Duluth’s City Council just approved a major housing project called The Legacy — a 148-unit apartment complex near Lake Superior College — with a six-million-dollar tax subsidy to help cover construction costs. The deal, which forgives future tax revenue over 26 years, makes the project financially viable after pandemic delays and soaring costs. At least 30 units — 20% of the total — will be affordable for low-income residents, and its location next to campus is a huge win for students. Developer Titanium Partners, now partnering with local builder Pete Pavlovich, aims to break ground by September. The name “The Legacy” symbolizes students building futures there. One council member voted no, arguing the public didn’t have enough time to review documents, but her motion to delay failed. Despite some concerns, this public-private partnership could deliver much-needed housing — especially for students — to the community.
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This is an automated, high-level news summary based on public reporting.
Sources:
https://www.duluthnewstribune.com/news/local/duluth-oks-tax-subsidies-for-housing-project-near-lsc
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