1619 Dayton Avenue, Saint Paul, MN
Project Type: New Construction
DETAILS:
Project Stage: Construction
Size: 98
Year Constructed: 2024
Developer: Pak Properties (Saint Paul)
Project Cost: $33.4 million
Funding Sources: 4% LIHTC, City deferred funding, Met Council, first mortgage
Landon Group role: Structure and secure financing, coordinate underwriting and financial closing, coordinate draws
Utilizing a variety of public funding mechanisms, Marshall Avenue Flats will bring 98 units of affordable housing to Saint Paul and Ramsey County.
