The following article by Cory Zurowski was published in the October 27, 2016 on-line edition of City Pages.
Would You Bulldoze This Million-dollar Minneapolis Home for Condos?
In the great wild west of Minneapolis real estate, this million-dollar home could get the wrecking ball.
Rain abuses three single-family houses along East Calhoun Parkway on a weekday morning. A wrecking ball will bring much worse if CPM Development has its way. The developer wants to replace the homes with a five-story condo building.
Among the trio eyed for demolition is a home that was purchased in 2011 for $1.2 million.
The new condo structure would house 14 to 16 units, the cheapest costing more than $1 million for less than 2,000 square feet of living space. The high-profile address is situated across the street from Tin Fish restaurant.
It would prove no small feat to gain the city’s approval for the project. All three properties must be rezoned.
To continue reading, click on the link to the Southwest Journal.
