Midwest Multifamily & Affordable Housing Business: Twin Cities Market Undergoes Apartment Building Spree
The Twin Cities apartment market has strong tenant demand due to job growth and Sherman Associates’ Moment development in Minneapolis opening in late 2022 will appeal to the employment base of neighboring Hennepin Healthcare, Thrivent, Hennepin County Government, and others. From this location, residents will be able to walk to work as well as many prominent downtown destinations.
Firefighters For Healing will have its Transitional Healing Center on the second floor of the 222-unit, 10-story apartment tower for families of burn victims so they can stay close to their loved ones while they are being treated at Hennepin Healthcare.
Moment will feature units with smart home technology, pool, sauna, hot tub, sports simulator, work from home space, and rooftop lounge. Additionally, Sherman’s two solar gardens developed in 2019 will off-set the building’s energy usage.
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