Stone Arch Apartments Open for Occupancy Sept. 1.
Business Editors/Real Estate Writers MINNEAPOLIS--(BUSINESS WIRE)--Aug. 22, 2003
New, Affordable Rental Units Located Downtown
Minneapolis on the Riverfront
Stone Arch Apartments , located on the Mississippi riverfront in
downtown Minneapolis , opens to renters on Sept. 1. The apartment complex
is at 601 Main Street S. E., at the historic Stone Arch Bridge trailhead , and has 221 rental apartments in two buildings, including a
large number of affordable units .
The apartments were developed by Minneapolis Stone Arch Partners ,
LLC - a joint venture of The Wall Companies and Lupe Development
Partners, LLC - and are situated on a formerly polluted, industrial
site. The location was cleaned-up to create a stunning river and
downtown vantage point .
The development presented complicated land use problems requiring a
change in state law, street vacations, railroad abandonment, pollution
clea...