Minneapolis/St. Paul Business Journal: Challenge for Edina towers — Where does the affordable housing go?
EXCERPT: “Edina requires affordable housing to be part of multifamily developments. But the companies behind a plan to build a pair high-end condo towers near Southdale are considering whether building affordable units at another site would be good enough for the city. The option of additional, affordable housing at a separate site is one of the options being considered by Estelle Edina developers Ryan Cos. US Inc. and Arcadia . . . The project has gotten some pushback from officials already, and the affordable-housing aspect may be another flashpoint. Some City Council members prefer affordable components to be part of the core project.” FULLSTORY: