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2023-06-21 EDA Packet
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2023-06-21 EDA Packet
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Market Analysis for Downtown Redevelopment <br />City of Centerville Economic Development Authority <br />April 3, 2023 <br />3.12Profiles of Selected Senior Housing Communities in the Downtown Centerville PMA (Continued) <br />Rent per <br />Vacant Unit <br />UnitsSize of UnitBase Rent <br />PropertyUnitsTypeSquare Foot <br />Memory Care Assisted Living <br />380$3,500$9.21Three meals per day and light <br />Atlas Villas Memory Care 1613Studio <br />1825 Main Sthousekeeping included; units include <br />CentervilleService Packages kitchenettes; amenities include <br />Required care packagescommunity room, and dining room. <br />Year Built: 2023 <br />$4,400 and higher <br />Monthly fee includes heat, central air <br />conditioning, water and trash. <br />380$4,900$12.89Three meals per day and light <br />NorBella Senior Living 2412Studio <br />2025 Michaud Way <br />housekeeping included; units include <br />CentervilleService Packages kitchenettes; amenities include <br />Required care packagescommunity room, and dining room. <br />Year Built: 2022 <br />$435-6,645 <br />Monthly fee includes heat, central air <br />conditioning, water and trash. <br />Three meals per day and light <br />Harbor Crossing 402Studio360-480$4,515-4,690$9.77-12.54 <br />4650 Centerville Rdhousekeeping included; units include <br />White Bear LakeService Packages <br />full kitchens, in-unit washer and dryer, <br />Required care packages <br />and some patios/balconies; amenities <br />Year Built: 2016 <br />$2,885-4,985include community room, dining room, <br />fitness center, and guest suites. <br />Monthly fee includes heat, central air <br />conditioning, water and trash. <br />220Studio336$8,895$26.47Three meals per day plus snacks <br />Keystone Place at <br />1BR643$9,295$14.46 <br />LaValle Fields included in care packages, weekly <br />14602 Finale Ave N <br />housekeeping and linen change. Units <br />HugoService Packages <br />include full kitchens, in-unit washer and <br />Additional fees for <br />dryer, and some patios/balconies; <br />Year Built: 2015 <br />required service packages <br />amenities include community room, <br />dining room, and fitness center. <br />Monthly fee includes all utilities. <br />Source: Interviews; community websites; LOCi Consulting LLC <br /> <br /> <br /> Page | 57 <br /> <br />
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