Axle Apartments

Fridley, MN

Axle Apartments is currently under construction in the northern Twin Cities suburb of Fridley, with the first move-ins scheduled for June 2022. At 262 units and $51.5 million, this project is Roers’ largest development to date. Axle’s apartment mix will include alcoves, 1-bedrooms, 2-bedrooms, and 3-bedroom floor plans. Amenities such as a fitness center, community lounge, underground heated parking, and coffee bar will offer high-demand conveniences.

Axle is the first community within the workforce housing category for Roers, which means rents are set slightly lower than a typical market-rate apartment in order to better meet the budgets of a wider base of the area workforce.

Square Feet:

312,000

Year:

2022

Size:

262 units

Architect:

Kaas Wilson

Contractor:

Ironmark

Asset Type:

Workforce housing

Services Provided:

Development, Construction Management, Equity

Cost:

$51.5 million

Property Address:

The property will be situated at the NW corner of University Ave. and Mississippi St.

Square Feet:
312,000

Year:
2022

Size:
262 units

Architect:
Kaas Wilson

Contractor:
Ironmark

Asset Type:
Workforce housing

Services Provided:
Development, Construction Management, Equity

Cost:
$51.5 million

Property Address:
The property sits on the former home of the Holly Center at 6530 University Avenue in Fridley

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