Minnesota Says No Further Remediation Necessary at NordHaus Site
Under-construction apartment community to revive now-clean plot of land
MINNEAPOLIS, Jan. 5, 2017 /PRNewswire/ -- LMC, a leader in apartment development and operations, today announced the completion of remediation on the land where the NordHaus luxury apartment community is being developed in northeast Minneapolis. The former state Superfund site had been contaminated with organic chemicals. In November 2016, the Minnesota Pollution Control Agency (MPCA) notified LMC that with the completion of the remediation activities, no further actions are required at the site.
"For years, this extremely well-located land has been unusable to the neighborhood, and we're pleased to say that it is now primed to add value to the residents of this great city," said Jon Fletcher, senior development manager for LMC. "We have worked extremely hard with city, county and state officials to identify and remedy the problems, and we are ready to focus on making NordHaus the most vibrant, unique and luxurious apartment community in northeast Minneapolis."
The site, located at 315 1st Ave. Northeast and formerly known as Superior Plating, has a long and storied history. Initially developed in 1891 as a car barn that was used by the Minneapolis Rapid Transit Street Railyard Company, the site was used to repair street cars. In 1955, Superior Plating took control of the site for a variety of plating uses, eventually closing in 2012. Superior Plating's operations led to the contamination of the site, and LMC is the fourth developer to try to redevelop the property. Remediation complications and costs prevented the other three developers from completing the efforts.
The Minnesota Department of Employment and Economic Development, Metropolitan Council's Metropolitan Livable Communities Fund, Hennepin County, and the City of Minneapolis all provided partial funding for the remediation. LMC began construction on the 20-story, 280-apartment home development called NordHaus in July 2016. The first apartment homes are expected to be available in fall 2017.
"Our eyes are now firmly focused on the future," Fletcher said. "When NordHaus arrives next fall, it will make an immense contribution to the creative live, work and play environment that has emerged so strongly in the Northeast area. Furthermore, as a commitment to this site, the community, and the environment, not only have we cleaned up a formally contaminated site, but we have designed NordHaus to receive a LEED Certification from the U.S. Green Building Council."
Northeast Minneapolis is known for its creative, artistic residents and businesses. NordHaus will accommodate the unique and independent atmosphere of the area with a Scandinavian-inspired design mixing a European style with North Woods character.
The surrounding neighborhood features a charming mix of locally owned establishments within walking distance, including several craft beer pubs, the Yoga Sol studio, the Red Stag Supperclub and The Herbivorous Butcher vegan restaurant. Residents also will be able to walk to the abundant green space and paths along the Mississippi River.
When complete, NordHaus will contain 280 apartment homes, including 12 luxury penthouse homes, 22,000 square feet of retail and destination restaurant space, and 390 parking spaces. In addition to featuring best-in-market, Scandinavian-inspired finishes, the project will contain a wide array of first-class amenities, including a one-acre rooftop amenity area, multiple dog play areas, several bicycle lounges, package concierge services, work-from-home suites, pool, hot tub and hobby room.
NordHaus is designed by ESG Architects and constructed by Weis Builders.
Stay connected to the project by visiting www.LiveNordHaus.com.
About LMC
LMC, which Lennar launched in 2011, is a multifamily real estate development company focused on assembling a diverse portfolio of institutional quality multifamily rental communities across the US. It has approximately 12,800 apartment homes in 43 communities operating or under construction and, including these communities, a development pipeline that exceeds $7 billion and more than 22,700 high-rise, mid-rise and garden apartments.
LMC creates extraordinary communities where people can live remarkably.
Media Contact
Lindsey Bernhardt
LinnellTaylor Marketing
303-682-3941
[email protected]
SOURCE LMC
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