News
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 ...
Just Sold: LS Black buys site for housing, HQ
Three years ago partners Mike Hudson, Willy Boulay and Sterling Black launched LS Black Development in leased space in St. Paul. Now they’re getting ready to break ground on The ...
Officials execute agreement for affordable housing development in Round Rock ETJ
By unanimous vote, city officials authorized Round Rock Mayor Craig Morgan at a July 14 meeting to execute a development agreement with property owner LSBD Inc. regarding a future affordable ...
St. Anthony: Canvas Apartments in NE Minneapolis underscores need for more affordable units
Construction is underway in northeast Minneapolis on Canvas Apartments, a $71 million, 160-unit affordable housing complex of up to three-bedroom units. Read More on Star Tribune
LS Black Breaks Ground on $17M Affordable Housing Development in Minneapolis
LS Black Development recently broke ground on the $71 million Canvas Apartments affordable housing development in Northeast Minneapolis. Read More on REBusiness Online