Project Profile

Park Laurel Apartments

281

Jobs Created

$4,213,429

Tax Impact

$11,941,284

Income Generated

$16,114,737

GDP Added

$31,828,559

Output Generated

The Park Laurel apartments is a renovation of one of the oldest buildings in Minneapolis, Minnesota consisting of 66 studio and one-bedroom units. Recognized as the “most elegant flat building” since 1893 and honored with the “Minneapolis Preservation Award” in 2022, Park Laurel seamlessly blends 20th-century elegance with modern convenience in its high-standard design. Each apartment features original historic elements such as fireplaces and archways, alongside contemporary upgrades like stainless steel appliances and in-unit laundry. Amenities include a pet spa, access to a community room, lounge, and fitness suite. Park Laurel’s convenient location offers a blend of urban living and natural beauty, surrounded by the Loring Park. Often referred to as the Central Park of Minneapolis, this diverse neighborhood provides a balance between downtown convenience and a scenic environment. Loring Park is close to major attractions like the Walker Art Center, Target Field, and popular performance venues such as Orpheum Theatre and State Theatre. 

Tax Credit Type:
Federal
Address:

15 East 15th Street
Minneapolis, Minnesota 55403

Contact us for more information about impact investing, federal and state tax credits.