Riverside Plaza (Minneapolis) - History

History

The imposing concrete structures use multi-colored panels (attempting to emulate Le Corbusier's Unité d'Habitation design), which strongly dates the period of construction. Interstate 94 and I-35W both pass nearby, giving good highway transportation options for occupants, but the corridors also act as barriers to pedestrians. Despite these drawbacks, the complex has been successful in maintaining a high occupancy rate, rarely dipping below 90% in the complex's nearly 40-year life.

The concept, publicly introduced in 1966, had originally been called Cedar Village. It came from a collaboration between the Segals and Heller, who controlled a majority of the property east of Cedar Avenue, and the B. W. and Leo Harris Company, investors west of Cedar. The city was also involved after the city council directed its planning commission to prepare a redevelopment plan for the area in 1965.

Gloria Segal recalled the sequence of events that led to Cedar-Riverside being the nation‟s first New Town-In Town: “In February of 1970 we proposed a first stage project to the Minneapolis Housing and Redevelopment Authority. Preliminary approval was given in April of 1970. That spring a number of people began urging us to consider a New Communities loan guarantee application. A preliminary application was submitted in June and accepted in August of 1970. Final application documents were then prepared and a letter of commitment for a $24,000,000 guarantee was received June 28, 1971.” The project was to include housing for a range of incomes: 117 public housing units, 552 units subsidized by the FHA 236 program, 408 units targeted at middle-income tenants, and 223 “semiluxury” units.

The complex was thus initially a mixed-housing initiative earmarked for both high-income and low-income residents, including renters and leasers. However, the buildings' new owners converted the structures into subsidized housing to benefit from a 10% state subsidy in addition to regular rental revenue. According to Rapson, who designed the towers and still lived and worked in the neighborhood, they also did not take proper care of the buildings, which led to nicknames such as the "Ghetto in the Sky" and the "Crack Stacks". A string of homicides in the early 1990s also contributed to a negative image.

According to local police, however, neighborhood crime has fallen over the years following the deployment of a few additional patrol officers. The Plaza has also evolved into a lively haven for new immigrant families, particularly from Vietnam and Northeast Africa. The apartment complex's nickname has thus changed to "Little Somalia", reflecting its modern makeup.

As of 2011, Riverside Plaza has over 4,500 tenants living in 1,303 units, split equally between market-rate and subsidized apartments. The average duration of occupancy is three to four years, a relatively quick turnover owing to the upward mobility of the newly-arrived tenants, who are using the apartments as a temporary housing solution while they get on their feet.

The complex was listed on the National Register of Historic Places on December 28, 2010. The statement of significance cites its importance as a well-preserved example of urban redevelopment spurred by the U.S. Department of Housing and Urban Development, and the first to receive Title VII funding. It is also locally significant as one of the most prominent examples of Ralph Rapson's work.