Plymouth Avenue Apartments

2309 Plymouth Avenue North, Minneapolis, MN

Project Type: New Construction

DETAILS:

Project Stage: Construction

Size: 63

Year Constructed: 2024

Developer: James Archer/Matrix Development LLC (Minneapolis, MN)

Project Cost: $20.3 million

Funding Sources: 4% LIHTC, City/County deferred, Met Council, first mortgage

Landon Group role: Secure financing, coordinate closing, coordinate draws, project closeout

Plymouth Avenue Apartments will bring highly affordable housing, including units with supportive services for High Priority Homeless households, to Minneapolis’ Northside.