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Transitioning to the post-pandemic world is bringing both challenges and opportunities for apartment developers in the metro area.
During a Wednesday event, development leaders from Doran Cos., Schafer Richardson and Sherman Associates discussed pandemic-influenced project alterations and new tenant expectations, along with inclusionary zoning’s impact on housing stock. NAIOP Minnesota, also known as the Commercial Real Estate Development Association, held the virtual and in-person event.
“We still have big issues to resolve in the Twin Cities and specifically in Minneapolis with public safety, with inclusion, with equity,” Chris Sherman, president of Sherman Associates, said during the event. “The spotlight’s on us, and I think there’s a lot of people that want to make those changes and be the leaders to do those changes.”