The 50th Street Development
Boutique Multifamily Development Opportunity
Marketing description
5 Star Commercial Land Redevelopment
The 50th Street Development is strategically located near key attractions such as the VA Medical Center and the stunning Minnehaha Regional Park.
This proximity enhances its appeal for potential residents looking for convenience, recreation, and quality of life.
Convenient access to transit options, including the Blue Line LRT, connects residents to Downtown Minneapolis and MSP Airport.
This proximity supports a transit-oriented development strategy, making the 50th Street site an ideal choice for investors.
Site Details The 50th Street Development spans 0.558 acres, comprising two adjacent parcels at 4209 and 4225 E 50th Street. Zoned CM2 Corridor Mixed Use with a Corridor 4 Built Form Overlay, this site allows for up to 4 stories and a Floor Area Ratio (FAR) of 2.4, supporting diverse development opportunities.
Investment highlights
Multifamily and Mixed-Use Opportunities
The site is ideal for boutique multifamily housing that enhances community living. With zoning for up to four stories, developers can create modern residences that cater to professionals seeking a vibrant lifestyle near transit and parks. This approach not only meets housing demand but also fosters a sense of community.
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