Daily Newsletter

15 August 2023

Daily Newsletter

15 August 2023

Construction begins on cooperative living community in Minnesota

The development is being made as an alternative to conventional single-family townhouses.

August 14 2023

US-based construction company Adolfson & Peterson Construction (AP) has started construction on a cooperative residential community for adults aged 62 and above in Mound, Minnesota, US.

Known as Artessa Mound Harbour, the community is situated on Auditors Road and will comprise 125,000ft² of housing and community space upon its expected completion in August 2024.

In collaboration with Kaas Wilson Architects, AP is constructing the buildings and incorporating various features for use by its tenants.

AP's project manager Blake Invie said: “The West Metro [US] continues to see demand for high-quality amenities and buildings among potential community members.

“We’re proud to support the redevelopment with a state-of-the-art living facility in the heart of the walkable Mound community.

“This is a great opportunity for AP to build upon our expertise in senior living and establish a partnership with Artessa Development and [its affiliate] Lifestyle Communities that will extend to communities around the country.”

Artessa Mound Harbour is set to include 52 cooperative apartments with 11 distinct floor layouts ranging in size from approximately 1,000ft² to 1,900ft².

The main floor's interior will measure approximately 6,150ft² with outdoor living spaces measuring 2,000ft², which will serve as an extension to an on-site member’s private property.

The development's facilities will include firepits, grill stations, pickleball courts, workout spaces, lounges, a woodshop, a coffee bar, liquor lockers, a communal kitchen, a terrace, a theatre, and other exterior amenities.

President of Artessa's Lifestyle Communities Dena Meyer said: “Artessa Mound Harbor provides members with an alternative to owning a single-family home or a townhome.

“It’s an appealing option for people looking to enjoy a home where they can collectively own and control the cooperative community in which they reside.”

AI adoption in the construction industry is gaining traction and will continue to grow over the coming years

The construction industry is at a disadvantage when considering AI adoption as it is a difficult industry to digitalize. The vast and complex data sets needed for building information management (BIM) have been historically difficult to process. However, this is becoming possible due to developments in chips and cloud computing. AI applications in the construction industry can facilitate planning, design, modeling, safety, site monitoring and maintenance, and emissions tracking. The increased interest in generative AI has also been felt in the construction industry.

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