Finance & Commerce: Doran digs in on luxury rentals in Hopkins

Doran Cos. is digging in on a 241-unit luxury apartment project in Hopkins near a planned Southwest light rail transit stop, kicking off the city’s plan for a revitalized art- and amenity-filled station area.

The Moline, at 810 First St. S., will be a six-story building with one-, two- and three-bedroom units and a long list of public and private amenities.

Positioned at the northwest corner of Eighth Avenue South and Excelsior Boulevard, the site is kitty-corner to the planned Downtown Hopkins LRT station on Excelsior Boulevard.

“It’s really the first thing you’re going to see when you get off the train at the Downtown Hopkins Station,” said Kersten Elverum, director of economic development and planning for the city. “Redevelopment on that site that creates a front door to our downtown … was really underlined in our goals.”