According to a recent City of Minneapolis press release, the $65 million renovation of 1,303 affordable housing units at the iconic Riverside Plaza is now complete. The renovation is one of the largest U.S. Department of Housing and Urban Development-supported projects in the country.
An event was held at Riverside Plaza October 10 to celebrate the revitalization of the property. The housing unit improvements include upgrades to the mechanical and electrical systems that will extend the lifespan of the property for another 40 years. The exterior and site work focused on returning much of Riverside Plaza to its original 1970s appearance. The two-year construction period provided 200 construction jobs, 90 of which were reserved for Minneapolis residents with an emphasis on hiring Riverside Plaza residents and residents of the Cedar Riverside neighborhood. Continue Reading →