C&E LOFTS and FLATS, 2400 UNIVERSITY AVENUE WEST, ST. PAUL, MN
C&E Lofts and Flats are part of a 3.5 acre redevelopment at the Green Line LRT Station at Raymond and University Avenues, one mile east of the University of Minnesota main campus.
Located in the University-Raymond Commercial Historic District, C&E Lofts is listed on the National Register of Historic Places and was the first phase of large redevelopment. C&E Lofts was originally known as the Chittenden & Eastman Building, a furniture showroom and warehouse built in 1917, and is the most prominent historic structure on University Avenue between the Minnesota State Capitol and the University of Minnesota main campus. Its most distinctive design feature is the north façade facing University Avenue, which imitates the architectural style of famous 19th Century Chicago architect Louis Sullivan. C&E Lofts was renovated in 2012 for upscale loft-style apartments with parking in the basement and behind the building. Two former industrial structures were acquired and demolished to create the exterior parking space.
Flats involved the redevelopment of the existing commercial building next door to Lofts for retail and indoor parking and the construction of five stories of new apartment residences and amenities on the roof.
- Project cost: $50 million for both Loft and Flats
- Project size: 278,000 SF (139,000 SF for Lofts and 139,000 SF for Flats)
- Uses: 223 apartment residences (104 for Lofts and 119 for Flats)
- Completion: 2012 for Lofts and 2017 for Flats
- Architect: BKV Group for Lofts renovation and Flats (Walter Robert Wilson was original Lofts architect)
- Contractor: Frana Companies
- Debt: Associated Bank
- Equity: Local investors and federal and state historic rehabilitation tax credit investors for Lofts. Local investors and a private REIT from San Francisco, CA for Flats
For more information, visit www.ce-living.com