9f20ff40_Ecumen___Tags__Excerpt
[Title] Housing hot spots - Ecumen featured by Star Tribune [Date] 2012-04-04 11:32:00 [Actions] View [Excerpt] 
High on a bluff overlooking the Mississippi River and I-35E, a construction crew toils away on a 120 unit senior housing community being built by Southview Senior Living and developer John Wall. Although located in the tiny town of Lilydale, the development takes place in one of the hot spots for senior housing in the Twin Cities -- Dakota County. Southview has developments in West St. Paul and Inver Grove Heights, as well as communities in other parts of the metro. And Dakota County Community Development Agency manages 24 senior housing complexes with more than 1,300 units, one of the larger senior portfolios in the region. But Dakota County is hardly alone in seeing more senior housing as the region and the nation climb out of a recession. "Senior housing is one of the darlings of the real estate industry now, along with single occupancy apartments," said Thomas R. Melchior, director of market research at CliftonLarsonAllen LLP. "Projects are being planned all around the Twin Cities. Name a community and there's someone planning to do a senior housing project in it, or right next door."
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