Its our second new ground-up apartment project within Eden Prairie and will provide a unique brand of luxury to it residents based on its finish levels, spacious units, and unparalleled amenity package. 25,026 Total Number of Households. View more property details, sales history and Zestimate data on Zillow. $965-$2,180 and This is a lifestyle of fresh grass and friendly neighbors, with all the room you need to host family and guests. MLS # 5658115 Paravel will combine modern luxury and convenience with active, comfortable living. JLL is grateful to be a part of this significant transaction, Talberg said. Were proud we were able to preserve four of the original homes and physically move them to new locations in Minnesota, she added. Factors that influenced these ratings include building design, construction, exterior spaces, and amenities. With over 240 bike trails in the community, residents can easily find a trail to take them where they wish to go in town. Riley Lake Park has a pavilion thats great for barbecuing and a lake for a summer swim. Save your current search and get the latest updates on new listings matching your search criteria! MLS # 6338093 10361 Englewood Dr , Eden Prairie, MN 55347-4627 is a single-family home listed for rent at /mo. Said Stanley: Its nice when those things come together.. Interstate 494 runs next to Eden Prairie, making traveling to outside neighborhoods convenient for residents. Welcome to Sundance. View more property details, sales history and Zestimate data on Zillow. Check with the applicable school district prior to making a decision based on these boundaries. Kitchen If youre looking for some family-friendly fun, Valleyfair Amusement Park is just outside of Eden Prairie. OPEN APR 2, 12PM TO 3PM. Regardless of which plan you choose, its sure to reflect your sense of style as you add your own personal touch. . 4 Baths. In Unit Washer & Dryer Units: 251Project Type: New developmentCompletion:2023. ft. home is a 4 bed, 3.0 bath property. Traffic signal out of service Monday night, Walz signs universal free school meals into law, Starkeys latest hearing technology system, Genesis AI, set to redefine the future of hearing aids, Eagles run comes to an end in state semifinals, EP invites residents to participate in Quality of Life Survey, EP Optimist Club recognizes student essay winners. Units with open floor plans, gas fireplace, step-out balconies, and full-sized washers/dryers. 55429, 1 Br Espaol |Hmoob | Oroomiffa | Ting Vit | | | | | unD | Deutsch | | Franais | | Tagalog It offers a boutique investment firm experience rooted in the values of integrity, transparency and honesty. Explore Our Amenities Residences Choose from premium alcoves, one-, two- and three-bedroom apartments or direct-entry, two-bedroom townhomes. There are 355 low-income apartments in Eden Prairie that offer reduced rents to eligible households. The Ellie was designed by DLR Group and is being constructed by Eagle Building Company. Contact or stop by the Flagstone leasing office to schedule a tour. Of 15,075 housing permits issued last year in the Twin Cities, according to Housing First Minnesota, 51% were for multi-family units. Campeillo Ristorante and Bar serves both lunch and dinner and has a large wine selection. Apartment rent in Eden Prairie has decreased by -5.7% in the past year. Flagstone is 14.5 miles and a 22 minutes from Fort Snelling Military Reservation. JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. Go beyond cost and risk mitigation. Demand more from your real estate. Purchasing the land was complex; it included the acquisition of seven off-market homes, as well as rezoning, relocating major utilities, right-of-way changes, and a tax increment financing (TIF) agreement, Peterson said. Refrigerator What starts as our creative vision becomes a reality through hard work, commitment, strategy and the support of our partners. Youll find a variety of bike paths and lanes. This welcoming suburb is a beautiful place to find your next apartment, with single-family homes, condos, and townhomes available for rent as well. Located at 8300 Commonwealth Dr., Paravel is a part of the Castle Ridge mixed-use development. Fitness Center For listings in Canada, the trademarks REALTOR, REALTORS, and the REALTOR logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. PHS is a registered501(c)(3) |EIN 41-0758756. Paravel will be 0.5 mile from the Eden Prairie Town Center Station and 0.7 mile from Southwest Station. This rental is accepting applications through Apartments.com. Current Eden Prairie apartment projects include: In addition, RE Equities has received the citys preliminary OK to pursue housing revenue bonds for multi-family projects on the northwest and northeast corners of the intersection of Valley View and Baker roads for a total of 315 apartment units described as currently very much speculative by Jonathan Stanley, the housing and community services manager for the City of Eden Prairie. Walk-In Closets, Dog & Cat Friendly New Construction For Sale $2,345,304 4 bed 3.5 bath 