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Real Estate Frenzy | Twin Cities Business

Real Estate Frenzy | Twin Cities Business
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Dismissing court appeal, neighbors look for more affordability in controversial St Paul housing project

St Paul City Council dials back confrontation with Mayor Carter over housing development

St. Paul City Council dials back confrontation with Mayor Carter over housing development The council voted 5-2 to seek a non-binding opinion from the attorney general.  April 28, 2021 6:29pm Text size Copy shortlink: The St. Paul City Council on Wednesday ratcheted down its confrontation with Mayor Melvin Carter over a controversial housing development, asking for an opinion from the Minnesota Attorney General on whether the mayor was acting within his authority. For more than a year, Minneapolis-based Alatus planned $57 million development near University Avenue has been criticized by residents of nearby neighborhoods who say it would speed gentrification and displacement of low-income residents.

St Paul City Council, Mayor Melvin Carter at odds over $57 million development plan

Created: April 27, 2021 08:39 PM Community activists and several St. Paul City Council members criticized Mayor Melvin Carter for his recent veto of the council’s denial of a proposed $57 million apartment complex development on Lexington Parkway just south of University Avenue. City Council member Dai Thao said the city should not approve the project because it does not include enough affordable housing, even though the developer, Alatus Company, has proposed a minimum of 124 affordable apartment units out of the 288 units in the development project. “When studio apartments start at $1,000 a month, it is not affordable for people who live in the Midway and Frogtown area,” Thao said. “Why are poor people always being picked on? Why are Black people always being picked on? This policy does not benefit us.”

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