$60 Million Dollar Project for Southwest Station in Eden Prairie

By
Real Estate Agent with RE/MAX Results

A $60 million development planned near SouthWest Station has cleared another hurdle.

The Eden Prairie City Council approved the second reading for the project known as Elevate @ Southwest Station on Tuesday, Oct. 3.

The Elevate @ Southwest Station project calls for redeveloping the vacant Anchor Bank and former Ruby Tuesday and constructing a complex that includes 222 apartment units and 13,266 square feet of mixed retail space.

 

The apartments include 64 studio units; 96 one-bedroom units; 19 “one-plus dens,” 38 two-bedroom units and five two-story penthouses. Twenty percent of the units would be classified as “affordable,” which means housing programs can assist with rent if income is below a threshold.

Bloomington-based Timberland Partners will be the owner and property manager.

There will be 2 1/2 levels of underground parking and a total of 397 total parking spaces for underground and surface parking.

Scott Carlston and Timberland Partners are co-developers. Kaas Wilson Architects is the architect firm while Civil Site Group is the civil engineer, and Frana Companies is the general contractor. Project proponents have previously said if it got all of the needed city approvals this fall, plans called for construction to start in November with plans to occupy in the spring of 2019.

The project plans to provide several amenities for apartment residents including a rooftop lounge, spa, outdoor kitchen, fitness center with fitness on demand, a coffee bar, dog spa, a dog run and dedicated underground parking.

Article Contribution by: Patty Wexler, Southwest Publishing

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