Economic Development Report 2016
CITY OF NEW HOPE
ECONOMIC
DEVELOPMENT REPORT
12/5/2016 New Hope, Minnesota
The city of New Hope Economic Development Report highlights
redevelopment projects throughout the city from the previous year
and the tools that are in place to promote development activity.
The city’s Economic Development Authority promotes and facilitates
business development and housing redevelopment activities.
CITY OF NEW HOPE ECONOMIC DEVELOPMENT REPORT
Page 2
CITY OF NEW HOPE
O V E R V I E W & H I S T O R Y
LOCATION
The city of New Hope is a suburb located northwest
of Minneapolis with strong neighborhoods, an
abundance of parks and recreation opportunities,
excellent schools, with great shopping nearby. The
city has easy access to the entire Twin Cities area
with major arterials of Highway 169, Highway 100,
Interstate 694, and Interstate 394 all nearby.
POPULATION (2010)
20,339
YEAR FORMED
1953
AREA
5.1 square miles
JOBS
11,080
BUSINESSES
490
PARKS/ACREAGE
18/200
SCHOOL DISTRICT
ROBBINSDALE AREA/281
SCHOOLS
5
CITY FACILITIES
Ice Arena, Swimming Pool, Golf Course, Outdoor Theater, Fire Station
HISTORY
1900s: Farming-rich community, settled as part of Crystal Lake Township
1930s: Residents of Crystal Lake Township began movement to incorporate township
1936: City of Crystal formed, rural residents in western half broke away and formed township
known as New Hope
1936-1953: Housing developments led to farmers being a minority in New Hope
1953: Rapidly developing township of New Hope incorporated as a city to prevent losing
more of its land and residents to Crystal via annexation
1953: Population of 600
1958: Population of 2,500
1971: Population of 24,000
CITY OF NEW HOPE ECONOMIC DEVELOPMENT REPORT
Page 3
CITY OF NEW HOPE ECONOMIC
DEVELOPMENT REPORT
E X E C U T I V E S U MM A R Y
The city of New Hope’s Economic Development Authority (EDA) promotes and facilitates business
development activities. It considers proposals on a case-by-case basis and utilizes a broad-base of
public financing options. Membership of the EDA is identical to that of the New Hope City Council. Council
members are appointed to the commission for terms concurrent with the City Council terms and the mayor
acts as president of the authority. The City Manager serves as the Executive Director. The city utilizes
various resources to help businesses grow and reach their goals.
Businesses & Assistance Programs
Local commercial and industrial businesses are extremely important to the city. The City Council has
undertaken programs and initiatives to address both commercial and industrial properties. These
programs focus on:
Retaining existing businesses.
Assisting with expansions.
Attracting new businesses to vacant available buildings.
Attracting new construction to a limited number of available vacant sites.
Improving communication with businesses and responding more effectively to business concerns
and inquiries.
Business Subsidy Program
The city’s Business Subsidy Program addresses policies related to the use of Tax Increment Financing, Tax
Abatement, and other business assistance programs for private development. It serves as a guide in
reviewing applications requesting business assistance. All projects must meet mandatory minimum
approval criteria and the level of assistance is evaluated on a case-by-case basis. Assistance can cover
project costs as allowed for under Minnesota Statutes. The EDA considers using a business assistance tool
to assist private developments in circumstances in which the proposed private project meets one of the
following uses:
To meet the following housing related uses:
o To provide a diversity of housing not currently provided by the private market.
o To provide a variety of housing ownership alternatives and housing choices.
o To promote affordable housing for low or moderate income individuals.
o To promote neighborhood stabilization and revitalization by the removal of blight and the
upgrading in existing housing stock in residential areas.
CITY OF NEW HOPE ECONOMIC DEVELOPMENT REPORT
Page 4
To remove blight and encourage redevelopment in the commercial and industrial areas of the city
in order to encourage high levels of property maintenance and private reinvestment in those
areas; including façade improvement.
To increase the tax base of the city in order to ensure the long-term ability of the city to provide
adequate services for its residents while lessening the reliance on residential property tax.
To retain local jobs, increase the local job base, and provide diversity in that job base.
To increase the local business and industrial market potential of the city of New Hope.
To encourage additional unsubsidized private development in the area, either directly, or through
secondary "spinoff" development.
To offset increased costs of redevelopment, over and above the costs that a developer would
incur in normal development.
