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Residence at Discovery Square (Third Ave Lofts Residence at Discovery Square)

Beam Project Type: Building     Project in Plan Phase

Early tentative plans were presented to Rochester's Committee on Urban Design and Environment in January by the Vinar's architect, Teresa McCormack. McCormack, the owner of The Urban Studio in Rochester, described the complex with an estimated 150 market-rate apartments plus mixed-use commercial space.

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Detailed Description

A $3 million real-estate deal clears the way for a new apartment/commercial development near Rochester's Soldiers Field Park.

Vance Vinar Sr. and Barb Vinar, of Faribault, bought five parcels on Third Avenue Southwest and Fourth Avenue Southwest from Rochester's 3rd Avenue Holdings LLC. The Vinars made the purchase through Residence at Discovery Square LLC. It included two of the Third Avenue Lofts apartment buildings on the west side of Third Avenue and three adjacent single-family homes.

The parcels included:

506 Fourth Ave. SW, 509 Third Ave. SW, 507 Third Ave. SW, 514 Fourth Ave. SW ,519 Third Ave. SW

While the land changed hands, the details for the future project on the site still are being worked out.

 

Impacts

PlanScape

Level 1: Housing

Level 2: Housing: Market Rate ; Discovery Square

DMC: Discovery Square

Community Health:

Collaboration

Lead Organization: The Urban Studio

Confirmed Collaborators:

Potential Collaborators:

Status Reports Related PlanScape Status on: Housing

August 08, 2018: Riverfront project gets first nod per Post Bulletin Report

"Early plans for a $180 million construction project along the Zumbro River received some enthusiastic support from Rochester's Planning and Zoning Commission Wednesday night." 

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May 08, 2018: CNG Steering Committee working on 2018 Compass Points

 CNG Steering Committee is working on the next version of Rochester/Olmsted County Compass report.

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April 01, 2018: CNG Steering Committee Members Letter to Rochester City Council and Mayor

CNG Steering Committee members have sent to each member of the council, the mayor, and the city administrator the following letter that supports the inclusion of the core principles of health and wellness, as well as social equity and environmental justice. 

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January 30, 2018: 2018 County Board Goals

At the Jan. CNG Meeting, Heidi Welsh presented the following 2018 Goals

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December 24, 2017: Coalition to advance housing framework

Rochester Area Foundation announced the creation of the Coalition
for Rochester Area Housing, a group of public and private sector organizations dedicated to affordable housing in the Rochester area.

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September 21, 2017: City Council Discussing Affordable Housing

City Council's Committee at Large discussed Affordable Housing andCouncilman Michael Wojcik's counter proposal. 

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September 10, 2017: Rochester-Southeast Minnesota Campus for Single Mothers and their Children

Remick Family donates land for future Jeremiah Program campus in Rochester

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September 10, 2017: Planning 2 Succeed: Rochester 2040 Comprehensive Plan

P2S updates to be presented to CNG in September CNG meeting. 

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Last modified by allnode on 2017/09/27
Created by allnode on 2016/10/26

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