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Eitel Building City Apartments after rehabilitation, 2008
Lobby after rehabilitation, 2008
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Multi-Family Housing Rehabilitation - Market-Rate
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LOCATION |
Minneapolis, Minnesota |
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DATE BUILT |
1912 |
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DEVELOPER |
Village Green Companies |
| TOTAL # OF UNITS | 39 |
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COMPLETION DATE |
2008 |
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TOTAL REHABILITATION COST |
Approximately $10 million |
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FEDERAL HISTORIC TAX CREDITS |
Approximately $2 million |
PROJECT OVERVIEW
MacRostie Historic Advisors served as historic tax credit consultant to Village Green Companies in the rehabilitation of the 1912 Eitel Hospital in Minneapolis for 34 market-rate apartment units. An additional 177 units are located in adjacent new construction that employs "green" materials and processes in design, landscaping, and operations. The project involved the removal of 1960s and 1970s additions and the careful rehabilitation of the six-story historic hospital, including installation of a replica of the original bracketed cornice that was removed from the building in a 1977 remodeling.
The completed project boasts a roof-top terrace and a club room in the former mechanical room of the elevator penthouse. A fitness center, business/conference center, and theater are located in the former basement space. The completed project received a 2009 Preservation Award from the Minneapolis Heritage Preservation Commission.