By Megan Hopps
SUN PRESS Newspapers
United Properties plans to develop a 70-unit, multi-story senior housing facility, to be called Applewood Pointe of Champlin, on the intersection of Dayton and Cartway Road.
The proposed project includes a variety of units that vary in price, size and amenities. The building is to be a cooperative housing facility.
A co-op is different than a condominium or apartment in the sense that co-op residents own the entire project jointly as compared with a condo, where individuals own a unit and share ownership of the common areas. In some co-ops, owners jointly hold a master mortgage. Co-ops are generally run by a board of directors, elected by the shareholders. Each co-op shareholder has one vote, regardless of unit size. Reselling co-op property allows the board and community the option to buy first and also helps find prospects, where a condo association has no control over or involvement in unit sales.
“Applewood Pointe provides a number of opportunities for seniors and also brings a variety of types of housing in this area,” said City Planner Scott Schulte.
Applewood Pointe meets many of the city’s land use requirements, however, it is taller than the city’s allowed height limit. The city’s height requirement states that all buildings remain under a 35 foot limit. United Properties development is proposed at 52 feet, which requires approval from the Minnesota DNR.
City staff has recommended that the developer provide wide sidewalks between Dayton Road and the entrance parking lot. It was also requested that natural screening is planted between the development and the river bank. Furthermore, the city requires the developer provide bank protection for stability and erosion control plans.
The developer plans to preserve most of the trees on the site. The plan includes 105 parking stalls, 35 surface stalls and 70 underground.
An additional fire hydrant will be installed to the west along with an irrigation system.
One of the concerns that was raised was how this project may affect traffic flow in the area.
The city recommends moving forward with the project so long as the developer submits plans to the city engineer and obtain necessary permits required from Hennepin County Transportation, the West Mississipi Watershed, the Minnesota DNR, MPCA and others. United Properties must also submit landscape, storm sewer, grading, lighting and utility plans to the city for approval. The city has also requested that the applicant submit plans to create public access to the Mississippi River.
Contact Megan Hopps at [email protected]