Developer Proposes New Apartment Complex in Minnetonka

In Blog, Community News, Real Estate on November 11, 2016 by Community Expert Team
Developer Proposes New Apartment Complex in Minnetonka

Minnetonka could be home to a massive new apartment complex.

According to the Star Tribune, LeCesse Development Corporation presented plans for a new 322-unit apartment complex to the Minnetonka City Council earlier this month.

The complex would replace a pair of industrial buildings along Bren Road, the report said.

At five stories, the developer told the council the complex would cater to young professionals and millennials with rents that would average $1.75 per square foot, the report said.

Read more here.

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This local update courtesy of your Minnetonka Community Expert.

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