RiverPlace is a Beautiful Place to Live
Join a great place, it is beautiful and close to everything important in La Crosse.
RiverPlace, located just steps away from the Mississippi River, is an exceptional community in LaCrosse, Wisconsin. Many thanks to this resident for their kind words.
Celebrating Memorial Day
Today we’re remembering the men and women of our country who have fought and fallen. We’re so very thankful for your service!
We’d like to extend a special welcome home to the Minnesota Red Bulls. And as a small token of our appreciation, we’d like to offer $150 off of your deposit to your apartment home or townhome at one of our communities. To visit a StuartCo community, connect to our website via www.stuartco.com.
StuartCo to Develop Southdale Apartments
Bloomington-based StuartCo, which has an agreement with Southdale Center owner Simon Property Group, is pitching 232 market-rate apartments at the northwest corner of York Avenue South and 69th Street West. (Photo: Scott Theisen)
Bloomington-based StuartCo has stepped in as the developer for a proposed market-rate apartment project on an underused piece of land at Southdale Center in Edina.
Conceptual plans for three buildings were presented Wednesday evening to the Edina Planning Commission.
The Indianapolis-based Simon Property Group Inc. owns the Southdale mall and the land where the project would be developed.
“We feel that this site deserves an upper end, Class A project,” Ryan Dunlay, vice president of development and acquisitions for StuartCo, told Finance & Commerce on Thursday. “The demand is there, and we’re going to do something that the site deserves.”
Dunlay called Southdale a “landmark” and said the apartment project would benefit from the amenities in the area, a strong retail corridor including the Galleria, a SuperTarget and other shopping centers.
Previously, an Indianapolis-based developer, Flaherty & Collins Properties, was exploring the project but is no longer involved.
The proposal outlines three buildings of varying heights with a total of 232 units and underground parking on a 5.1-acre site currently used as an overflow parking lot. One building would have 10 floors, another would have six and the third, three.
StuartCo has tapped Minneapolis-based BKV Group as the architect. The project does not yet have a formal name.
The complex would be developed at the southeast corner of the Southdale site, at York Avenue South and 69th Street West.
No vote was taken on the plan on Wednesday. In Edina, the initial “sketch plan review” process offers developers a chance to get early feedback on a project before submitting formal plans.
“There was a lot of discussion about the site plan,” said Cary Teague, planning director for the city of Edina. “I didn’t hear any concern over height or density. I think in general it was well-received. They described it last night as very upscale.”
A representative of the Simon Property Group could not be reached for comment on Thursday.
“I guess you could call it a joint venture with Simon,” Dunlay said of the deal structure. “We’re excited about this project and the partnership.”
Dunlay hopes to break ground on the project in spring 2013.
Southdale Center in Edina, built in 1956, remains an iconic local property. Owner Simon Property Group is renovating the mall. (Submitted photo: CoStar)
Finance & Commerce is tracking more than 13,500 apartment units that are under construction, proposed or completed across the metro area. While many of those projects are in core areas such as downtown Minneapolis, StuartCo has found opportunity at suburban sites.
StuartCo is developing the 234-unit Genesee project in Bloomington, set for completion in mid-September, and the 124-unit View at Long Lake in New Brighton, set to open in mid-June.
Dunlay said that StuartCo finds “less competition” in the suburbs and added that most suburban markets have not had any new apartments built in recent years.
Minneapolis-based Marquette Advisors reported apartment vacancy in Edina at 2 percent at the end of March, lower than the overall Twin Cities vacancy rate of 2.8 percent. Marquette Advisors reported vacancy rates of 1.9 percent in Bloomington and 2.7 percent in New Brighton at the end of the first quarter.
The Simon Property Group is renovating Southdale Center. In April, the Edina City Council voted 4-1 to provide Simon, which bills itself as the “largest real estate company in the world,” a$5.1 million interest-free loan toward the project. The renovations are set to be complete in November.
