Ground broken for new PPL development
Mixed-use project will bring retail and housing to the Green Line
SAINT PAUL, MINNESOTA – August 25, 2014 – Today, Saint Paul Mayor Chris Coleman, Project for Pride in Living (PPL) Executive Director Paul Williams, Saint Paul City Councilmember Russ Stark, and local civic leaders broke ground on Hamline Station, a mixed-use development located on a 1.6 acre parcel at Hamline and University along the Green Line in Saint Paul. The new development will have 108 units of affordable rental housing including 14 units of permanent supportive housing for formerly homeless or disabled persons and will assist eight households that have experienced long-term homelessness. It will also feature 13,700 square feet of ground-level retail space.
“Affordable housing is the key to creating and sustaining healthy and successful communities,” said Saint Paul Mayor Chris Coleman. “Without affordable options our residents will have to make tough choices between food, rent and transportation. We’re really thrilled to see more great housing options take shape along the Green Line.”
“Hamline Station is a powerful opportunity to provide low-income families and individuals high quality housing with a significant transit solution,” said PPL Executive Director Paul Williams. “The collective impact of this will be immense in helping people achieve greater housing and economic stability. PPL is excited to bring this project to life on the Green Line.”
The development will include two four-story buildings with 57 units in one building and 51 in the other. It will also include an underground parking lot for residents and back surface parking lot for retail as well as a shared public plaza.
“Hamline Station will not only be a great new affordable apartment building with easy access to the Green Line and the jobs, services, and amenities along the line,” said Councilmember Russ Stark. “It will also be a fabulous new addition to the Hamline-Midway neighborhood, turning an old vacant car lot into an attractive amenity with shops and an outdoor plaza.”
The project is estimated to cost $28 million with financing provided by U.S. Bank, City of Saint Paul, Minnesota Housing, Metropolitan Council, Family Housing Fund, U.S. Department of Housing and Urban Development, Bremer Bank, Local Initiatives Support Corporation, Twin Cities Community Land Bank, and Greater Metropolitan Housing Corporation. Hamline Station is expected to be completed by summer 2015.