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MinnesotaMultifamily

Northland begins construction of 194-unit expansion of Minnesota apartment development

October 31, 2022
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Northland recently broke ground in Rochester, Minnesota, on the development of a 194-unit expansion to SoRoc on Maine, a 186-unit garden-style apartment community.

The firm acquired the community in February of 2022, intent on utilizing its in-house national development platform to expand upon the asset’s in-place entitlements in the submarket of South Rochester.

Once completed, the 380 total units will operate jointly across five buildings on about 13 acres, sharing management capabilities as well as indoor and outdoor amenities including a resort-style pool, central green area with a bocce court, three modern fitness centers and a clubhouse with private event space and a commercial kitchen.

Spanning roughly six acres, the expansion to SoRoc on Maine will bring a mix of studio, one- and two-bedroom homes across two three-story buildings. The new units will complement the community’s existing Class-A homes and feature nine-foot ceilings, wood-style plank flooring, bespoke shaker style millwork, stainless steel appliances, solid-surface quartz countertops and modern tile backsplashes.

Select units will also offer walk-out, ground-floor patios and upper-floor balconies. The project will bolster SoRoc on Maine’s existing amenities with additional studio space to complement the clubhouse’s fitness area, and heated parking garages in each new building.

Northland is partnering with several local Minnesota companies on the expansion project, including Miller Architects & Builders and Minnwest Bank, which provided $28 million in construction financing. Residents of the new units are expected to be welcomed to the community in early 2024.

Northland owns and operates a diversified multifamily portfolio that includes more than 26,000 apartments in 15 states.

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