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Apolis

Deal: Sample site: Willow Bend Residences

Sample site: Willow Bend Residences

Sample

Southeast Minneapolis, Prospect Park. Rezone required: the long timeline template governs. Neighborhood meeting held, letters filed.

A sample deal in the live format. Notes, documents and changes are sample records.

Stage
Entitlement
Rezone
Gate due
Feb 2027
Planning commission hearing, Counsel
Days in stage
64
Stale, updated Oct 17
Units
230
Ground-up
Total cost · estimated
$63.5M

Timeline

Rezone, 23 months from site control to close. Current phase: Rezoning and site plan.

  1. 1. Site control3 mo

    Complete
    Gate
    Purchase agreement executed with entitlement contingency
    Owner
    Counsel
  2. 2. Feasibility2 mo

    Complete
    Gate
    Untrended yield on cost clears the screen at the proposed count
    Owner
    Sponsor
  3. 3. Neighborhood and city pre-application2 mo

    Complete
    Gate
    Staff report favorable
    Owner
    Sponsor
  4. 4. Rezoning and site plan6 mo

    Current phase
    Gate
    Council approval recorded
    Owner
    City
  5. 5. Appeal period1 mo

    Ahead
    Gate
    Expired without challenge
    Owner
    Counsel
  6. 6. Design to permit set4 mo

    Ahead
    Gate
    Building permit application filed
    Owner
    Architect
  7. 7. Permitting3 mo

    Ahead
    Gate
    Building permit issued
    Owner
    City
  8. 8. Financing and closing2 mo

    Ahead
    Gate
    Loan and equity close the same day as land
    Owner
    Sponsor

Today's zoning does not carry the count. The public path governs the clock. Months are the phase's illustrative default.

Tasks for Entitlement

2 of 5 closed. Stage entered Sep 4. Sample team.

  • Submit the applicationDue Sep 18

    Development leadGates the stage

  • Neighborhood meetingDue Oct 19

    Development lead

  • Staff report reviewDue Nov 18

    Legal

  • Planning commission hearingDue Dec 3

    Development leadGates the stage

  • City council approvalDue Jan 2

    Development leadGates the stage

Gate review: leaving Entitlement

0 of 1 partner has decided. Moving forward without approval shows a warning. Sample partners. Decisions are never edited; a change is a new entry.

  • Sample Dana OrtizPendingNot yet decided

Record decision

Decision

Name
Sample site: Willow Bend Residences
Stage
Entitlement
Units
230
Strategy
Ground-up
Zoning path
Rezone
Estimated total development cost
$63,500,000
Waiting on
Planning commission hearing
Gate due
Feb 2027
Gate owner
Counsel
Days in stage
64
Note
Rezone required: the long timeline template governs. Neighborhood meeting held, letters filed.
Working surface
None yet
Location
Southeast Minneapolis, Prospect Park (neighborhood centroid 44.973, -93.217)