St. Paul Council Member Mitra Nelson said she met with the Hamline-Midway Coalition’s development committee on Thursday evening to review details, and “the initial impression seemed in line with a lot of what I hear community members asking for in terms of affordability.”
Reuter Walton has a purchase agreement with Goodwill Industries to buy more than three acres of land, though Goodwill employees will still be able to park at the site through a long-term lease arrangement.
“Our legacy has been to anticipate market demand and be ready to develop when opportunity and the right site is available,” Walton said in a written statement. “The Goodwill Headquarters redevelopment will provide much needed affordable and transit oriented housing for the city of St. Paul.”
The developer will apply in January for affordable housing tax credits through the city of St. Paul, with construction anticipated to begin in the fall of 2020. All other financing has been secured, according to Walton’s statement.
Goodwill-Easter Seals Minnesota President and CEO Michael Wirth-Davis said in the statement that his organizations looks “forward to welcoming our new neighbor Reuter Walton, who is providing critical housing options in the community we serve.”