FOR IMMEDIATE RELEASE
Ryan Companies Plans Healthy Village for 100 Acres in Maple Grove
Minneapolis, MN (January 28, 2020) Ryan Companies US, Inc. announces plans for a healthy village concept on 100 acres of land in Maple Grove, Minnesota. Ryan has acquired the development rights for the land located along Interstate 94 in Maple Grove and will continue working with the City of Maple Grove to bring the concept to life.
Ryan is partnering with North Memorial Health to plan a mixed-use health village that will recognize Maple Grove Hospital as the anchor of the project and will support an active, healthy environment to live, work, play, and heal. Ryan has developed several projects surrounding the 100-acre parcel over the past several years including; The Grove Retail Village and several medical office buildings.
“Beyond having the unique opportunity to develop a special place, we are excited about the opportunity to strengthen brand awareness for the health system and help it establish an even better connection with the community,” said Erwin Effler III, vice president of real estate development at Ryan. “The healthy village will also provide an opportunity for North Memorial Health to foster collaborative partnerships with healthcare providers, academia, and other healthcare-oriented businesses,” said Mike McMahan, Ryan’s national healthcare leader. The new village is expected to include healthcare, wellness, senior living, multi-family, office, hospitality, retail and public spaces. The natural wetland, trees and pastoral landscape provide an abundance of green space and trail connections to the larger regional networks.
Maple Grove Hospital recently celebrated its ten-year anniversary just adjacent to the property. “North Memorial Health is excited about the opportunity this land and partnership with Ryan brings,” said Andy Cochrane, CEO of Maple Grove Hospital. “Having the flexibility to evaluate expansion in our growing market and improve access to care for the community is something we look forward to in our next chapter.”
Ryan Companies will partner with the City of Maple Grove, North Memorial Health and other project partners to develop the land with the first projects expected to break ground in Fall 2020 or Spring 2021.
About Ryan Companies US, Inc.
Founded in 1938, Ryan Companies offers comprehensive commercial real estate services as a national developer, architect, capital investment consultant, builder and real estate manager with a focus on bringing lasting value to its customers and the communities in which it works. Ryan market depth includes retail, industrial, healthcare and senior living. Ryan development and corporate build-to-suit work spans a wide range of product types including office, mixed-use, hospitality, multifamily housing and mission critical facilities. Ryan has nearly 1,500 employees in 15 offices and has completed projects in 39 states. For more information, visit ryancompanies.com.
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