Sherman project, PiPress building get cleanup grants

Nicollet Ave. The Plymouth-based developer is going to build a 184-unit affordable housing complex. The structure will also include retail space and parking, the city of Minneapolis says.Another United Properties project, the Target Field Station development at 419 Fifth St. N. in Minneapolis, will get $363,900 for environmental remediation. The hotel/entertainment development also received $158,620 in cleanup money from DEED.The Market Street project, an $85 million development in Edina, is getting $338,900 for environmental investigation and remediation at the 2.8-acre site on the 3900 block of Market Street, formerly known as 49½ Street. Market Street is spearheaded by Buhl Investors of Edina and Minneapolis-based Saturday Properties, which were chosen by the Edina City Council as the preferred developer in December 2016. The companies’ plans were approved in late June. They include 110 luxury apartments, ground-level retail space, a public plaza, two levels of underground parking, and expansion of an existing parking deck at the site.A redevelopment project in South St. Paul by Scannell Properties is getting $323,700 for environmental remediation, said the city’s economic development manager, Ryan Garcia. Indianapolis-based Scannell is building a 270,000-square-foot FedEx facility at the 33-acre site at 843 Hardman Ave.Howard Bergerud’s Azine Alley project is on deck for $267,400, which will go toward environmental investigation and remediation at the site, which is currently a parking lot on the 100 block of First Street North in Minneapolis’ North Loop neighborhood. According to documents from the city of Minneapolis, Bergerud hopes to turn the spot into an eight-story building containing 70 condominiums, a 125-room hotel and retail space.A workforce housing project in Minneapolis called East Town Apartments will get $250,000 for disposal of contaminated soil. Development plans call for a six-story building with 169 units of affordable housing at 815 S. Sixth St., which is currently a parking lot owned by First Covenant Church. First Covenant is partnering with Minneapolis-based Community Housing Development Corp. and Ryan Cos. US Inc., also of Minneapolis, on the project.The Metropolitan Council extended its generosity to another Sherman Associates project, this time in Minneapolis. Its 205 Park development will get $206,300 to dispose of contaminated soil at the site, a parking lot at the intersection of South Washington Avenue and Park Avenue. According to the city of Minneapolis, current development plans include a six-story building with 127 units, including four walk-up townhomes that will be sold as condos. Twenty percent of the rentable units at the $36.5 million development will be affordable to those making 60 percent of the area median income. There will also be commercial space on the ground floor and two levels of underground parking.Community Housing Development Corp.’s project at 714 Park Ave. S. in Minneapolis will get $165,200 in cleanup funds. The project, called Park 7, calls for 55 units of affordable housing for the chronically homeless, as well as a food center, offices and counseling space.The Metropolitan Council pitched in $100,000 in transit-oriented development money for the planning and design of St. Paul-based Wellington Management’s a href="http://finance-commerce.com/2017/06/wellington-plans-to-bu... (Finance and Commerce)