Business View Civil Municipal - July 2023

237 CIVIL AND MUNICIPAL VOLUME 4, ISSUE 7 WI LLMAR , MN impressive surge in housing projects, adding over 500 new housing units, most multifamily dwellings, to the city’s portfolio. As Backman explained, “The first project that came online was 15th Street Flats that had 47 units,” a four- story affordable housing venture brought to life by a developer from Wisconsin. Further demonstrating the city’s diverse housing landscape, Backman mentioned Unique Opportunities, a company hailing from Alexandria, Minnesota, is on the verge of wrapping up its fourth phase. “There are four buildings of 72 units each. So that’s 288 units,” he explained. Another project of note, the Preserve on 24th, finds its home in the city’s Water View Business Park, near prominent retail entities like Walmart, Target and PetSmart. With “108 units, three buildings of 36 units each,” this venture offers the community market-rate housing options. The Block 25 Lofts project stands out for its