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Transactions - APRIL 17, 2020

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Vincent Development to develop senior-living facility in Minnesota

by Released

Vincent Development and Vincent Real Estate, subsidiaries of Eden Prairie, Minn.-based Vincent Cos., has received approval from the City of Prior Lake, Minn., to move forward on its new Summers Ridge Senior Living at 4285 Fountain Hills Drive NE. Comprising 40 units of assisted-living and memory care, the construction will be one single-story building managed by Plymouth-based Great Lakes Management. Prior Lake is located in Scott County, 20 miles southwest of Minneapolis. Summers Ridge is one of eight developments the company has slated for 2020. The various projects range from 40 units to over 200 units in size.

Summers Ridge will provide 24-hour support, private bedrooms and bathrooms, home-cooked nutritious meals, physical and mental exercises, outings and activities, as well as housekeeping and laundry services.

The City of Prior Lake is one of the fastest growing towns in the Twin Cities metro. Prior Lake-Savage Area Schools are highly regarded, with Prior Lake H

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