To accelerate the development process and to achieve development on sites which would not be
developed without this assistance.
Loan Programs
The city has partnered with the Lending Center at the Center for Energy and Environment (CEE) to offer a
convenient one-stop service that provides commercial and non-profit property owners in New Hope
access to a comprehensive array of financing and rehabilitation services. The Commercial Energy
Efficiency Loan Program provides financing to New Hope businesses making cost-effective energy
efficiency improvements. Nonprofit organizations that are interested in reducing their energy costs are
eligible to apply for funds through the CEE to help finance energy-efficient projects implemented in
properties owned and/or occupied by nonprofit entities.
Outstanding Business Award Program
The city’s Outstanding Business Award Program was initiated in 2006 to recognize the city's businesses'
contributions to the local community. The purpose of the award program is to recognize businesses for
noteworthy accomplishments such as expanding or improving a building or property, creating new jobs
for New Hope residents, reaching a milestone year in business, or providing outstanding community
service. Nominations are accepted quarterly for the award.
Business Networking Group
The New Hope Business Networking Group was started by New Hope business owners in 2010 to create
an open forum for networking within the city. The group is open and free to all New Hope business
owners. The Business Networking Group meets regularly at one of the participating businesses. The city is
also a long-time member of the TwinWest Chamber of Commerce.
Open to Business
The city has partnered with Hennepin County and Open to Business, a company that provides free
business advice and also provides gap financing. Open to Business is a partnership between Golden
Valley and New Hope and the Metropolitan Consortium of Community Developers (MCCD), an
association of nonprofit community development organizations serving the Twin Cities. With the help of a
matching grant from Hennepin County, the two cities work with MCCD to provide business consultation
services and financial advice to small local business owners and aspiring business owners. MCCD staff
CITY OF NEW HOPE ECONOMIC DEVELOPMENT REPORT
Page 5
hold open office hours each month at New Hope City Hall. The program offers help in several areas,
including:
Business plan assistance.
Financial management.
Bookkeeping set‐up and training.
Loan packaging.
Real estate analysis.
Marketing assistance.
Strategic planning.
Professional referrals.
Employment
There are approximately 490 commercial/industrial/service businesses in the city, 46 of which opened in
2015. Employers in New Hope account for approximately 10,360 jobs, with the major employers listed
as follows.
Major Employers Products/Services Employees Employees
Independent School District No. 281 Education 1,900
Intermediate District 287 Education 868
Minnesota Masonic Home/North Ridge Care Center Skilled nursing care facility 695
St. Therese Home of New Hope Skilled nursing care facility 689
Hy-Vee Grocery & convenience store 627
Perrigo Company Pharmaceutical & medicine manufacturing 333
Coborn’s Delivers Direct selling establishments 240
Liberty Diversified International Stationery supplies 200
Dakota Growers Pasta Company Macaroni & spaghetti 150
Waymouth Farms, Inc. Salted & roasted nuts & seeds 150
Planning & Development
The city continues to see sustained growth and development as major redevelopment projects come to
fruition. Overall development activity has increased annually since 2012 and the city anticipates that
growth will continue over the next several years.
CITY OF NEW HOPE ECONOMIC DEVELOPMENT REPORT
Page 6
Development Activity
From 2012-2015, $96,661,123 of reinvestment was approved in the city through construction permits.
The city is striving to increase momentum to continually increase the tax base, while regularly providing
the highest level of services delivered to residents, businesses, and property owners of the city. The city
has set a goal of increasing the total valuation of work for permits from 2013-2015 by 10% for 2016-
2018.
2012 2013 2014 2015
Permits issued 2,167 2,212 2,141 2,169
Fees collected $300,967 $356,242 $485,371 $512,461
Valuation of work $12,813,093 $17,069,459 $32,802,509 $33,976,062
The following planning and development activities occurred in the last year:
New Hope Hy-Vee (Completed)
Hy-Vee, Inc. negotiated with the city for the purchase of the former Kmart Shopping Center at 8200
42nd Ave N. The city purchased and demolished the K-Mart that previously occupied the site in 2012,
clearing the way for redevelopment. In January of 2014, three concepts for redevelopment were
presented, with the City Council favoring the Hy-Vee proposal from Anderson Companies. Hy-Vee was
granted a rezoning of the property and a preliminary and final plat for the construction of a 90,000-
square foot grocery store, which features a full-service restaurant, a pharmacy, a liquor store, a North
Memorial express clinic, a Starbucks, and a US Postal Service sub-station. The estimated $12 million
project includes a gas station with a convenience store. Construction is complete and the store opened in
September of 2015. The project brought more than 600 jobs into the city.
