Alatus Development on Lexington

On July 15, the Union Park District Council's land use committee, "CLUED", discussed the proposed development at 411 Lexington Parkway.

Alatus, LLC presented site concepts that they believe responded to community input about the project. You can find their presentation below as a PDF.

Important notes about the project:

• This is technically in Union Park, so they are the District Council the City of Saint Paul will reach out to once things move forward. 
• Union Park is working with Frogtown, Summit-University, and Hamline-Midway on this project because it is so close to all four districts.
• Even though Union Park is the district that this project is in, that does not mean that we cannot weigh in on this issue independently of them. We can discuss this issue like any other issue in our district. 
• Alatus has not submitted any applications or official site plans. There is not a formal call for comment at this time. 
• We plan on holding a community meeting to discuss this, but we do not know when yet. We would like to make sure that we are bringing people together to discuss something concrete. 

Alatus proposed three options for the development:

• Option A would have 226 "market rate" units. Prices would be as follows: eff $1,000, 1 br $1,400, 2 br $1,900, 3 br $2,799, and 4 br $3,400. (Note: the 3 br and 4 br units are priced "per bed")
• Option B would have a total of 226 units: 214 at "market rate", and 12 at 60% AMI
• Option C would have a total of 226 units: 220 at "market rate", and 6 at 40% AMI
• Option A would have an equal number of bedrooms to bathrooms in the 3 and 4 br units. 
• Option A would include a reduced-rent retail space, and a grocery store (Note: Aldi is across the parking lot from this site)
  

SUPC wrote a letter to Wilder, the lot's seller, to request that they put restrictions on the sale of the site. We requested that at least 50% of the units be at 30% of AMI.  They did not put any restrictions on the sale. 

More information:

July Alatus Presentation
File Size:	9171 kb
File Type:	pdf

Download File

---

---

This item will be on an upcoming Neighborhood Development Committee Agenda

August 20, 2019
6 PM
SUPC Community Room

Committee Members:
Mary Morris (committee chair), Judith Tande, Leetta Douglass, Eric Ebbeson, Daniel Yudchitz, Melvin Giles, Jonathan Palmer, and Ibrahim Kamia