Senior Cooperative Housing.
Owner-occupied co-ops for active adults.
Designed for a carefree lifestyle, senior cooperatives offer an economical and maintenance-free way to enjoy life in a community of neighbors and friends. Residents buy shares of the corporation that owns the building — an ownership structure that offers the tax advantages of home ownership and a voice in the building's management, providing stability in an ever-changing real estate market.
Ecumen in Action
Ecumen’s first senior cooperative project is Zvago Glen Lake Cooperative, a new senior housing co-op under construction on the north shore of Glen Lake in Minnetonka, MN. Glen Lake Cooperative is being developed by OneTwoOne Development, a partnership between Ecumen and Lifestyle Communities. Designed for active adults 62 and older, the co-op is close to dining, shopping, golf courses and outdoor recreation. The community is slated to open Spring 2017.
Zvago Central Village is a major new senior housing community in the heart of Apple Valley, MN, steps from dining, entertainment, shopping, golf, outdoor recreation and more. Ecumen selected a thriving location near the bus rapid transit station, which connects directly to the MOA and other light rail transit connections. Construction is anticipated in the spring of 2017, with opening slated for spring 2018. Ecumen is accepting priority reservations.
Zvago St. Anthony Park is a 49-unit senior housing cooperative conveniently located in the heart of downtown St. Anthony Park, in northwest Saint Paul, MN. In partnership with Luther Seminary, Ecumen is developing a senior housing co-op on the 37-acre campus of the former seminary. Construction is anticipated in early 2017 with occupancy in 2018.
For more information, please call 877-338-1601 or click here to contact us online.