Axle Apartments


Workforce Housing

Axle Apartments is situated in the northern Twin Cities suburb of Fridley, Minnesota. At 262 units and $51.5 million, this project is Roers Cos.’ largest development to date. Axle’s apartment mix includes alcoves, 1-bedroom, 2-bedroom, and 3-bedroom floor plans. Amenities such as a fitness center, community lounge, work-from-home lounge, underground heated parking, and library offer high-demand conveniences. Axle is the first community within the workforce housing category for Roers Cos., which means rent prices are set to fit the budgets of those making 80% of the median area income. The lease-up for Axle has been the most successful to date for Roers Cos., with nearly 95% of units pre-leased before the first residents moved in during April 2022.

Property Stats

  • 312,000 sq. ft.
  • 262 units
  • $51.5 million
  • Opened April 2022
  • Architect: Kaas Wilson
  • GC: Ironmark