Intergenerational Living & Health Care, Inc. And The Goodman Group Announce Development Of Stillwater’s First Senior Living Campus
STILLWATER, MN–Intergenerational Living & Health Care, Inc. (ILHC), a nonprofit organization pioneering interactive programing to bring children and seniors together, based in Minneapolis, has purchased an option to acquire approximately 57 acres overlooking the northern end of Long Lake just east of Rutherford Elementary School on the western edge of the city of Stillwater.
The owner and operator ILHC is working in collaboration with developer and manager The Goodman Group LLC, a Chaska-based, 50-year privately held senior living and health care management company, with a focus on creating innovative person-centered lifestyles for healthy aging and wellbeing. The co-real estate developer of the project is Northland Real Estate Group, LLC, a Twin Cities-based commercial real estate investment and development company focused on senior living housing, multifamily, and commercial properties in the Midwest.
The Goodman Group team has researched the formerly proposed Croix Bay development history in detail to assure that the comments of the City Council and surrounding neighborhood are well reflected in the forward planning of the future site. The company plans to construct an approximately $70 million mixed-unit senior living community over three development phases. Phase one is a 139-unit independent, assisted living and memory care community. Phase two will include 30 independent living villas that will be accompanied by 70 apartments for active adults in the third phase of the project.
The Lakes at Stillwater will be a vibrant senior living community inspired by the natural beauty of the surrounding scenic lakeside landscape, offering a healthy aging lifestyle, hospitality services and amenities, intergenerational programming and exceptional care services.
This scenic site has been part of a “Forest Stewardship Plan” and was recently reforested with thousands of DNR-raised seedlings. The Goodman Group has a longstanding senior care management philosophy recognizing the healthy aging benefits associated with access to nature and intend to protect the green space by continuing with the reforestation stewardship program. The design and architecture will complement the heritage of the site and surrounding community.
“We are inspired by the beauty of this Stillwater nature sanctuary offering rolling hills, streams, Northwood forests, wildlife and gorgeous lake views. Our organization hopes to create a Twin Cities destination for a senior living community that welcomes the surrounding neighborhood of all ages,” said Craig Edinger, CEO of The Goodman Group. “This unique landscape will wonderfully complement our commitment to the wellbeing, health and healing of all residents.”