Final Plans for Affordable Housing Project in Minnetonka Proposed

In Blog, Community News, Real Estate on August 11, 2017 by Community Expert Team
Final Plans for Affordable Housing Project in Minnetonka Proposed

Final plans for a new affordable housing complex have been submitted to the city of Minnetonka.

According to the Sun Sailor, Ron Clark Construction & Design on July 24 submitted a formal application with the city of Minnetonka for the affordable housing complex, Shady Oak Crossing, which would be located at 4312 Shady Oak Rd. The apartment complex would include a mix of one-, two- and three-bedroom units, and rental rates would be approximately $800 to $1,200 per month..

Much of the site for the development is city-owned property that would need to be re-zoned from its current classification of B-2, limited business district, according to the article.

The planning commission is expected make a recommendation on the project to the city council Aug. 24, and the city council is expected make a final decision on the project at the Sept. 25 meeting.

Read more here.

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This local update courtesy of your Minnetonka Community Expert.

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