Minneapolis-based Oppidan Investment Company will soon develop its first seniors housing project, when it begins work on Red Rock Senior Living in Woodbury, Minn.
The new seniors facility will sit on 3.5 acres at 2195 Century Ave. in Woodbury, near the intersection of Lake Road and Interstate-494.
The 75,873-square-foot Red Rock Senior Living facility will consist of 77 units, including 14 independent-living apartments, 24 assisted-living apartments, 32 memory-care apartments, six care suites, one guest suite and a 25-stall lower-level parking garage. The facility will be operated by Ebenezer in partnership with Fairview Health Services.
“This is an exciting new focus for Oppidan,” said Joe Ryan, president of Oppidan, in a written statement. “We welcome the opportunity to bring our development expertise to the senior housing market with Ebenzer and other senior housing providers on future projects.”
Construction on the facility will begin in June, and the facility will be fully operational by June of 2015.
