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Flats on Fourth (Ovation/Stencil-Buckeye)

92 unit multi-family complex in Rochester, MN. The developer and builder at Stencil Group plans to build a six-story apartment complex with retail on the main level and underground parking for residents.

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Project Impact(s): Housing, Neighborhood

This project is in Available Phase.

  • Please scroll the following to view Beam's understanding of the project's strategy, indicators, expected results, and monitored metrics.
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Collaborators, Project Type, Impacts, Related Projects

 


Collaborators 

Lead Organization: Stencil Group

Contact: TBD ; Email: TBD ; Phone: TBD

Known/Likely Collaborators:

Potential Collaborators:


Related Projects


Impacts 

Major Impact:  Housing

PlanScape Impacts :

Level 1: Housing, Neighborhood

Level 2: Housing: Affordable Rate, Housing: Market Rate

DMC Impacts:

Waterfront

Community Health Impacts:


Type of Project

Building  

 


 

Detailed Description

Location: Fourth St. and Third Ave. SE

 

Private Investment: 17M

 

 

 

Strategy
Unknown

 

Expected Results

$8.9M - Downtown Waterfront

Market rate + Affordable housing

 

 

Metrics
Unknown

 

 

Last modified by support on 2021/09/05
Created by support on 2016/03/24

 

 

 

Site Information
Project Phase Definitions
The following defines the various project phases:
  1. Available - a product, program or service is in production
  2. Develop - program or application is being developed
  3. Plan - idea is solid, stakeholders are identified, and there is strong commitment to go forward from all parties.
  4. Concept Phase - idea scoped out with enough details to give an early sizing and/or to build a proof of concept
    demonstration
  5. Pre-concept Phase - an early idea or a requirement.
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