October 26, 2017 12:18 PM
Work started on a planned mixed-use development at the future sight of St. Louis Park's light rail stop.
PLACE (Projects Linking Art, Community and Environment), the project's developer, announced an additional $850,000 in grant money from the Metropolitan Council Wednesday.
The project will bring a hotel, housing, retail and co-working spaces to the corner of Wooddale Avenue and 36th Street. That's where a planned Southwest LRT line from downtown Minneapolis to Eden Prairie will have a station.
The grant money is part of the Met Council's initiative to award funds to transit-oriented development. On Wednesday, it awarded nearly $4.6 million to four projects in the metro.
“Transit and development are a dynamic duo,” said Alene Tchourumoff, Metropolitan Council Chair. “They work better together. Transit is most successful when it provides service where people live and work, and development is successful when people can readily get there. Investments in projects like these help make our region more livable.”
Other features of PLACE include a solar canopy parking lot, urban art forest and nearly 600 bicycle parking spaces.
Updated: October 26, 2017 12:18 PM
Created: October 26, 2017 11:50 AM
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