700 American is a new construction, mixed use property totally 177,348 Gross Square Feet. The building will consist of 128 affordable apartment homes (133,436 SF) and approximately 1500 square feet of ground level commercial space. The project will be completed in one phase. 700 American will sit on on a 1.85 acre site and will be comprised of one building. The property will be acquired by the developer from the City of Bloomington, who currently owns the site.
The proposed project will provide affordable units averaging to 50% of AMI for seniors (55+) within the City of Bloomington. As identified in the City's 2040 Comprehensive Plan, it is anticipated that the population over the age of 65 will increase by 40% in the City by 2030. By 2040, over one quarter of the population is forecast to be seniors within Bloomington. The proposed project provides much needed population-specific affordable housing.
June 12, 2024 - As part of the Enviromental Review process for projects receiving federal funding or approvals, during the public comment period, members of the public can review the environmental documentation and provide comments or concerns related to the project's potential impacts. The 15-day public review and comment period is available from June 12, 2024, through June 27, 2024. Written comments can be submitted by email or mail through June 27, 2024, and will be included in the submission to HUD.
HRA@Bloomingtonmn.gov
City of Bloomington
Housing and Redevelopment Authority
1800 West Old Shakopee Road
Bloomington, MN 55431
Below is the Enviromental Assessment Determinations and Compliance Findings for HUD - assisted Projects and Notice of Finding of No Significant Impact and Notice of Intent to Request Release of Funds
700 American Enviromental Assessment Determinations and Compliance Findings
700 American - FONSI and RROF
