Balsam on Broadway opens 128 affordable housing units

Balsam on Broadway has opened in St. Paul's Lowertown, offering 128 affordable housing units. The six-story building, developed by Broadway Street Development, features a range of rents from 30% to 80% of area median income, catering to diverse residents. The building includes various unit types, from studios to three-bedroom apartments, with amenities like a fitness center and children's play area. Local artists contributed to the building's design, enhancing its community feel. While initial leasing was strong, filling the higher-priced units has become challenging as interest in luxury housing has slowed. Other housing developments are also underway in downtown St. Paul, aiming to revitalize the area.