Community Planning & Economic Development

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Many Rivers

Franklin Avenue East on the 1400 and 1500 blocks

Many Rivers is a multi-phase housing development in the Phillips Neighborhood that will include two new four-story mixed-use buildings with a total of 76 rental apartments. Many Rivers East, which was completed in August 2003, includes 50 units. Many Rivers West will include 26 housing units, approximately 5,500 square feet of commercial space and 35 parking spaces.

Developer:

American Indian Housing and Community Development Corporation

City Investment:

Housing Revenue Bonds, TIF, HOME, LCDA EZ and Non Profit Admin funds

Total Development Cost (private and public investment): 

Many Rivers East: $8.5 million

Many Rivers West: $5.9 million

Number of units:

Many Rivers East: 50 – 11 one-bedroom units, 26 two-bedroom units and 13 three-bedroom units

Many Rivers West: 26 - six one-bedroom units, six two-bedroom units and 14 three-bedroom units.

Construction Began: 

Many Rivers East: Spring 2002

Many Rivers West: Fall/winter 2004

Completion Date: 

Many Rivers East: August 2003

Many Rivers West: 2006

Contact:

American Indian Housing and Community Development Corporation, (612) 813-1610

Information subject to change.

June 2004

Last updated Oct 28, 2011