The developers will start work this fall on the 344 market-raterental units that sit on blocks 5 and 6. NorthMarq Capital arrangeda joint venture between Prudential Real Estate Investors, NorthAmerican Partners and the Ryan Cos. of Minneapolis. Doug Dolliffand Bill Jackson--of NorthMarq Capital's Minneapolis and Dallasoffices respectively--also arranged the construction loan withGuaranty Bank.

Also part of the Upper Landing development:

• Block 1, the closest to Downtown, is under design and consistsof high-rise, owner-occupied housing totaling 80 to 100 units.
• David Bernard/Rottlund is building for-sale units ranging from$900,000 to $1 million on Block 3. When that is completed, workwill start on Block 2. Centex Homes is building townhomes on Block4, and some residents moved in last fall.
• On Block 7, the one farthest west from Downtown, Shelter Corp.will start renting its 90 units of affordable housing targetedtoward lower-wage Downtown workers.
• A small park at the west end of the project is on the SamMorgan Trail along the Mississippi River. The park is owned by theUpper Landing Association but is open for public use.