The city created a Redevelopment Tax Increment Financing (TIF) District in conjunction with the Hy-Vee
project that authorized the expenditures for land/building acquisition, site improvements and
$0
$5,000,000
$10,000,000
$15,000,000
$20,000,000
$25,000,000
$30,000,000
$35,000,000
$40,000,000
2012 2013 2014 2015
Valuation of Work in New Hope
CITY OF NEW HOPE ECONOMIC DEVELOPMENT REPORT
Page 7
preparation, utilities, administrative costs and other qualifying improvements. In 2012, the city purchased
the former K-mart building for $4.625 million. After demolition, site preparation and soil remediation, the
city had expended over $5 million in costs preparing the land for redevelopment. In 2014, the city sold
the property to Hy-Vee for $3.725 million. The TIF District allows for the city to recoup the land write-
down costs and administrative fees associated with the redevelopment of the property.
North Memorial Clinic (Completed)
North Memorial New Hope is a new 14,740-square foot state-of-the-art primary care medical clinic. It
provides preventative services, acute care, chronic disability management, and specialty services
including rheumatology, dermatology and podiatry. The clinic moved its staff of 29 employees from an
existing location in Plymouth when it opened in February 2016. The clinic was developed in partnership
with The Davis Group and focuses on creating the best possible experience for patients. This includes
include rapid check-in capabilities and the latest technology to guide patients through their visit. The
building satisfies “Phase 2” requirements for development of the land, as outlined by a Development
Agreement between Hy-Vee and the city of New Hope. The landscaping and lighting plans are consistent
with the Hy-Vee Planned Unit Development master development plan.
Xylon Avenue Streetscape (Completed)
In conjunction with the Hy-Vee Grocery Store redevelopment, the city coordinated the process of
revitalizing the appearance of Xylon Avenue. The approximate $5 million of improvements include all
new sewer, water, gas and electric utilities, the burial of overhead utility lines, and a new emphasis on
the entryway into the City Center District. Streetscape elements include a new electronic reader board
sign, a welcoming gateway arch, banner columns, arbors, streetlights and trees.
Centra Homes/Parkview (Under Construction)
Centra Homes negotiated with the city to purchase the former Winnetka Learning Center property at
55th Ave N and Winnetka Ave N and was granted a Comprehensive Plan Amendment to re-guide the
area for one- and two-family residential. The city had purchased the 17-acre site in 2013, with a goal of
diversifying available housing stock in the city. Centra Homes received all necessary approvals, including
the rezoning of the property, and final plat subdivision of the land. The Parkview subdivision is a 60-unit
housing residential development that will consist of 29 traditional single-family homes and 31 detached
townhomes. The two-story, single-family homes will range from 2,585 to 3,990 square feet with a variety
of models and floor plans. Each model includes a two-car garage with a number of models offering an
option for a three-car garage. The detached townhomes will range from 1,974 to 2,128 square feet.
The project is currently under construction and expected to be completed by 2018.
The city created a Redevelopment Tax Increment Financing District (TIF) in conjunction with the Centra
Homes/Parkview project that authorized the expenditures for land/building acquisition, site
improvements and preparation, utilities, administrative costs and other qualifying improvements. In 2013,
the city purchased the former Winnetka Learning Center property from Independent School District 281
for $1.75 million. After demolition and site preparation, the city had expended over $2 million in costs
preparing the land for redevelopment. In 2014, the city sold the property to Centra Homes for
$777,000. The TIF District allows for the city to recoup the land write-down costs and administrative fees
associated with the redevelopment of the property.
CITY OF NEW HOPE ECONOMIC DEVELOPMENT REPORT
Page 8
Compass Pointe (Completed)
Compass Pointe is a four-story, 68-unit multi-family residential apartment building located at the
southwest corner of 62nd Ave N and West Broadway. Residents began moving into the building in August
of 2015. The facility is geared towards families with incomes at or below 60% of the area median
income. It is comprised of 1, 2, and 3-bedroom units renting for $733, $880, and $1,017 per month. The
city of New Hope purchased and demolished three four-plexes on the site in 1998. The Swift gas station
at 6113 West Broadway was acquired in 2012, ultimately leading to the construction of Compass Pointe.
