Anoka is working on its first large single-family development in 20 years, a 44-home enclave to be built in a farm field between the Rum River and the county library on the north side of Bunker Lake Boulevard.
The City Council approved an agreement last week to sell 22.5 acres for high-end homes to be built by Hanson Builders and partner Jonathan Builders, of Andover, said Mayor Phil Rice. Final council approval of the project could happen in mid-June.
Plans for Rum River Heights include a swimming pool, possibly a river dock with six boat slips and a grand entrance with scores of trees, boulder retaining walls and a pond with fountains, said Nathan Fair, project co-partner with veteran builder Dean Hanson.
A new intersection will be built on Bunker Lake Boulevard just west of a pedestrian bridge that arches over the road. The developers would pay for subdivision streets, sidewalks, trails, sewers and half of the planned $506,000 intersection, Fair said.
Fair said the 44 houses, each sitting on one-third of an acre, would be priced from $400,000 to $750,000, with the higher price for those with views of the river.
"It looks spectacular," Rice said. "We are lucky to have that quality of homes being built in there. … We do not have a lot of housing stock of that nature in Anoka."
According to City Assessor Scott Verney, the median price of an Anoka home is about $130,000.
The state gave the 22.5 acres and adjacent land to the city in 1971, said Eric Thorvig, Anoka's economic development director. He estimated that the 44 new homes would generate more than $100,000 a year in property taxes.