Hot Property: Highland Shores Senior Housing

Type: Senior housing

Size: 209,400 square feet

Units: 67 independent living, 71 assisted living

Developer: Trident Development

Architect: Cole Group Architects

Details: An 8.5-acre parcel near Hazeltine National Golf Club that was originally slated for condominiums nine years ago could finally be seeing development.

St. Cloud-based Trident Development is proposing to construct a pair of interconnected senior housing buildings on the site, called Highland Shores Senior Housing.

The site includes the northern half of what was once intended to be a four-building, 248-unit condominium complex proposed in 2005 by K. Hovnanian Homes. Only one of the condo buildings was constructed before the project was abandoned due to the housing bust. Another spot in the site's southern half was developed into the Highland Shores luxury apartments in 2009.

The northern half, however, has remained vacant. In 2010, it was approved for the Legends of Hazeltine senior housing complex, which envisioned 56 units of memory care and assisted living units. That project was eventually shelved, as was a subsequent 2012 proposal by the Goodman Group that called for a 126-unit senior apartment complex.

Trident told the city of Chaska in July that it has a binding purchase agreement with landowner Kornovich Development Inc. for the project. The developer has set a fall 2015 completion date.