The historic Northrup King campus in northeast Minneapolis, where artists have long set up their studios, is on its way to becoming a place where they can live as well.
After two years of fundraising, nonprofit developer Artspace has finalized plans to transform three buildings on the sprawling campus into 84 affordable apartment units and a cultural center by 2024. Future plans call for rehabbing four more shuttered buildings into artist-focused spaces.
The project is being hailed as a victory for the city, which has struggled with a lack of affordable housing, and a welcome investment into a century-old complex considered the crown jewel of northeast Minneapolis.
"This Northrup building was the cornerstone of the movement that turned Northeast into an art district," said Minneapolis City Council Member Kevin Reich, who grew up in the neighborhood. "Anytime we get to add to it, it's a cause for celebration."
Construction is expected to start next year on the $43 million project, which was funded with grants and loans from the city, state, citizens and an environmental group.
While 84 new units won't make a big dent in Minneapolis' affordable housing crisis, city officials and neighbors are thrilled that the 13-acre site west of Central Avenue, with its towering seed silos and industrial brick buildings, will become an even more important hub for artists, many of whom struggle to make ends meet.
"Northeast Minneapolis is rapidly getting more expensive," said Greg Handberg, the senior vice president of properties for Artspace. "It has historically been where the concentration of the artists in the city have lived and worked, so they are very much in danger of being priced out."
The renovation, Handberg said "is very much about creating a solution for the city's largest district."