News

Balsam on Broadway Grand Opening
Balsam on Broadway opened its doors in December, bringing 128 units of affordable housing and Broadway Street Development's new center of operations to St. Paul’s Lowertown neighborhood. The six-story building ...
St. Paul: Balsam on Broadway opens in Lowertown, one of several housing developments for downtown
After opening 128 units of affordable housing in St. Paul’s Lowertown neighborhood, developers Mike Hudson and Willy Boulay followed that up by moving in. The co-founders of Broadway Street Development ...
Broadway Street Development wraps work on The Balsam on Broadway mixed-use development in St. Paul
Broadway Street Development has completed The Balsam on Broadway, a six-story mixed-use development at 540 Broadway St. in St. Paul, Minnesota, adjacent to the city’s Lowertown neighborhood. Read More on ...
Broadway Street Development Makes Largest Real Estate Developers in the Twin Cities List
Ranked by Metro square feet broken ground on, 2022-2024 Broadway Street Development ranks 21st. Read More on Business Journal
It’s not easy building affordable apartments in the Twin Cities. These developers got it done.
Willy Boulay and Mike Hudson have a grand vision for building affordable apartments for people with below-median incomes that are as nice as market-rate properties. Read More on Star Tribune
Broadway Street Development finds success in NE Minneapolis
A $71 million project that’s bringing 160 new affordable dwellings to the Bottineau neighborhood of Minneapolis is nearly fully occupied, a milestone reached about five months after the project’s completion, ...
Housing and entertainment drive big Woodbury developments
As the first heavily built-up Minnesota community that drivers on Interstate 94 see after crossing the St. Croix River — and the last they encounter heading eastbound — Woodbury has ...
Rare ‘difficult-to-develop’ apartment projects advances in Woodbury
Two affordable apartment developments with nearly 500 units in total are advancing in Woodbury, including one project that failed to move forward in a previous iteration as a market-rate building ...
Developers pitch nearly 500 rentals across 2 projects in Woodbury
Developers are pitching two projects that would bring nearly 500 apartment units to Woodbury. Read More on Minneapolis/St.Paul Business Journal
LS Black Building $88M Round Rock Affordable Rental Project
LS Black is building an $88 million rental community north of Austin, in Round Rock. None of the units are market rate apartments. The Preserve at Mustang Creek, will consist ...
Deeply affordable housing headed to State Highway 130 corridor
Deeply affordable housing is headed to the northern reaches of the State Highway 130 corridor. Minnesota-based LS Black Development will develop the project that is expected to bring 252 badly-needed ...
St. Paul permits up as $65M mixed-use projects nears construction
Commercial-industrial building permit activity in St. Paul was up sharply last month thanks in large part to a $65 million project that will bring more affordable housing and new office ...