Riots destroy new $30M affordable housing project in Minneapolis

by Bryan Brammer · May 30th, 2020 2:09 pm
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@ByLizSawyer / Twitter

Last Updated Jul 29th, 2020 at 9:29 am

Riots sparked by the death of George Floyd have destroyed a $30 million affordable housing project in south Minneapolis, Minnesota.

The six-story, 190-unit apartment project known as Midtown Corner, which was set to provide housing for low-income families and individuals in the community, was torched and burned to the ground Wednesday night in a series of 16 structural fires set by protesters, Minneapolis Fire Chief John Fruetel reported in a press conference Thursday.

The housing complex, developed by Wellington Management, was scheduled to open in the spring of 2021. The total development cost was around $37 million, including contingency funds. The land and construction costs were approximately $30 million.

The project was funded almost entirely by private funds, with only $340,000 in public money being contributed.

➡️ Go Further: Follow Disrn's full coverage of the protests and riots here.


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