Developer looks to build more apartments near Concordia in Moorhead
MOORHEAD — The developer who built the Red Door Townhomes between Concordia College and Minnesota State University Moorhead is moving ahead with expanding the property while also applying for a $52,800 tax break from the city to construct another apartment building along Eighth Street South.
Mike Graham, CEO of T&M Graham Management, built Red Door, 808 7th Ave. S., in 2016, after demolishing two single-family homes in the historic neighborhood. Red Door consists of 12 units in two three-story buildings.
Graham's plans were to add another multi-family housing project to three parcels directly north of Red Door. The council approved a $250,000 tax break in 2017 for the addition, but Graham is changing the project now to a mixed-use building.
Graham intends to construct a 10-unit multi-family rental housing facility with 4,750 square feet of commercial space on the first floor of the building, according to city documents.
The Moorhead Economic Development Authority is expected to approve the change Tuesday, May 29, but the tax break amount will remain the same.
Also on Tuesday at the Moorhead City Council meeting, Graham will ask the governing board to approve a property tax exemption for a 33-unit building farther south on Eighth Street.
Graham plans to demolish existing buildings at 1601 8th St. S., 1610 7th St. S., and 703 16th Ave. S., for the complex west of Concordia College's athletic fields.
The Forum reported earlier this year that county property records show seven T&M properties, including Red Door, have multiple complaints for building code violations. The complaints range from weeds or tall grass to failure to remove snow and lack of maintenance.
Residents of the historic Comstock neighborhood have and continue to complain Red Door is an eyesore and not well maintained. The modern, red building stands out among the neighborhood's traditional single-family homes.
Architecture renderings show the planned mixed-use building near the current Red Door would also be modern in style, but without the red exterior.
For the project at 1601 8th St. S., design plans include standard wood-frame construction over precast concrete. The apartment building would also feature full-height, storefront glass on corner units, according to city documents.
If the tax break is approved, construction would begin in August and units would be ready for tenants next May.
Attempts to reach Graham on Friday, May 25, were unsuccessful.