On Thursday, Simon announced five new tenants that plan to open stores in the mall: Lucky Jeans, Madewell, Sephora, Soma Intimates and White House/Black Market.
Finance & Commerce reported in February that Edina-based Lund Food Holdings Inc. has a proposal to redevelop its Byerly’s grocery store site at 7171 France Ave. S., a few blocks south of Southdale. The plan calls for a new store, additional retail and 163 market-rate apartments on the property.
“I just talked to them a couple of days ago, and they are working through the plan,” Teague said of Lund Food Holdings.
Dunlay said that while numerous metro sites are being shopped for potential apartment developments, StuartCo is remaining selective.
“We’re still seeing a lot of sites … we’re being very particular on what appeals to us,” Dunlay said.
StuartCo is also developing Genesee Apartments and Townhomes in Bloomington, and The View at Long Lake in New Brighton.
Source: http://finance-commerce.com/2012/05/stuartco-to-develop-southdale-apartments/
StarTribune Business Section Features Our Own Stuart Nolan
Today’s edition of the Minneapolis StarTribune Business section featured an interview with Stuart Nolan.
He mentions one of the key ingredients to his success; developing with the intent to own long term. StuartCo manages properties that he built over 40 years ago, and each of those has a handful of original residents.
Click on this link to read the rest of the interview and learn more about our newest developments in New Brighton and Bloomington.
Ask the Expert- What is Long Term Care?
According to the NIH (National Institutes of Health), nearly 70% of people over age 65 will need some type of long-term care in their lifetime.
Long-Term Care refers to the services required for an individual’s personal or heath care needs. Long-Term Care can be provided in a home setting, community setting or housing setting (i.e. assisted living or nursing home).
Most Long-Term Care in this country is provided in the home setting by family or volunteer caregivers in the form of personal care. Personal care usually refers to assistance with “Activities of Daily Living,” including eating, bathing, grooming, using the toilet, dressing and mobility.
Home-based care can consist of family or volunteer caregivers, paid caregivers, home health care, companion services and homemaking/housekeeping care. Home Health care can be ordered by a physician following an illness or hospitalization, which provides a Medicare covered episode of care for up to 60 days. Emergency Call Systems can be a useful safety net in the home, consisting of a call button device that can alert family or emergency personnel in case of fall or emergency.
Community-based care refers to resources such as adult day programs, drop in senior centers, transportation services (Metro Mobility) and meal programs (Meals On Wheels).
Facility-based care refers to care provided in a group home, residential care facility, assisted living or nursing home. Levels of care vary widely among the residential care and assisted living communities, from independent living with a daily safety check and a hot meal to enhanced care suites with full assistance for all Activities of Daily Living. Most assisted living communities offer care packages in stepwise fashion that can be tailored as a person’s needs change. Home Health Care services for wound care, catheter care or physical therapy are available in an assisted living just as in the home setting.
Many assisted living communities now have the availability of on-site medical care in the form of routine visits by Physician/Physician Assistant/Nurse Practitioner teams, providing clinic style care in the comfort of the resident’s assisted living apartment.
Nursing homes provide the most medically focused care for those with high-level needs.
The range of options in long-term care can be overwhelming. Help is available through the Senior LinkAge Line (1-800-333-2433) sponsored by the Minnesota Board on Aging (www.mnaging.org). The Senior LinkAge Line is a free information and assistance service to help connect you with local services. References: www.eldercare.gov, nihseniorhealth.gov, www.mnaging.org
Dr. Matt Logan, M.D. – Bluestone Physician Services – www.bluestonemd.com
For more information about The Wellington, please visit our website or give us a call at 651-699-2664.
For more information about The Alton, please visit our website or give us a call at 651-699-2480.