4,358 sqft 1.11 acre lot 10197 Eden Prairie Rd, Eden Prairie, MN 55347 Email agent Brokered by Terrace Realty Partners New. Ft. 7415 Glengarry Pl, Eden Prairie, MN 55344. Click here to view our Interactive Site Map. Flagstone is near MinneapolisSaint Paul International, located 12.8 miles or 21 minutes away. Eden Prairie Local News is a 501(c)(3) nonprofit organization EIN 85-4248265 | Copyright 2020-2023, Wave of apartment construction projects reaches Eden Prairie, Sign up for the FREE email newsletter from EPLN, Watershed district looking for citizen advisory committee applicants, Race Equity Report: Eden Prairie can improve diversity, inclusiveness, EP invites residents to participate in Quality of Life Survey, Walz signs universal free school meals into law, Starkeys latest hearing technology system, Genesis AI, set to redefine the future of hearing aids, Eagles run comes to an end in state semifinals, EP Optimist Club recognizes student essay winners. How Scale in a Marketplace Can Generate Higher Occupancy and Income, Value in a Refinance: Put Your Money to Work on a Tax-Deferred Basis as a Powerful Wealth Building Tool, The Compound Effect of a Rising Market and Strong Management, How Rent Optimization Software Drives Occupancy for Higher Returns. For Sale: 2 beds, 3 baths 1331 sq. Take a swim in our gorgeous pool, stroll through our dog and cat friendly community, or have a day out in nearby Minneapolis. Shoppers can find a wide variety of national retailers and eateries to complete a full day of shopping. MINNEAPOLIS, Oct. 21, 2021 - JLL Capital Markets announced today that it has arranged $85.1 million in joint venture equity and construction financing for the development of Paravel, a 246-unit best-in-market multi-housing community in the Minneapolis suburb of Eden Prairie, Minnesota. Some errands can be accomplished on foot, but for others youll need a car. See all 132 corporate housing rentals in the Eden Prairie, MN area. 12.0 mi, Minneapolis, Construction on The Ellie is anticipated to be complete by the spring of 2024. Dog & Cat Friendly The Paravel apartment complex is under construction and one of several multi-family housing projects ahead for Eden Prairie. If you would like to respond directly to this article, we welcome and encourage Letters To the Editor. You must save a search in order to receive alerts. MLS # 6342658 1404 sqft. Marshalls Farm Market sells its farm-raised produce and beef to the local community, which includes over 50 types of tomatoes and over 25 kinds of peppers. JLL is a Fortune 500 company with annual revenue of $16.6 billion in 2020, operations in over 80 countries and a global workforce of more than 92,000 as of June 30, 2021. CableReady, Dog & Cat Friendly Move into your first office, find a new one with room to grow, or develop a complete location strategy. Moving is tough for high school students! Now is the time to let go of the typical hassles and obligations of home maintenance and embrace a new, carefree kind of homeownership at Applewood Pointe of Eden Prairie. The JLL Capital Markets Investment and Debt Advisory teams that represented the borrower was led by Senior Directors Josh Talberg, Brock Yaffe, Dan Linnell and Mox Gunderson, Directors Pat McMullen and Adam Haydon, Associate William Haass and Senior Managing Director Ken Dayton. Staring Lake has ski trails and a 700-foot sledding hill that provide tons of winter fun for residents. The company invests in and develops office, industrial, retail, mixed-use and senior housing properties. Many residents who live in Eden Prairie but work outside the neighborhood travel by car to their destinations. document.write(new Date().getFullYear()) Presbyterian Homes and Services|Equal Housing Opportunity|EEO/AA Paravel will combine modern luxury and convenience with active, comfortable living. Kowalskis Markets features top-quality produce and meat departments in this neighborhood grocery store. Check out our new home construction near the Twin Cities. City of Eden Prairie 8080 Mitchell Road Eden Prairie, MN 55344 952-949-8300. 1520 New Brighton Blvd, Northeast Park, Minneapolis, MN . Units: 261Project Type: New developmentCompletion: 2024, Units: 246Project Type: New developmentCompletion: Summer 2023. Contact a member of our team for more information:development@timberlandpartners.com, 8500 Normandale Lake Blvd. Blue Stem North, a Greco Properties LLC plan for a two-phase project totaling 425 apartments at 6901 Flying Cloud Drive, not far from the planned Golden Triangle LRT station; this project will be reviewed by the Eden Prairie Planning Commission on Jan. 10. Explore The Community SHOPPING Eden Prairie Outdoor Center and Staring Lake Observatory. In Unit Washer & Dryer Mullins says the Twin Cities area has been riding a wave of apartment construction for about the last decade, as investors remain bullish on the return on investment for this type of development even as developers have shouldered higher construction costs. The trademarks MLS, Multiple Listing Service and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Work up a sweat in our on-site gym, or cool down with a dip in the pool. Minneapolis, MN 55437. 