2018 – 2022
Green Lake Villas – Chisago City, MN
www.greenlakevillas.com
Acres: 10 Units: 35 Retail: $22.5M
Scope of Project:
All aspects of developing including the purchase of vacant land, development and entitlements, financing, HOA creation, improvements and sales of new homes for three builders. Added later, we created a Mini-Boat-Club for residents to have use of a shared boat – may be the first time this was done in Minnesota!
Narrative:
After a year of effort, we obtained an accepted offer from ISD #2144 to purchase the Lakeside Elementary School site, 10 acres on Green Lake with almost 1,000′ of lakeshore. November 2022, about 2/3 of the homes are built and sold. Home values from $475,000 – $1.2M.