Craig Miller wrote:

 East Phillips Commons, Phase I: 29th Street and Bloomington (East
> Phillips)/$515,000. Developer: Sherman Associates. Project: $5.4 million
> construction of 28 unit apartment building and 4 live-work
> owner-occupied units (all units proposed as affordable to families at
> 50% MMI. Site assembly not complete and $1 million budgeted for
> acquisition and demolition).

++++5.4 million for 28 units = 192,000 per unit.

Jana Metge wrote:

This is another project that I have been working on for over 2 years.  It
includes commercial bays on the 1st floor of the apartment building, a
neighborhood daycare facility, and a playground.  Additionally, the
community design has requested the creation of public spaces to allow
residents a place to play and build community.  These landscaping figures,
as well as the daycare, and the commercial build-out are all part of the
overall project cost.  Additionally, as noted above, $1 million is budgeted
for site acquistion and demolition.

Jana Metge
Phillips Resident
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