9631 Laforet Dr , Eden Prairie, MN 55347-3534 is a single-family home listed for-sale at $749,900. The Planning Division evaluates and regulates development in the City as stipulated in the Comprehensive Guide Plan, City Ordinances and regional policies. Maintenance on site We worked closely with the City of Eden Prairie to vacate the existing road (Lincoln Lane) and replace seven homes with 239 units of new construction all in close proximity to area amenities.. 3 Beds. A charming new chapter in South Minneapoliss long- established story, Noko Apartments was inspired by the harmony and balance of the neighborhoods beauty, rooted community and natural surroundings. 8136 Eden Prairie Rd Eden Prairie, MN 55347 $689,900 Townhouse Active MLS # 6315127 3 Beds 3 Total Baths 2,938 Sq. Your Pulte dream home awaits! Keep Located 12 miles southwest of Minneapolis, Eden Prairies first settlers arrived in the early 1850s. We will look into it right away. Maintenance on site, Dog & Cat Friendly Rare Opportunity to have a . Economical bus fare at $3 for adults during peak hours ($2.25 during non-peak hours) makes commuting by bus affordable for residents and visitors to the area. Further, construction of the Southwest LRT route from Minneapolis to Eden Prairie will continue to be a factor in local apartment construction, said city Community Development Director Julie Klima, as developers aim to place housing near LRT stations. $1,495 - $1,785/mo. All information should be independently reviewed and verified for accuracy. Contact us - Real Estate Industry Services | JLL. Theres nothing better than living in a city where residents have a true love for their community. Based on information submitted to the MLS GRID as of 2023-03-18 02:21:40 PDT. We understand investing in a development project takes trust, and we dont take that lightly. Flagstone is an apartment community located in Hennepin County and the 55344 ZIP Code. 3,650 sqft. This area is very Bikeable. PHS is a registered501(c)(3) |EIN 41-0758756. Live in one of our renovated apartments in Eden Prairie, MN and surround yourself with beautiful landscaping, comfortable homes, and thoughtful amenities. When your shopping spree is complete, explore one of the towns award-winning restaurants. The average rent for a three bedroom apartment in Eden Prairie, MN is $1,910 per month. Families can enjoy a variety of entertainment, rides and a spectacular fireworks display at the end of the festival. Hosting a relaxing happy hour with a large on-tap beer selection, The Prairie Tap House offers up great food and affordable cocktails. About Timberland Partners Minneapolis-based Timberland Partners now owns and manages a portfolio of 85 communities in 17 states for a total of more 18,500 apartment units. The average rent in Eden Prairie is $1,326. Eden Prairie Local News is a 501(c)(3) nonprofit organization EIN 85-4248265 | Copyright 2020-2023, Construction of The Ellie apartments begins, Sign up for the FREE email newsletter from EPLN, physically move them to new locations in Minnesota, A wind-swept night for EPHS girls soccer against Edina, School board forum reveals candidates similarities and a few differences on issues. Eden Prairie has more than 120 miles of bike trails and 13 miles of nature trails within its more than 1,000 acres of park land, so outdoor enthusiasts have plenty to choose from. 3,155 Sq. Round Lake Park hosts a two-day Fourth of July Hometown Celebration every year. . Our spacious apartment homes feature open kitchens, master baths with dual vanity sinks, premium finishes, and plenty of open green space for playing with kids and pets all within a welcoming, maintenance-free environment. Search 75 Rental Properties in Eden Prairie, Minnesota. At 239 studio, one-bedroom and two-bedroom apartments, the United Properties project is one of Eden Prairie's largest multi-family residential developments in recent years. The overall cost of living in Eden Prairie runs 17.8 percent higher than the rest of Minnesota and 21.5 percent higher than the national average, with a one-bedroom apartment rent averaging approximately $1,100 per month. Eden Prairie New Construction Homes in Eden Prairie, MN Clear all filters Location 25 Mile Radius Price Min: No Min Max: No Max All Bedrooms All Bathrooms All School Districts All Map View Communities & Homes Custom & Build On Your Land Manufactured Homes Builder Directory View Communities View Homes Uncover investment opportunities and capital sources all over the world. Timberland Partners was founded in 1992, is headquartered in Bloomington, Minnesota, and brings over 40 years of real estate development experience to their projects. The 1,589 sq. View more property details, sales history and Zestimate data on Zillow. He also services equipment, making it your one-stop shop for anything cycling related. Fitness Center The farm is open daily from June through November, and families can enjoy photo opportunities