It sounds like there could soon be yet another new housing option for those who want to live in downtown Grand Forks. MetroPlains of St. Paul is proposing the Dakota Block apartments. The complex would sit on North Third Street at a location that is currently a parking lot directly north of the Uptown/Downtown building (formerly The Edge). The proposal is for a 40-unit apartment building worth $4.9 million. MetroPlains does some very nice work with new construction, as well as with renovating historic buildings. It's interesting to note that MetroPlains owns the 40-unit Ryan House apartments which are just across the street from the proposed Dakota Block.
I must say that the only thing I would question about the project is the fact that 30 of the units would be aimed at "lower income" residents. Shouldn't we be focusing our efforts on seeking at least middle-income or even high-income residents who would bring more money and more developments along with them? Downtown has long been seen as a "lower income" neighborhood. I would like to see it take on a more upscale atmosphere.
Update - 2/10/06
In today's Dakota Student, Councilman Glassheim says that the average rent in this building will probably be between $500 and $700. Also, the article states that the building will have five to seven low-income units. Why did the Herald report that 30 of the 40 units are low-income?
Another update - 2/10/06
The paperwork for this apartment complex states the following:
*16 one bedroom units: 6 @ $500/month and 10 @ $615/month
*24 two bedroom units: 10 @ $605/month and 14 @ $750/month
*Estimation that 25% of renters will be elderly
*Largest units on ground floor
Image - JLG Architects