Sales Office Now Open for Zvago Glen Lake Co-op in Minnetonka
Zvago Glen Lake Cooperative, a new senior housing co-op planned for the north shore of Glen Lake in Minnetonka, has opened a sales office and showroom in walking distance from the site.
Zvago is being developed by OneTwoOne Development, a partnership between Ecumen and Lifestyle Communities, a Plymouth-based development company. It is Ecumen’s first senior cooperative project and is being marketed to active adults 62 and older. Senior cooperatives are communities where residents buy shares of the corporation that owns the building — an ownership structure that offers the tax advantages of home ownership as well as a say in the building's management.
Construction on the 54-unit co-op is expected to start this fall and be open in the fall of 2016. The sales office is at 14446 Excelsior Boulevard in Minnetonka, next to Caribou Coffee.
Peg Horan, the Zvago Sales Manager, is now giving tours of the showroom and discussing unit plan options and interior finishes with potential buyers.
“Zvago will be close to everything — entertainment, dining, shopping, golf courses and outdoor recreation,” Horan says. “It’s a beautiful, mature neighborhood with woods and rolling hills in easy walking distance to nearby businesses.”
Horan says the cooperative structure has financial advantages similar to traditional home ownership, along with lower costs of entry than many condominiums or townhomes. Plus, co-op owners have a strong say in shaping their community and how it operates.
For more information call 952-679-8715 or click here to contact the sales staff online.
Zvago Sales Office
Minnetonka, MN 55345
(952)679-8715
Sales Office Hours
M-W-F: 9AM–5PM
T-Th: 10AM–7PM
And by Appointment
Site Address
Minnetonka, MN 55345