AABP EP Awards 728x90

Senior housing co-op planned near Jordan Creek

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A Minnesota real estate firm, in its first investment in metro Des Moines, is planning to build a senior housing cooperative in West Des Moines. Real Estate Equities Development LLC of Eagan, Minn., plans to break ground in the next two months on a 55-unit housing complex called the Village Cooperative of West Des Moines on South 60th Street just south of Mills Civic Parkway. In the co-op model for those 55 and older, residents buy a share in the project, pay monthly maintenance fees and have a say in management, reports DesMoinesRegister.com.