City Council Vote Set for New Rochester Housing Proposal

Rochester, MN (KROC-AM News)- The Rochester City Council will take up a vote Wednesday night on a housing project. 

See Also: Major Bid for DMC Transit Project Nearly Double Estimate 

The proposal calls for it to be built between downtown Rochester and St. Mary’s Hospital. 

It also would provide access to the Link Bus Rapid Transit Line. Funding for the project, supplied by the Destination Medical Center, won approval from the corporation’s board earlier this month. 

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Rochester, MN City Council to Vote on Development Along 2nd St. Southwest

City Councilmembers will be asked to approve spending $2,372,500 in DMC funding for the project along 2nd St. Southwest, between 7th and 11th Avenues. 

The location slated for development is between downtown Rochester and St. Mary’s Hospital. Plans for the project call for constructing a market-rate 133 unit residential building, according to the city council’s meeting agenda item. 

The plan includes a four-unit for-sale workforce condominiums. 

City documents indicate each condo unit will be sold to individuals who meet income requirements in the form of a $200,000 mortgage.

A $124,500 Minnesota Housing Finance Authority Grant will be relied upon to cover the remainder of the purchase, the agenda item says. 

The proposal also calls for a pedestrian-only walkway running north and south between 2nd St. and 1st St. Southwest. A small park along the walkway is also included in the proposal.