In the waning hours of the state legislature, an agreement was cut between the state, the City of Minneapolis, and the East Phillips Neighborhood Institute (EPNI) that enables EPNI to buy the old Roof Depot warehouse and redevelop it into a community amenity.
The redevelopment will include affordable housing, an indoor urban farm, space for local businesses, job training facilities, services for unhoused people, a large solar array, and more. It will be a community-owned asset.
The neighborhood wanted to acquire the Roof Depot site years ago, but the City of Minneapolis bought it with plans to relocate its Water Works facility there.
The legislative deal provides the city with money to recoup its expenses and move the Water Works yard elsewhere.
The deal hinges on EPNI raising $3.7 million in private funds by Sept. 7.
Rep. Hodan Hassan (DFL-Minneapolis), who represents the East Phillips neighborhood, said in a media release she was pleased the state and city partnered to find a solution.
“With a third of East Phillips residents living below the poverty line, the community is in great need of affordable housing, investment in jobs and infrastructure, and sustainable development. While this project will be a long road, I’m thankful we were able to make progress on this investment in our community. I am confident the vision for the Roof Depot will one day become a reality.”
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