Service-Oriented Approach at Riverview at Upper Landing
The following is an email message sent to property manager Angela Laskowski by a grateful resident:
Angela,
I just wanted to take a moment to recognize some of the outstanding work that I see here from the Riverview team. Everybody is invariably very friendly and goes out of their way to help no matter what the question or issue might be.
This service-oriented approach really came to light last Sunday when I called the office after noticing that my kitchen sink was filling up with water from above. I bailed the sink out a few times and tried to plunge it myself, but realized that the problem was not going to go away. I knew that if somebody upstairs ran their dishwasher, I was going to have a kitchen full of water and a potentially ruined carpet.
I called Christina at the office and she immediately put me in touch with Fred. Even though it was Easter Sunday and Fred was with his family, he called me within minutes. After discussing the issue Fred came onto the property and personally talked to my upstairs neighbors and gained their cooperation to not run the dishwashers or use their kitchen sinks for the night. He checked with me and told me that he would take care of the problem the next morning with a plumber.
When I returned from work the next day everything was back to normal and the kitchen was clean as a whistle. I really appreciate not only the service but also the professional capability to resolve potentially serious issues in a rapid manner. Please let the team know that I appreciate their ongoing support and look forward to good years to come here at Riverview.
—(resident’s name removed for privacy)
Many thanks to the Riverview team for your super-fast and appropriate response!
A Good Place to Live
A quiet buildilng with nice neighbors.
Sending our thanks to this Gold Crest resident for their nice comment!
New Residents and More at our Senior Campus!
This Spring we’re celebrating everything new at our Senior Campus!
Many remodeling projects taking place, new team members, and new residents too.
The Wellington has now expanded to senior living, including independent living, assisted living, and extended care services. Our new sign, new café seating in the lobby, and remodeled aquarium have been welcome additions by our residents who enjoy playing cards, socializing in the lobby, and greeting newcomers. The fireside room and library also received an update with new furniture and paint. The grounds will be updated with additional landscaping this summer as well.
The team at The Wellington has received accolades from residents, owners, and referrals from the medical community. Due to their dedicated level of service and care, the new Care Suites are nearly full, as are our standard living suites and assisted living suites.
Pictured below is the beautifully remodeled lobby.
Many new updates are happening around The Alton as well! The Alton welcomed Mike Lorenz to the team a few shorts months ago, Mike and his dedicated team have developed an extended mission statement to our already award-winning care.
Success for the Memory Impaired in a Loving Environment
We believe…
We provide a home for individuals with dementia/memory impairment that focuses on relationships rather than tasks.
The relationships we encourage consist of our residents, their families and our staff.
We all work together as a team to create a community that promotes growth and development that nurtures the human spirit, therefore each resident can be at the highest level of functioning possible.
We strive to focus on our residents strengths and not their disabilities.
We are all individually responsible to create a sense of “Fun” by being flexible and creative
And an occupancy note, 19 of the 25 homes on our newly added 3rd floor are also full. Kudos to the entire team, we appreciate your dedication!
It’s “Like Home” at Stonehill Apartments
We agree! Thanks to this resident for sharing their thoughts about Stonehill Apartments, located in a beautiful Plymouth neighborhood.
An Exceptional Team at Rockwood Place!
I would like to nominate assistant manager Shavon McKinney, maintenance technician Evan Phillips and caretaker Robert Williams for Employee(s) of the month. What I have seen from this team in my first few days is truly breathtaking! Shavon drops whatever she is doing to listen to a resident’s issues or praise, and she has had a long list of “extra” job duties she has been doing for a long time, too. Evan and Robert not only perform their assigned duties extremely well, but they also go above and beyond them on a consistent basis. They will carry residents’ groceries up to their apartments for them and deliver packages if necessary, always with a smile and a great attitude! I am very excited to work with this great team and look forward to this new adventure.
—Lisa Komarek, property manager of Rockwood Place
It’s that Personal Touch in delivering groceries to a resident’s door that makes a huge impact. We’re so appreciative for all that you do, Team at Rockwood Place!
