After 40 years of successful affordable housing development, Dominium’s growth is stronger than ever. With 15,000 units owned in 21 states, the Plymouth-based company is not only committed to affordable housing, but it is also raising the bar for transformational historic projects in the Twin Cities and beyond.
Mark Moorhouse, Senior Vice President and Project Partner, revealed Dominium’s elaborate plans for its upcoming projects at the Buzza building in Uptown Minneapolis, the iconic Pillsbury A-Mill site on the riverfront in downtown Minneapolis, and the Schmidt Brewery in St. Paul.
Schaefer Richardson worked on a redevelopment plan for the site for nearly a decade but ultimately the project wasn’t feasible, especially for the proposed use of 1500 units, mostly condos. Dominium is taking a more conservative approach by developing less units initially (250) and designating them as affordable artist lofts. Moorhouse explains that neighborhood groups are more receptive to affordable artist housing than typical affordable housing, since artists are a special asset to the community.