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Last modified
7/17/2007 9:25:33 AM
Creation date
5/13/2005 4:37:49 PM
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Roseville City Council
Document Type
Council Resolutions
Resolution #
10285
Resolution Title
AUTHORIZING CONTINUATION OF THE CONTRACT FOR EXCLUSIVE NEGOTIATIONS BETWEEN THE CITY OF ROSEVILLE, MINNESOTA AND THE ROTTLUND COMPANY, INC. FOR THE TWIN LAKES REDEVELOPMENT AREA
Resolution Date Passed
3/14/2005
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<br />TWIN LAKES, Roseville, Minnesota <br />Market Assessment & Demand Analvsis <br /> <br />Condo- Townhouse Market Assessment <br /> <br />Table 6 <br /> <br />Active Condo and Townhouse Developments <br />Twin lakes Competitive Market Area <br /> Product <br />Unit Type/Project Name Developer Type Price Sq.Ft. Price PSF <br />One Bedroom <br />Villas at Midland Hills United Properties Condos $260,425 947 $275 <br />Two Bedrooms <br />Villas at Midland Hills United Properties Condos $327,500 1,310 $250 <br />Villas at Midland Hills United Properties Condos $369,750 1,479 $250 <br />Villas at Midland Hills United Properties Condos $410,280 1,677 $245 <br />Stonecrest Masterpiece Homes Townhomes $544,579 2,218 $246 <br />Stone crest Masterpiece Homes Townhomes $558,784 2,218 $252 <br />Lindsey Court Nedegaard Canst. Townhomes $254,900 1,263 $202 <br />Lindsey Court Nedegaard Canst. Townhomes $269,900 1,359 $199 <br />Lindsey Court Nedegaard Const. Townhomes $269,900 1,359 $199 <br />Lindsey Court Nedegaard Canst. Townhomes $274,900 1,359 $202 <br />Three Bedrooms <br />Villas at Midland Hills United Properties Condos $552,525 2,085 $265 <br />Villas at Midland Hills United Properties Condos $572,825 2,085 $275 ( <br />Villas at Midland Hills United Properties Condos $792,825 2,883 $275 <br />Stonecrest Masterpiece Homes Townhomes $645,900 3,458 $187 <br />Stone crest Masterpiece Homes T ownhomes $735,000 3,794 $194 <br />Average List Price $456,000 1,966 $232 <br />Source: GVA Marauette Advisors <br /> <br />( <br /> <br />GV A Marquette Advisors <br /> <br />Page 15 <br />
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