PLACE awarded $2 million from Met Council

The Metropolitan Council approves a $2M grant to fund a landmark, transit-oriented development in the heart of St. Louis Park, Minnesota.

On December 9, 2015 and after overwhelming enthusiasm and support from a rigorous application and vetting process, the Metropolitan Council approved funding for PLACE’s St. Louis Park Community. The Council approved 2 million dollars in funding from its Livable Communities Account for a Transit-Oriented Development (LCA-TOD) grant after the proposed project demonstrated a breakthrough approach to meeting housing and economic development needs in the Twin Cities. The funds will be used to help secure site acquisition at the former McGarvey Coffee property, pioneer alternative energy sources, and integrate stormwater improvement with infrastructure like green roofs and an urban forest.

Read the press release here.

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