Project cost: $70,000,000
Role: LaSalle Development Group acted as development team coordinator to and liaison between the Edina Partnership and the City of Edina in the development of Edinborough, a 26-acre, mixed-use project. The project consists of 392 condominium units, a 100,000 square foot office building, a 203-unit, senior retirement apartment complex, a 150-room Hawthorn Suites Hotel, and a one-acre, glass enclosed, city park. Mr. LaSalle was a partner in the condominium development. LaSalle Group was the FHA mortgagee in the 221(d)(4) insured senior apartment building.