Plans for a new $10 million housing development in Duluth’s Smithville neighborhood were released this week, which according to repots will include both apartment and a number of affordable townhouse residences as well.
Being called Grand Avenue Estates, the project features two individual apartment buildings, as well as 9 detached townhouse-style residences that should live more like a single-family home than anything.
Each of the new 67 apartments will be market-rate rental units, which is significant given how active development has been around this part of Duluth. Also noted by the Duluth News Tribune was that the The Department of Employment and Economic Development dished out $654,000 for an unexpected contamination clean-up effort in order to keep Grand Avenue Estates pushing forward.
Rent prices at Grand Avenue Estates are expected to start at $975 for a one-bedroom unit, while three bedrooms will reportedly go up to $1,475. Townhouse rental prices will range from $1,795 to $1,945.
Look for construction for Grand Avenue Estates to finally wrap up sometime around November.