with bright orange pumpkins or among the floral arrangements found throughout the farm. View more property details, sales history and Zestimate data on Zillow. A long-time farming community, the population of Eden Prairie grew slowly, with a large increase in the 1960s and 1970s. Fitness Center 16765 Stirrup Ln , Eden Prairie, MN 55347 is a single-family home listed for-sale at $1,199,000. Pool This property accepts Zillow applications. The Waters of Eden Prairie Offers Assisted Living, Independent Living, and Memory Care 11 Reviews 431 Prairie Center Drive, Eden Prairie, MN 55344 (800) 385-2527 Summary Reviews Costs Photos Amenities Description Map View Photos Get cost information Contact for Costs Find out availability Schedule a Tour Ask about payment options And, theres more, says Mullins: Unlike in Minneapolis, projects in the suburbs, exurbs, and rural areas generally have enough land to build the much-sought-after, larger apartments with lots of amenities, which are popular in part because of the work-from-home trend driven by the spread of COVID-19. 2020 Timberland Partners. This st. 13.3 mi, Brooklyn Center, Located in Eden Prairie, we offer easy access to Hwy 212 and Mitchell Road. The 24,790 Eden Prairie households identified in the 2020 Census would increase by 3.6 percent more than 900 households if three apartment projects that are already approved or seeking the citys OK reach fruition and become fully occupied. For Lease. Walk Score Balcony Eden Prairie Office . Click 'Apply now' to fill out the online form once and apply to as many participating properties as you want. Offering homemade sausages, brats and jerky, residents can stock up for a summertime barbecue or other special event. Flagstone is a vibrant community with a host of services and amenities to enrich your life. Suite 700 We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. Twenty-five percent of the apartments in The Ellie will have rents that meet affordable-housing guidelines. PropertyShark has 7 new listings in the Eden Prairie, MN area with prices between $699,000 and $1,049,900. Dishwasher Review photos, pricing information, key features and more. Twenty-five percent of the residential units will be affordable. Public transportation is available through Southwest Transit bus service, which offers a park-and-ride option at the station on Technology Drive. Eden Prairie, MN 55344 Email agent Brokered by Keller Williams Classic Realty Northwest New Open House TODAY For Sale $575,000 4 bed 3 bath 3,315 sqft 0.39 acre lot 6380 Chatham Way, Eden. To learn more visit. 4ba. Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. For Sale: 5 beds, 5 baths 4295 sq. Construction has begun on another major apartment complex in Eden Prairie: The Ellie, a four-story development off County Road 4, north of Smith Coffee & Cafe. The 5,697 sq. The unit mix will include studio, one-bedroom, two-bedroom and penthouse units. 8500 Normandale Lake Blvd. MN The development is close to a robust park network including Miller and Round Lake parks and is located seven minutes from public transit with easy access to Highways 212 and 5. Please switch to a supported browser or download one of our Mobile Apps. Enjoy maintenance-free living and comfortable, convenient floor plans. This Listing has been verified by CoStars listing verification process, which combines internal screening and fraud detection technology. Eden Prairie has several restaurants located throughout the suburb, including many familiar chain restaurants and locally owned eateries. Construction on The Ellie is anticipated to be complete by the spring of 2024. Were proud we were able to preserve four of the original homes and physically move them to new locations in Minnesota, she added. Comments arent allowed on our site, but we do offer several ways to provide feedback, and have your voice heard. 9721 Dorset Ln, Eden Prairie, MN 55347 Townhouse for rent Request a tour Request to apply Facts and features Fast & easy Zillow application. $2,261 depending on the number of bedrooms. Apartments for rent in Eden Prairie, MN 120 Perfect Matches Available Sort & Filter 9550 Garrison Way, Eden Prairie, MN 55347 4 Beds $2,995 2,086 Sqft (952) 226-7700 Check Availability 8391 Townsend Dr, Eden Prairie, MN 55344 2 Beds $2,150 Sqft Unknown (651) 330-8001 Check Availability 13570 Technology Dr. unit 2202, Eden Prairie, MN 55344 2 Beds You can also view more listings by looking at Eden Prairie new listings. Flagstone has 3 shopping centers within 0.6 miles, which is about a 10-minute walk. Look for Eden Prairie apartments near top-ranking high schools like Eden Prairie High School. 