Agenda - Council - 06/28/2016 - Laserfiche WebLink

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ANOKA COUNTY HOUSING STUDY SENIOR HOUSING with a management company. Thus, the timing of this development remains uncertain. • We understand that Shamrock Development owns land in southeastern Coon Rapids near the RKL Land Holdings site. They too are contemplating developing senior housing on this site. No formal application has been submitted to the City and we understand that they have not secured financing or contracted with a management company. Thus the timing of this development, if built, is also uncertain. It is unlikely that both the Shamrock Development and RKL Land Holdings would be built at the same time. Fridley • Faulkner Development Group purchased a parcel of land at Old Central Avenue and Moore Lake Drive East from the Fridley HRA and received City approval to develop senior housing. The proposed senior housing community, White Pines, is planned to include both assisted living and memory care housing. The project will be developed in two phases, the first being a 40-unit building with 18 assisted living units and 22 memory care units. The second is planned as 19 units of memory care housing. Construction on the first phase recently commenced; estimated completion is January 2011. • The owner of the Columbia Arena on University Avenue and 71st Avenue in Fridley has been marketing the 12-acre site for redevelopment for several years. Senior housing has been the proposed redevelopment use and so far, several potential management firms/developers have explored the potential to partner in the development, but nothing has proceeded. Most recently, Ebenezer has been in discussions with the owner. No concept or project size has been determined and the timing of the proposed development is uncertain, if it moves forward at all. • Trident Development received approval in June 2010 for a senior housing development to be located on the intersection of Old Central Avenue and Mississippi Street. The project is planned as a 72-unit, three-story senior housing facility with eight congregate units, 50 assisted living units, and 14 memory care units. More specifically, the congregate and assisted living components will feature one- and two - bedroom units with 580 to 880 sq. ft. and the memory care component will be all studio units with 380 sq. ft. Ramsey • Edgewood Management Group, LLC and EMG Financial Inc. are exploring the potential to build a senior housing community, to be named Edgewood Vista, on a site in Ramsey. Several potential sites located in Ramsey Town Center are being explored at this point; no one site has been identified. The concept for the project is still uncertain, but is very preliminarily planned as a 65-unit development with 40 MAXFIELD RESEARCH INC. 69