Franklin-Portland Gateway Development

The Franklin-Portland Gateway – A Place for Everyone
278 New or Rehabbed Units transform an Abandoned Intersection

In 1999, amidst a severe housing shortage, Hope envisioned rebuilding all four corners of a long-abandoned intersection in the Phillips neighborhood.  There was significant skepticism about changing this high traffic, drug-ridden area of Minneapolis.  Undaunted, we put together a strategic partnership with non-profit developer Aeon.  Hope’s vision of a diverse, multi-cultural community is becoming a reality.  Gateway is a success story in a rapidly gentrifying urban center.  Without thoughtful, long-term intervention, working class people will be driven out of our inner-city neighborhoods.  The Gateway strategy is to build affordability first.  100% of new housing units in Phase I are affordable, assuring the continued presence of low-income people in urban neighborhoods.  Hope’s Real Estate Development builds places where diverse community flourishes.