CPM Development Seeks to Swap Lakefront Houses for Five-story Condo

The following article by Michelle Bruch, dated October 18, 2016, was published in the Southwest Journal.

(Park Watch Note:  As far as I can recall, this is the first time since 1988 when the Shoreland Height Ordinance was passed 13 to 0 by the Minneapolis City Council that a developer has attempted to exceed the 35 foot limit on a MPRB lake parkway by proposing a condominium complex that would be 55 feet in height.

The intent of the Shoreland Height Ordinance was to protect the city’s lakes from excessive height.  Anything over 35 feet was considered excessive height. Until now, developers have respected the Shoreland Height Ordinance on Minneapolis’ lake parkways.   This proposed 55 foot condominium project would replace three houses with 14 to 16 one million dollar condos fronting on E. Lake Calhoun Parkway.)

CPM Development Seeks to Swap Lakefront Houses for Five-story Condo

Rendering by Snow Kreilich Architects

Rendering by Snow Kreilich Architects

CPM Development proposes to replace three residences on East Calhoun Parkway with a condominium development.The five-story, 55-foot building would replace 3017, 3021 and 3025 E. Calhoun Pkwy.

CPM Principal Nick Walton said the building of 14-16  units would rise three stories at the lakefront, with a height that steps back at the fourth story and steps back again at the fifth story. Two- and three-bedroom unit sizes would range from about 2,000-3,500 square feet. Walton said smaller units would be priced just over $1 million and climb from there.

Each unit would have two dedicated parking stalls, and Walton said the project would include one level of underground parking located above the water table.

The groundwater impact was one of the first questions raised at an Oct. 17 neighborhood meeting. CPM previously developed the 1800 Lake apartments at Lake & Knox, where they discovered more groundwater than anticipated during construction. To prevent flooding the ramp, the developer pumped water into the chain of lakes for four years before landing on a solution to seal off the lowest parking level and settle litigation with the city.

To continue reading, click on the link to the Southwest Journal