Post in Northrop & Howe school site redevelopment plans

The SENA office has received the following information from Chuck Ellis at
Applewood Pointe Cooperatives:

Howe and Northrop School Site Redevelopment – Affordable Senior Housing

United Properties has been selected by the Minneapolis School District to
purchase and redevelop the Howe School building located on 38th Street between
43rd and 44th Avenues and the Northrop School site located at 1611 E. 46th
Street.  The goal is to redevelop these sites to accommodate the needs of
seniors in the area.  United Properties develops a product called Applewood
Pointe Senior Cooperative.  This alternative represents a reasonably affordable
alternative for seniors 55 and better who are looking to stay in the
neighborhood but would prefer a maintenance free senior oriented option.

The first Applewood Pointe cooperative was developed in 2004. Each of the
present five Applewood Pointe Cooperatives is 100% sold out and has waiting
lists.  United Properties is hopeful the redevelopment of the Howe and Northrop
school sites will draw a significant level of interest from area seniors given
so few options are available.

Introductory Informational Meetings will be held in January to present
additional details on the building designs, maintenance free cooperative
lifestyle, floor plans and pricing.  These meetings will help area seniors
become aware of the opportunity, and help determine the level of interest and
support for these senior cooperative communities.

The first meeting will be held Monday, January 11, at 1:00 p.m. at the
Riverview Theater on 42nd Avenue South.  This meeting will focus primarily on
the Howe school site.

A second Informational Meeting will take place Thursday, January 14, at 9:00
a.m. at Holy Cross Lutheran Church, 1720 East Minnehaha Parkway. This meeting
will focus primarily on the Northrop school site.

Information on both sites will be available at each of the meetings.  Please
RSVP to 952-884-6400 as seating is limited for these meetings.  Refreshments
will be served.

Additional information about the Howe and Northrop developments can be found at
www.applewoodpointe.com in the Community section under “Future Plans”.