A flurry of new apartments and suburban starter homes will help Shakopee alleviate a housing crunch and, city leaders hope, attract more young professionals to town.
The Shakopee City Council recently approved an assortment of projects, including 158 single-family homes, a 60-unit affordable housing development and a gated luxury apartment complex near Canterbury Park. Seniors will soon have more options as well. Benedictine Health System plans to build 277 units for independent living and memory care along Marystown Road.
"There's a lot of pent-up demand," said Michael Kerski, Shakopee's director of planning and development. "It's happening faster than any of us anticipated."
Over the past 15 years alone, Shakopee's population has doubled to 40,600 residents — attracting major employers like Amazon, Shutterfly and Entrust Datacard — but the city has been unable to keep pace with the growth, at least partly because no new apartments have been built there in over a dozen years.
That's about to change. Around 1,100 housing units are slated to be built in Shakopee this year, Kerski said. But the market can support at least several hundred more.
Most of the planned developments are clustered on the west side of town, south of Hwy. 169 and along Marystown Road.
CommonBond Communities, a St. Paul-based nonprofit specializing in affordable housing, was approved to build a 60-unit apartment complex featuring amenities like a shared community room, computer lab and play area. The building will offer one-, two- and three-bedroom apartments with rents ranging from $800 to $1,100 a month.
Kayla Schuchman, CommonBond project manager, told the council this month that the operator is unique because it provides services such as job training and after-school tutoring for its tenants.