The project, called the Villas At Midland Hills, will include a three-story, 32-unit condominium building and six townhomes. Townhome construction is expected to begin this summer with projected occupancy in late 2004. Condominium construction is anticipated to begin this fall.
Carey cites a "lack of upscale, maintenance-free housing" in Roseville, and as a result, "demand for this type of project is very strong."
United Properties' development plan was picked from among several competing proposals submitted in early 2003 to the Midland Hills board of directors.
The Villas At Midland Hills will be architecturally styled to complement the French Tudor-style design of the Country Club's newly constructed 37,000-sf clubhouse, which was opened to members in May 2001. Originally established in 1919, Midland Hills Country Club is situated on 155 acres. United Properties bought the four-acre parcel from Midland Hills in late December and will manage marketing and sales of the condominiums and town homes.
The condominiums will range in size from 1,300 sf to more than 2,000 sf, with the option to customize individual units. Prices will begin at $325,000. The townhomes will each be about 3,500 sf on multiple levels with pricing beginning at $500,000. Ownership includes a social membership at Midland Hills.
The site is near the University of Minnesota's golf course and its St. Paul and Minneapolis campuses. Tony Kuechle of United Properties is handling sales of the units.
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