1-2bd. Update: A Metro Green Line Extension impediment? MN NEW - 1 DAY AGO PET FRIENDLY. A lot of recent construction has been outside the core cities and part of what Mullins calls an amenities war: the increasing tendency to build apartment projects that include home offices, kitchen islands, high ceilings, covered parking, co-working facilities, and even pickleball courts. If you believe the story has an error, or would like to get in touch with the author, please contact us. Subscribe to get EPLN in your inbox for FREE! Nestled in residential Eden Prairie, Paravel delivers the perfect balance of amenity-rich luxury and social neighborhood charm. document.write(new Date().getFullYear()) Presbyterian Homes and Services|Equal Housing Opportunity|EEO/AA We arrive at todays groundbreaking thanks to close coordination with the city council, city and county staff, and the Metropolitan Councils Housing and Redevelopment Authority.. If you believe the story has an error, or would like to get in touch with the author, please contact us. New Construction; Package Lockers; Pet Friendly; Brand New Studio and One Bedroom Apartments!! We arrive at todays groundbreaking thanks to close coordination with the city council, city and county staff, and the Metropolitan Councils Housing and Redevelopment Authority.. Clubhouse In any case, the local boom in apartment construction has helped the citys effort to stimulate some housing thats more affordable than market rental rates. $1,499-$2,949 The Division also provides staff services to the City Council, Planning Commission and Heritage Preservation Commission. Residents can find numerous artistic activities in the city. Minneapolis-St. Paul is home to numerous American headquarters for life sciences, financial services, and manufacturing firms. globally-renowned natural and cultural landmarks. Select your school and find the perfect place nearby or on-campus. Ft. 2 Car Garage Applewood Pointe of Eden Prairie. View a 3D interactive floor plan of the Crosby floorplan or scroll down for other floor plan options. The company imagines new possibilities in real estate to help enrich communities and create lasting legacies. New! Our cooperative homes for 62+ adults offer all the privacy and autonomy you're accustomed to, as well as the numerous lifestyle perks that come with membership to a cooperative community. Property Manager at Responded To This Review, Minneapolis, Nondiscrimination, Language Assistance, Corporate Compliance and Privacy Notice, Bright open floor plans emphasize spacious rooms and nine foot ceilings, Convenient in-home laundry with washer and dryer, Fully equipped kitchen with stainless steel appliances and solid surface countertops, Individually controlled heat and central air conditioning, Islands in select apartments with painted finish, Kitchen wood cabinetry and islands with a chestnut brown finish, Premier flooring and fixtures making a residence of the finest quality, Designated complimentary transportation to shopping and outings, Priority access to other Presbyterian Homes & Services living and care options based on availability, Utilities (heat, electric, central air conditioning, water, sewer and trash), Wings wellness intellectually stimulating programs, spiritual care services, group fitness classes, fitness center with pool, volunteer opportunities, Home care and hospice services available through Optage, Outdoor terraces with walking paths, pickleball court and putting green. Let the professional leasing staff show you everything this community has to offer. Learn More About Our Residences Neighborhood The . ft. home is a 5 bed, 4.0 bath property. These are just two reasons why Eden Prairie has been consistently awarded as one of the best places to live in the nation. Walk Score measures the walkability of any address. Local favorites include spicy kung pao chicken and beef with garlic sauce. Escape to your own private oasis! Transform how you acquire, manage, operate, and experience space with technology, Bringing projects to lifereducing costs, improving outcomes, JLL Capital Markets arranged the equity and construction loan for Paravel in Eden Prairie, MN. 9h ago Room in townhouse $685 4 beds, 2 baths 7290 Bagpipe Blvd Eden Prairie, MN 55346 New! Theres nothing better than living in a city where residents have a true love for their community. Set a destination, transportation method, and your ideal commute time to see results. The population of Eden Prairie, MN compiles 25,026 total households. Nestled in residential Eden Prairie, Paravel delivers the perfect balance of amenity-rich luxury and social neighborhood charm. Select units will have fireplaces and soaking tubs. The cost of a beer at a local bar costs between $3 and $4. Date available: Sat Apr 15 2023 Review our strategy and previous work and get in touch if youd like to discuss development opportunities. Browse for the latest retail storefront, stores, restaurants & commercial properties to rent or buy and discover the right property for your needs. In Unit Washer & Dryer When those affordable units are close to transportation, as is proposed with Blue Stem North, its fulfilling multiple goals outlined in the citys long-range plan. Transit bus service, which is about a 10-minute walk, 5 baths 4295 sq Talberg said top-ranking schools. We welcome feedback and accommodation requests you everything this community has to offer has to.! 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