 30 years vacated the property in August 2004. Since then, the building has been empty. We are consciously being proactive in the planning and redevelopment within the neighborhood; we saw this as an opportunity to look at neighborhood needs and transform the space to serve those needs while adding vitality to the neighborhood,” said Kingfield Neighborhood Redevelopment Committee Chairperson, David Motzenbecker.

“This has been an exciting project to plan,” said Lander. “So often, we find ourselves trying to explain why we feel our proposal will be good for the neighborhood. In this instance, the neighborhood already knew that the right kind of development would be good for the neighborhood, so we just needed to work together on the details,” he said.

For more information about Lander Group and “38” go to landergroup.com or contact Charlie Adair @ 612.825.1482.

The Lander Group is a Minneapolis-based, award-winning development firm specializing in urban in-fill development. Recent Minneapolis projects include the 2005 Trillium Award-winning Midtown Lofts in the Lowry Hill East Neighborhood, 301 Kenwood Parkway in Kenwood, and West River Commons in the Longfellow Neighborhood. Current Saint Paul projects include Printer’s Row—The Business Journal’s 2005 Best New Condos under 100 units—West Side Flats, and Market Lofts. The company completed the award-winning 9th Street Lofts in the fall of 2004.
The Kingfield Neighborhood is located in South Minneapolis. It is bordered by 35W on the east and Lyndale Avenue on the west, with 36th Street as the northern boundary and 46th Street as the southern boundary. For more information on the Kingfield neighborhood visit www.kingfield.org
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