The city created a Housing Tax Increment Financing District (TIF) in conjunction with the Compass Pointe
development that authorized the expenditures for the cost of land, site and public improvements, utilities,
and administrative costs. Total land assembly costs for the city to create a redevelopment parcel were
$590,000, including the price of the land, demolition costs and contamination clean-up costs. The city sold
the property to Ron Clark Construction in 2014 for $304,000. The TIF District allows for the city to recoup
the land write-down costs and administrative fees associated with the redevelopment of the property.
Gates of New Hope (Completed)
Gates of New Hope is a four-story, 32-unit apartment complex located at the northeast corner of
Medicine Lake Rd and Hillsboro Ave N. Residents began moving into the building in August 2015. It
includes 15 one-bedroom units, 14 two-bedroom units, 3 three-bedroom units, and a 34-stall garage on
a 1.6-acre lot.
Dunkin’ Donuts (Under Construction)
The abandoned gas station and car wash at 7820 42nd Ave N received approvals to be redeveloped
into a sandwich shop in June 2015. In early 2016, Dunkin’ Donuts expressed interest in the site.
Construction plans have been submitted and the city anticipates that Dunkin’ Donuts will open in early
2017.
Industrial Equities (Under Construction)
A 48,000-square foot speculative industrial building at 9449 Science Center Dr was approved by the
New Hope City Council in July 2015. Industrial Equities began construction on the building in May 2016.
The high-quality, single-story, multi-tenant building replaces a vacant and distressed industrial building
and will provide flexible space to meet the needs of many potential tenants. In 2016, the Economic
Development Authority created a Renewal and Renovation Tax Increment Financing (TIF) District for
Industrial Equities to provide up to $370,000 in assistance for demolition and abatement expenses.
Alatus Luxury Apartments (Proposed)
Alatus, LLC is proposing to construct a four-story, 183-unit luxury apartment building on the city-owned
site adjacent to New Hope’s golf course. The city completed a market feasibility study in the spring of
2015 to determine what type of redevelopment site was best suited for the site, and concluded that
luxury apartments were the most viable option. Land use approvals are now in place, and the city is
working with the developer to finalize details of the purchase and redevelopment agreement. The
developer anticipates beginning construction in the fall of 2016, with a spring of 2018 opening.
CITY OF NEW HOPE ECONOMIC DEVELOPMENT REPORT
Page 9
Housing
Loan Programs
The city has partnered with the Lending Center at the Center for Energy and Environment (CEE) to offer a
convenient one-stop service that provides residential property owners in New Hope access to a
comprehensive array of financing and rehabilitation services. The Home Improvement Loan Program
encourages and supports the preservation of existing housing by providing loans to improve the basic
livability and/or energy-efficiency of the borrower’s home. The Low Interest Loan Program, Unsecured
Loan Program, and Interest Subsidy Program provide loans and funds to homeowners to make
improvements to their properties. An Emergency Deferred Loan is also available for homeowners that
have emergency improvement needs but do not qualify for other home improvement loan or grant
programs.
