The history at 628 E. Franklin
March 2, 2011 at 2:44AM
1904: Constructed as six luxury flats
1928: Divided into 21 units, later 23
1990: Foreclosed by Midwest Federal
1995: Sold by Resolution Trust Corp. City condemns. Sits boarded and vacant
1998: Forfeited to state for unpaid taxes
2000: Deeded to city, redevelopment put on hold
2002: Advertised for development. Neighborhood backs Gesco proposal
2003: Sold to Gesco for $1
2006: Default notice goes to Gesco for nonperformance
2008: Court orders Gesco to deed to investor Azzam Sabri
Source: Hennepin County property and court records; Minneapolis development files
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