There’s no more meaningful investment in a neighborhood than making your home there. The Phillips Partnership has funded, organized or helped support $35 million in improvements to the neighborhood’s housing stock and streetscapes.

Midtown Exchange (2004–2006)

For decades the Sears center at Chicago and Lake supplied household goods to the Minneapolis region. Now, the site's redevelopment into the Midtown Exchange relies on housing to support its mix of uses. In 2006, the Midtown Exchange began offering approximately 360 units of new housing geared toward a range of incomes from market rate to 50-percent area median income (AMI). These include rental apartments and for-sale condominiums within the original 1928 former Sears building, as well as for-sale townhomes and condos in the Midtown Exchange Condos, a new building immediately adjacent to the historic tower.   Developed by Project for Pride in Living, the award-winning Midtown Exchange Condos offer a high-quality, secure, and amenity-filled housing option in the Midtown Phillips neighborhood.  For more information on the project, including available units, click here

Joseph Selvaggio Initiative (1998–2001)
A $6.8 million investment that stabilized a section of West Phillips through home-improvement grants, multi-unit housing rehabilitations and streetscape improvements. Housing values have led the metro area three years in a row. Led by Allina Health System.

East Phillips Infill Campaign (1999–)
More than $1 million invested in 20 new single-family homes built on vacant lots in East Phillips. Led by the Fannie Mae Foundation.

Portland Place (1997–1999)
A $12 million project to build 52 new owner-occupied homes. Led by Honeywell.

Phillips Park Initiative (1997–1998; 2003–)
To date $15 million has been invested to create 29 new home-ownership opportunities in townhouses, condominiums and carriage houses, and to improve adjacent properties. Twenty-four new rental units are now underway as part of Phase II, with additional new owner-occupied units planned. Led by Phillips Eye Institute and Lutheran Social Services.

 

Foreclosure Prevention Services in Phillips