Current Developments

Aeon's developments serve our community in many ways. Ripley Gardens helped stabilize the neighborhood with thoughtful redevelopment and historic renovation. The site's sustainable features are important to reduce our carbon footprint. ~ Dale Forsberg, President, Watson-Forsberg Co.

Current Developments

Aeon's high-quality developments strengthen lives and communities.

South Quarter: Transforming an urban core

Through a partnership between Aeon and Hope Community, the intersection of Franklin and Portland Avenues will be completely transformed to feature more than 250 high-quality, mixed income apartments and townhomes, along with new retail businesses and community space.

The Landing: Meeting the need for affordable senior housing

Aeon will help meet the growing demand for senior housing by constructing a high quality, sustainable development in Chaska. The Landing will create approximately 50 affordable one-bedroom apartment homes for seniors, offering Chaska residents the opportunity to age within the community.

Old Third Townhomes: Creating a residential community

Old Third Avenue Townhomes is the last of a three-phase development bringing diverse housing options to a St. Anthony East neighborhood block that had long been underutilized. A partnership between Aeon and Twin Cities Habitat for Humanity, Old Third Avenue Townhomes will offer homeownership opportunities for eight households earning low incomes.

Sienna Green Phase II: Creating apartment homes for families in Roseville

Located in Roseville, Sienna Green is Aeon's second suburban property. Phase II will create 50 new apartment homes atop what had been a barren parking lot. The completed Phase I featured the extensive renovation of the site's existing 120 units.

Refinancing Aeon's Portfolio:Sustaining community assets

Aeon will refinance several properties in its portfolio in order to complete a moderate to substantial rehabilitation at each site. Aeon is committed to ensuring that its developments remain affordable and offer quality places to live. Preservation of existing properties, which are an integral part of the neighborhoods in which they are located, is more cost effective than constructing new buildings.

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822 S. 3rd Street, Ste. 300 | Minneapolis | 55415 | 612.341.3148