2013 2014 2015
Loans/Subsidies/Leveraged Funds 3 7 4
Amount $13,090 $99,487.44 $40,693
Scattered Site Housing
Over the years, the city has acquired a number of properties as part of the Scattered Site Housing
Program. The primary focus of the program is to target distressed single-family properties throughout the
city, with the goal of improving residential neighborhoods. The program currently emphasizes acquiring
homes for demolition in order to provide vacant lots for the construction of new single-family homes. The
city uses its Economic Development Authority (EDA) to purchase the homes. The EDA uses its cash reserves
for the acquisition and demolition costs associated with each property. The EDA expects that a loss will be
incurred on each project, as the cost to acquire the distressed properties and prepare the sites for
redevelopment exceed the value of the new vacant lot. To cover this loss, the EDA uses Community
Development Block Grant funds that are provided by the Federal Government and administered locally
by Hennepin County. The following scattered site housing projects took place over the last year:
CITY OF NEW HOPE ECONOMIC DEVELOPMENT REPORT
Page 10
Address Previously Assessed Value Sale Price/New Value Percent Increase
5431 Virginia Ave N $121,000 $245,000 102%
6059 West Broadway $151,000 $226,000 50%
9115 62nd Ave N $65,000 $296,000 355%
9121 62nd Ave N $65,000 $271,000 316%
$0
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
5431 Virginia Ave N 6059 West Broadway 9115 62nd Ave N 9121 62nd Ave N
Scattered Site Housing Projects
Previously Assessed Value Sale Price/New Value
CITY OF NEW HOPE ECONOMIC DEVELOPMENT REPORT
Page 11
Property Values
2012 2013 2014 2015
Taxable market value $1,223,862,183 $1,235,267,314 $1,334,517,728 $1,430,939,117
Percent change -7.98% 0.93% 8.03% 7.23%
Household Value
2012 2013 2014 2015
Median household value $164,000 $168,000 $180,000 $188,500
$1,100,000,000
$1,150,000,000
$1,200,000,000
$1,250,000,000
$1,300,000,000
$1,350,000,000
$1,400,000,000
$1,450,000,000
2012 2013 2014 2015
Property Values
$150,000
$155,000
$160,000
$165,000
$170,000
$175,000
$180,000
$185,000
$190,000
$195,000
2012 2013 2014 2015
Median Household Value
CITY OF NEW HOPE ECONOMIC DEVELOPMENT REPORT
Page 12
COMPLETED &
ONGOING PROJECTS
CITY OF NEW HOPE ECONOMIC DEVELOPMENT REPORT
Page 13
New Hope Hy-Vee
New Hope Hy-Vee is a 90,000-square
foot grocery store that features a
full-service restaurant (Hy-Vee Market
Grille), a pharmacy, a liquor store, a
North Memorial express clinic, a
Starbucks, and a US Postal Service
sub-station. Other features include a
large deli, specialty cheeses, a bakery
with artisan breads, a cooking
demonstration area, and an 11,000-
square foot organic foods section.
Hy-Vee is an employee-owned grocery stored based out of Iowa that operates 230 stores in
eight Midwestern states.
The city purchased and demolished the K-Mart that previously occupied the site in 2012, clearing
the way for redevelopment. In January of 2014, three concepts for redevelopment were
presented, with the City Council favoring the Hy-Vee proposal from Anderson Companies.
ADDRESS OPENING DATE JOBS CREATED VALUATION OF WORK
8200 42ND AVE N SEPTEMBER 2015 612 $12,289,662
CITY OF NEW HOPE ECONOMIC DEVELOPMENT REPORT
Page 14
Hy-Vee Gas
Hy-Vee Gas and the accompanying
convenience store opened on August
25, 2015. In addition to the standard
selection of convenience store
products, Hy-Vee Gas offers
private-label Hy-Vee grocery items,
including prepared foods. The gas
station offers 24-hour fueling and
features the Hy-Vee Fuel Saver +
Perks program, which allows
shoppers to earn discounts on gas when purchasing designated products. Hy-Vee’s Fuel Saver +
Perks card is also accepted at Shell Stations, Casey’s, and PDQ.
ADDRESS OPENING DATE JOBS CREATED VALUATION OF WORK
8300 42ND AVE N AUGUST 2015 15 $934,552
CITY OF NEW HOPE ECONOMIC DEVELOPMENT REPORT
Page 15
North Memorial Clinic
North Memorial New Hope is a new
14,740-square foot state-of-the-art
clinic primary care medical clinic. It
provides preventative services, acute
care, chronic disability management,
and specialty services including
rheumatology, dermatology and
podiatry. The clinic moved its staff
from an existing location in Plymouth
when it opened in February 2016.
The clinic was developed in partnership with The Davis Group and focuses on creating the best
possible experience for patients. This includes include rapid check-in capabilities and the latest
technology to guide patients through their visit.
The building satisfies “Phase 2” requirements for development of the land, as outlined by a
Development Agreement between Hy-Vee and the city of New Hope. The landscaping and
lighting plans are consistent with the Hy-Vee Planned Unit Development master development
plan.
