Proposed senior housing facility moves forward
Eagan city officials have agreed to sell EDA-owned property in the Cedar Grove Redevelopment District for two new projects.
The Economic Development Authority unanimously agreed on July 1 to sell the former Minnesota Credit Union property at 3830 Highway 13 for $310,000 to Jensen’s Supper Club for a parking lot expansion.
“This really is a great demonstration of how redevelopment is supposed to work,” Mayor Mike Maguire said. “When we invest in redevelopment, it will stimulate existing businesses within and around it.”
Owners of the restaurant plan to expand the parking lot to the front of the building, remodel the interior and give the exterior a face lift. There are also plans to add a patio.
Co-owner Doron Jensen said he plans to complete the remodel next summer, just in time for the opening of Paragon Outlet Center the following fall.
The Jensen’s deal wasn’t the only purchase agreement approved Tuesday night.
The EDA also unanimously agreed to sell 4.8 acres to Stonebridge Communities for $1.5 million to build a four-story apartment and retail complex.
The developer submitted an offer to purchase the property at Cedar Grove Boulevard and Cedar Grove Parkway in early June, shortly after the outlet center broke ground nearby.
The proposed C-shaped structure would include 180 market-rate rental housing units with between 12,000 and 14,000 square feet of commercial space below a section of apartments.
The developer envisions high-end units that would include fireplaces, balconies, a pool, onsite laundry facilities and underground parking, and range in price from approximately $900 for a studio to approximately $2,200 for a three-bedroom apartment.
In addition to approving purchase agreements, city officials gave the green light to a proposed senior housing complex.
Preliminary plans to build a four-story senior living complex in Eagan received a green from city officials.
Southview Senior Communities plans to construct a 148-unit facility called Eagan Pointe Senior Living, on 10 acres at 4232 Blackhawk Road south of Diffley Road.
The facility would include assisted living, memory care and independent living units.
On July 1, the Eagan City Council unanimously approved a comprehensive guide plan amendment that changes the site’s designation from medium density residential to high density resident. The guide plan amendment was approved on June 26 by the Metropolitan Council.
The City Council also approved rezoning the site as planned development and passed a preliminary planned development and a preliminary subdivision.
Final plans will need to be approved by the council before construction can begin.