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4 <br /> <br />One of our primary goals in creating a vision for Parkshore Village is to provide the opportunity <br />for first time home buyers to own a new home in the prestigious Mounds View Public Schools. <br />Our response to this demand is to provide attractive, modern attached townhomes. This <br />attached product is targeted at singles and young families. It consists of a three-story, rear load <br />garage townhome comprised of 4 to 6 units per building. Unit sizes vary, ranging from 1,580 <br />square feet to 2,500 square feet with numerous structural options. A homeowners association <br />will maintain building exterior, snow removal, and lawn. We anticipate selling prices from the <br />mid-$200k’s to the low $300k’s. This housing product will also appeal to those who find it <br />appealing to have home owner’s association maintenance. <br /> <br />This is the same townhome that we recently built just one mile away off Old Highway 8 in New <br />Brighton. It was very well received by the public and offers an attractive presence in this new <br />neighborhood. <br /> <br />With our modern townhome design, our goal is to maintain affordability, but to improve on the <br />historical townhome architectural themes. Our overall approach is to “individualize and stylize” <br />each unit. The result is individual units which differ in architecture from all other units within the <br />same building and which vary in color scheme from almost every other unit within our <br />community. This is a significant advancement in the approach to townhome architecture. Our <br />new townhome incorporates the following individualizing features: <br /> <br />a. Significant number of and varying orientation of windows providing interest to the <br />exterior and transparency and daylighting on the interior <br />b. Windows and building corners are wrapped with trim <br />c. Different types of gables <br />d. Pediments and brackets within the gables to add interest <br />e. Window shutters <br />f. Porches <br />g. Roof pitch (8:12) to accommodate optional bedroom, loft, and/or rooftop terrace options <br />in the habitable attic <br />h. Horizontal banding boards between floors to add variety and differentiation <br />i. Articulation of each unit; each unit is offset in depth from the adjacent units by two feet; <br />this creates shadows which visually “break up” the front of the building <br />j. Varied color scheme for each unit and for most units within our community (for example, <br />our New Brighton neighborhood was designed to have 25 out of 36 units with different <br />color schemes; we anticipate similar color individualization in this community) <br />k. The option of a rooftop terrace will positively impact the rear elevations of some units <br /> <br />The end result is that each unit will appear unique and distinct within each building and to a <br />substantial degree within the new community. Attached you will see photos of homes recently <br />constructed in New Brighton just one mile away. <br /> <br />It is worth noting that our approach to “individualized and stylized” town home units extends to <br />the interior as well. Buyers are able to choose from a range of options that are not typically seen <br />in old town home floor plans: <br /> <br />a. 3 bedrooms with options for a 4th and even a 5th bedroom <br />b. 2 car garage with an option for a 3rd <br />c. Two owner suites instead of one owner suite and two smaller bedrooms <br />d. Loft <br />e. Rooftop terrace <br />f. 1st floor flex room and additional bathroom <br />