$16 Million Dollar Student Housing Project Moves Forward In Duluth
Plans to build student housing next to Lake Superior College have moved a step forward when the Duluth Economic Development Authority signed off on the development of a 100 unit apartment building.
According to The Duluth News Tribune LSC Flats LLC, an offshoot of Titanium Partners LLC, are expected to invest at least $16 million in the building, which will offer two- to four-bedroom apartments for rent. Duluth suffers from a housing shortage as it is, let alone affordable housing for students. Construction is expected to begin by no later then June 2020 and have all the work completed before the end of 2021.
Daniel Fanning, Lake Superior College's director of institutional advancement said if everything ges as planed they could be welcoming some students as soon as Fall of next year. Fanning went on to say " "Essentially, we all understand and recognize there's a need for affordable housing and particularly student housing near Lake Superior College. So, we see this as hopefully the beginning. And if it goes as well as I think it's going to go, I would not be surprised to see an additional building. It sounds like both Brian and the city are very much on board with that."