New neighbors moving into the Mill District down the street!

New neighbors in the Mill District are the new Mill District City Apartments at 225 Portland Ave. which was officially open in November 2010 marking another Minneapolis real estate project completed. The Farmington Hills, Michigan based Village Green Companies broke ground in the Mill District for the project October 2009 on the $25 million, 175-unit apartment complex near the Guthrie Theatre.
To get the project going, the city of Minneapolis allowed Village Green to defer paying for the city-owned site until after the 24-month construction period was complete. As of early December, Mill District City Apartments had roughly 60% of the under contract. Rent for the complex's studio apartments start at $1,045 per month and tops out at $2620 for the complex's three-bedroom, two-bathroom loft. Developer Village Green manages and controls two other properties in Minneapolis, the Eitel Building City Apartments and Lake Calhoun City Apartments.