Apartment

Beam

Type: New Construction
Role: Developer, Owner, Manager
Building Space: Apartments: 92 in the LIHTC building
(20 market rate, 72 affordable)
Financing: LIHTC, City of Minneapolis, Hennepin County, Met Council
Location: Minneapolis, MN
Fall 2022
Year Completed
81,733
sqft

Overview

Located on the iconic curve of West Broadway Avenue in the Jordan neighborhood, Beam delivers 72 mixed-income apartments (50% and 60% AMI) and 20 townhomes (80% AMI) to the community of North Minneapolis. The 92-unit apartment building has homes ranging from 1-bedroom, 2-bedroom, and 3-bedroom floor plans, as well as 3-bedroom townhomes with private garages.

All units include in-home laundry and private balconies. Additionally, all units have high efficiency HVAC systems, LED lighting and low flow plumbing fixtures to meet ENERGY STARĀ® and green community standards. Building amenities include a community billiard room with a fully equipped kitchen, outdoor patio with two gas grills, playground, 24-hour fitness center, office spaces, workroom, private resident storage, and on-site management. The parking garage includes 32 covered bike parking spaces, and there are additional exterior bike racks located on the property.