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Hearpth <br /> Development <br /> 6750 Stillwater Blvd. Suite 200 <br /> Stillwater, MN 55082 <br /> Project Summary March 31, 2016 <br /> Hearth Development is proposing a 100-120 unit Senior Housing Project located on the SW corner at <br /> the intersection of Line Ave NW and 183rd Circle NW in Elk Rlver. The site sits one block East of <br /> Highway 169. Sitting on a ridge, the site has commanding views to the south. This sites proximity to <br /> commercial amenities is a great benefit to our residents and visitors alike The current comprehensive <br /> plan designates this area as mixed use. This project is a great fit as a transition from the heavy <br /> commercial use to the south and the less intensive single family use to the north on Line Ave, <br /> Building amenities will include; a salon, movie theater, pub room, community and private dining <br /> rooms, wood working shop, craft room and fitness room. All resident rooms will have private <br /> bathrooms. All Independent and Assisted rooms will have full kitchens. As we see our demographics <br /> evolve, we want to make sure we are listening to the market and what it is demanding, With that in <br /> mind, we have designated a larger percentage of units to be 1 bedroom, 1 + Den and 2 Bedroom <br /> units. <br /> With a proven track record,we demand a high quality of construction in our projects, everything from <br /> the structure through the mechanicals and finishes, our buildings are something we take great pride <br /> in, we want and expect the project to be an enhancement to the community, something everyone is <br /> proud to be a part of. <br /> Recently selected one of the top 10 Senior Housing Developers in the Twin Cities, we have a long <br /> term commitment to the Twin Cities market. We work with reputable operators who like ourselves, are <br /> committed to offering our residents a first class experience. The level of care and programing at our <br /> facilities is of great importance to us as owners and our operators. <br /> Residents of this building will have the option of living independently, utilizing our services for help <br /> with assisted living or memory care needs. The facility will have licensed nurses available to <br /> residents 24/7; this along with a higher staff to resident ratio allows us to serve a wider range of acuity <br /> levels than the traditional "assisted care facility". Our goal is to provide a continuum of care, allowing <br /> our resident to age in place as their needs increase. <br /> www.HearthDevelopment.com 9 (651) 383-4850 <br />