Case Study: Golden Valley Town Square
Golden Valley Town Square is a 13-acre redevelopment project that exhibits all the characteristics of how redevelopment can include affordable housing along with a variety of land uses. The project includes town homes, stacked condominiums, rental apartments, and 38,000 square feet of office and retail space.
The city stepped in with TIF funds to assist with demolition of the old building and for infrastructure around the site. The rental units are affordable through funding from the Metropolitan Council, Hennepin County, and tax credits from the Minnesota Housing Finance Agency.