ADDRESS OPENING DATE JOBS CREATED VALUATION OF WORK
8100 42ND AVE N FEBRUARY 2016 29 (7 PHYSICIANS) $3,294,6700
CITY OF NEW HOPE ECONOMIC DEVELOPMENT REPORT
Page 16
Parkview
Parkview is a 60-unit housing
development under construction at
55th Ave N and Winnetka Ave N by
Centra Homes. The residential
development will be association-
maintained and consist of 29
traditional single-family homes and 31
detached townhomes. The two-story,
single-family homes will range from
2,585 to 3,990 square feet with a
variety of models and floor plans. Each model includes a two-car garage with a number of
models offering an option for a three-car garage. The detached townhomes will range from
1,974 to 2,128 square feet. The city of New Hope purchased the 17-acre site in 2013, with a
goal of diversifying available housing stock in the city.
ADDRESS SALE PRICE or LIST PRICE
5500 VIRGINIA AVE N $392,965 (LIST)
8048 55TH LN N $428,275 (SOLD)
5501 UTAH AVE N $293,753 (LIST)
5516 VIRGINIA AVE N $359,755 (SOLD)
CITY OF NEW HOPE ECONOMIC DEVELOPMENT REPORT
Page 17
Compass Pointe
Compass Pointe is a four-story, 68-
unit multi-family residential apartment
building at the southwest corner of
62nd Ave N and West Broadway.
Residents began moving into the
building in August 2015. The facility is
geared towards families with incomes
at or below 60% of the area median
income. It is comprised of 1, 2, and 3-
bedroom units renting for $733, $880,
and $1,017 per month. The city of
New Hope purchased and demolished three four-plexes on the site in 1998. The Swift gas station
at 6113 West Broadway was acquired in 2012, ultimately leading to the construction of
Compass Pointe.
ADDRESS OPENING DATE UNITS VALUATION OF WORK
6113 WEST BROADWAY AUGUST 2015 68 $8,970,445
CITY OF NEW HOPE ECONOMIC DEVELOPMENT REPORT
Page 18
Gates of New Hope
Residents began moving into the
Gates of New Hope apartment
complex in August 2015. The four-
story, 32-unit building is located at
the northeast corner of Medicine
Lake Rd and Hillsboro Ave N. It
includes 15 one-bedroom units, 14
two-bedroom units, 3 three-bedroom
units, and a 34-stall garage on a 1.6
acre lot. There are three storm water
ponds to handle runoff from the site.
ADDRESS OPENING DATE UNITS VALUATION OF WORK
9390 27TH AVE N AUGUST 2015 32 $3,530,203
CITY OF NEW HOPE ECONOMIC DEVELOPMENT REPORT
Page 19
Industrial Equities
A 48,000-square foot speculative industrial
building at 9449 Science Center Dr was
approved by the New Hope City Council in
July 2015. Demolition took place in early
2016, and the building is currently under
construction. The building is being
constructed by Industrial Equities and will
mimic the previously constructed building
shown to the right and below.
The high-quality, single-story, multi-tenant
building replaces a vacant and distressed industrial building and will provide flexible space to
meet the needs of many potential tenants. A Tax Increment Financing (TIF) District was created to
provide up to $370,000 in assistance for demolition and abatement expenses.
ADDRESS OPENING DATE VALUATION OF WORK
9449 SCIENCE CENTER DR FALL 2016 (PROJECTED) $3,294,6700
CITY OF NEW HOPE ECONOMIC DEVELOPMENT REPORT
Page 20
Scattered Site Housing
Over the years, the city has acquired a number of properties as part of the Scattered Site
Housing Program. The primary focus of the program is to target distressed single-family
properties throughout the city, with the goal of improving residentia l neighborhoods. The
program currently emphasizes acquiring homes for demolition in order to provide vacant lots for
the construction of new single-family homes.
The city uses its Economic Development Authority (EDA) to purchase the homes. The EDA uses it s
cash reserves for the acquisition and demolition costs associated with each property. The EDA
expects that a loss will be incurred on each project, as the cost to acquire the distressed
properties and prepare the sites for redevelopment exceed the value of the new vacant lot. To
cover this loss, the EDA uses Community Development Block Grant funds that are provided by the
Federal Government and administered locally by Hennepin County.
*The property pictured above is 5431 Virginia Ave N.
ADDRESS PREVIOUS
ASSESSED VALUE
SALE PRICE/NEW VALUE % INCREASE
5431 VIRGINIA AVE N $121,000 $245,000 102%
6059 WEST
BROADWAY
$151,000 $226,000 50%
9115 62ND AVE N $65,000 $296,000 355%
9121 62ND AVE N $65,000 $271,000 316%
TOTAL $402,000 $1,038,000 158%
Before After