Transforming part of the old Anoka State Hospital into 33 modern apartments for veterans would have cost $11.5 million in construction costs.
That's more than $330,000 per apartment, nearly $100,000 more per unit than a similar renovation at Fort Snelling's historic Upper Post.
That amount, which would buy a large home nearby, has raised the eyebrows of some commissioners in Anoka County, which owns the site.
But officials with CommonBond Communities, the nonprofit group that transformed Fort Snelling's Upper Post stables and warehouses into comfortable veterans' homes, said they can do the same with three boarded-up state hospital buildings near the banks of the Rum River. And it won't cost Anoka County a dime.
That's critical because county officials sought a permit from the city of Anoka to tear down the century-old complex in 2014. The county covers the annual cost of keeping the buildings secured.
When city officials balked, citing the destruction of historical properties, the veterans' housing plan was hatched.
"If the buildings can be salvaged and they can be used for good, I am supportive as long as it's not borne by the taxpayers of Anoka County," said Commissioner Scott Schulte.
The linchpin for the renovation: state and federal historic and low-income tax credits that could help secure nearly $8.5 million, according to CommonBond's projections.