The Oasis at Twin Lakes

1717 & 1743 County Road C West, Roseville, MN 55113

Centrally located along County Road C in Roseville Minnesota, The Oasis will deliver 228 high quality apartment homes affordable to families within the City of Roseville when complete in early 2022. The Oasis, along with its future sister senior property, will be developed alongside Launch Properties Twin Lakes Station commercial redevelopment and will bring an exciting mixed-use project to the Twin Lakes redevelopment area.

The Oasis will be financed by a Freddie Mac Forward Tax Exempt Loan serviced by Greystone, a tax-exempt construction loan and taxable equity bridge loan originated and serviced by America First Multifamily Investors (ATAX), an equity investment from RBC Community Investments in the 4% federal low income housing tax credits, and Tax Increment Financing from the City of Roseville’s Economic Development Authority. The site demolition and environmental contamination cleanup will be facilitated by a cleanup grant from the Minnesota Department of Employment and Economic Development (DEED), a Tax Base Revitalization Account (TBRA) loan from the Metropolitan Council, and an Environmental Response Fund (ERF) loan from the Ramsey County Housing and Redevelopment Authority. We would also like to thank Minnesota Housing Finance Agency (MHFA) for their determination of 4% Low Income Housing Tax Credits, and allocation of Tax Exempt Bonds issued by the City of Roseville.

Our development partners include the City of Roseville, Eagle Builders, Dominium Construction & Architectural Services, BKV Group, Winthrop & Weinstine, Commercial Partners Title, Colliers Securities, Loucks Engineering, Kimley Horn, Taft, Bridgewater Bank, and Braun Intertec. We would like to thank all of these partners for their assistance on this project, continued commitment to providing affordable housing and their ongoing partnership with Dominium.

The Oasis at Twin Lakes
1717 & 1743 County Road C West, Roseville, MN 55113 Directions