New Age-In-Place Senior Living Community Proposed for St. Cloud, Minnesota
Ryan Companies US, Inc. and Great Lakes Management announce today the development of a new age-in-place senior living community in St. Cloud, MN.
Ryan Companies will develop, design and build the project which includes 138 units of independent living, assisted living and memory care. Project amenities will include; multiple dining venues, bistro, club room, library, activities room, salon, a wellness area with fitness and medical consultation rooms, and a large gathering space for performances and community events. Individual units will be well appointed and include stainless appliances and granite countertops.
The newly proposed senior living community was passed by the St. Cloud city council on July 9th. While the project is yet to be named, it will be located near the Crossroads Center at the intersection of highway 15 and 3rd street north in St. Cloud.
“We’re very excited to be in St. Cloud,” said Lucas Larson, Senior Living Development Manager with Ryan Companies. “We think the location and design of the building will be best-in-class, but most importantly we feel our partner, Great Lakes Management, will deliver exceptional care to residents of the community.”
Great Lakes Management will be the operator of the property once the project is complete in early 2020. Great Lakes Management has been operating multifamily projects for over 30 years and currently manages nearly 4,000 units; 1,800 are senior housing.
“Our mission is to provide outstanding care in a welcoming community that residents are excited to call home.” said Adam Pagh, VP of Business Development for Great Lakes Management. “We believe that this project presents a unique opportunity to serve the needs of senior residents and their families in the St. Cloud area.” Ryan Companies has developed nearly $700 million of senior housing across the United States in the past 6 years. This will be the first new project in Minnesota since, 2015. Ryan is projecting to develop 12 new senior living communities per year across the country