Highland Bridge – Restoring Waters

801 Mount Curve Road, Saint Paul, MN

Project Type: New Construction

DETAILS:

Project Stage: Closeout

Size: 60 units affordable rental housing

Completion Date: 2024

Developer: Project for Pride in Living (Minneapolis)

Project Cost: $23 million

Funding Sources: 4% HTC / State, City, County deferred / TIF / Met Council / First Mortgage

Landon Group role: Coordinate closing and underwriting, construction management and draws, closeout

Developed in conjunction with Nellie Francis Court, Restoring Waters/Emma Norton Residence is a part of the Highland Bridge project in Saint Paul, located on the site of the former Ford Motors assembly plant. The 60-unit building contains a mix of studios and one-bedroom units, affordable to households with incomes below 30% Area Median Income. In addition, over 50% of the units are set aside as permanent supportive housing units for both High Priority Homeless and People With Disabilities. Services are being provided by Emma Norton Services.

Restoring Waters helps the City of Saint Paul meet several goals, both as pertain to the Highland Bridge vision and overall city goals regarding ending homelessness and providing more deeply affordable options.