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North Rock Real Estate

North Rock Real Estate is proposing a 50-unit apartment complex for the former Creative Salon site, located at 324 1st Avenue Southwest. Initial plans call for 25 studio apartments, starting at 375 square feet, along with 20 one-bedroom units and five two-bedroom apartments.

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Project Impact(s): Housing

This project is in Plan Phase

  • Explore this page to view Beam's assessment of the basic description of the project, its impacts and collaboration atrributes. Also shown are status reports related to the project.
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Collaborators, Project Type, Impacts, Related Projects

Collaborators 

Lead Organization: North Rock

Contact: Mike Zirbes ; Email: TBD ; Phone: TBD

Known/Likely Collaborators:

Potential Collaborators:


Related Projects


Impacts 

Major Impact: 

PlanScape Impacts :

Level 1: Housing

Level 2: Discovery Square

DMC Impacts:

Discovery Square

Community Health Impacts:


Type of Project

Building  

 

 

Detailed Description

"North Rock Real Estate is proposing a 50-unit apartment complex for the former Creative Salon site, located at 324 1st Avenue Southwest.

Initial plans call for 25 studio apartments, starting at 375 square feet, along with 20 one-bedroom units and five two-bedroom apartments.

Mike Zirbes, a partner at North Rock, said the six-story concept is being designed to target young, transient professionals who do not need much space — but want to be close to work and entertainment options."

 


Other Community News and Reports having impacts on:

Housing
August 16, 2024: Tax Breaks to Landlords

PB reporting: A local program providing tax breaks to landlords in exchange for maintaining lower rents is being tweaked to encourage future development of affordable housing.

Read more ...
August 07, 2024: Age-Friendly Olmsted County (AFOC) Plan

August 2024 Report : Age-Friendly Olmsted County (AFOC) activities implementing the Age

Friendly Olmsted County 2022-2025 Action Plan since our annual report in February 2024.

Read more ...
July 17, 2024: Bryk Apartments Rental Eligibility Amendment

July 17, 2024 City of Rochester: Adopting a Resolution authorizing an amendment to the Development Assistance Agreement and the Declaration of Restrictive Covenants to revise the affordability covenants related to the 80% Units.

March and May 2023 reports to DMCC including video, documents and presentations. 

Read more ...
July 17, 2024: City Housing Support

Home Ownership Creation Program - Prairie Ridge: "NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of Rochester, MN hereby approves the contribution of $4,000,000 to the Prairie Ridge development to support the creation of 201 for-sale homes via the Home Ownership Creation Program.

 

Read more ...
July 01, 2024: First Half 2024 Targeted Business Enterprise Utilization Plan Reports

2Q 2024: June 2024May 2024 - Admin Message, TBE Report; April 2024 - Admin Message, TBE Report

1Q 2024: Feb 2024 - Admin Message, TBE Report; Jan 2024: Admin Message, TBE Report

Special callouts: Women in Construction; City of Rochester Equity in Development 

Read more ...
June 15, 2024: Homes for our Neighbors Community Gathering
Calling for Community Support at Community Meeting:  The most recent Olmsted County Maxfield Study found that from 2020-2030, housing demand required 18,000 new housing units. 71% would need to be general-occupancy and 29% age-restricted senior housing.

 

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June 09, 2024: ISAIAH Rochester Agenda

Focus Area: Housing; Our Next Generation; Healthcare; Community-Building; Climate

Activities: Rochester Faith in MN & ISAIAH Calendar and Strategic Missions

Reference: CMRC June 24, 2024 Meeting Presentation Video

 

Read more ...
May 24, 2024: 1H 2024 Destination Medical Center
Proceedings

May 2024 DMCC Board Meeting and City, County, DMC Joint Meeting

Feb 2024 DMCC Board Meeting

Read more ...
May 21, 2024: M.O.V.E: A Collaboration of SHIP, Joint Study, One Olmsted

Mobilizing Olmsted Voices for Equity (M.O.V.E.) community council application

M.O.V.E. Promotional Flyer and Application to join M.O.V.E.

5/10/2024 Conversation Olmsted County Rep and CMRC Rep.: Regarding Olmsted County Community Council's DEI initiative called Mobilizing Olmsted Voices for Equity (M.O.V.E) 

Rochester Area Foundation Support Message

 

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May 17, 2024: Minnesota Housing Profile Housing Statistics and Findings

2023 Olmsted County Housing Profile

State of MN Profile and Findings

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March 10, 2024: West Transit Village
September DMCC Board Status: NTH to run a developer selection process with Mayo

2024-03-10 Added Video Clip Loop of Sep 2022 DMCC board meeting

Read more ...
March 07, 2024: City of Rochester Housing Actions
 

Feb 26 City Council Study Session Housing Portion: Economic Development Incentives for Housing

Video Clip

Presentation Slides

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March 04, 2024: City Council: Diversity, Equity, and Inclusion Updates; Housing; International Relations

DEI Presentation Topics: Language Access and Accessibility; Equity in the Built Environment; 2024 Initiatives

Economic Development Incentives for Housing

Mayor Updates: Black History Month, Luther College: Mutable City; International Relations Committee

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February 12, 2024: Destination Medical Center (DMC) Investment Metrics Slow Down Trend

Feb 1, 2024 DMCC Board Meeting

Private investment metrics Slide

Video Clip

PB Reporting

Read more ...

 

 

Last modified by support on 2021/09/05
Created by support on 2018/09/20

 

 

 

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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