Pillars of Hermantown adds 105 senior living units to community

The Oppidan Investment Company and Ebenezer Management Services partnered on the $37 million project.

HERMANTOWN — A large crowd filled the lobby of the newest senior living community, called Pillars of Hermantown adds 105 senior living units to community located at 4110 Lavaque Road, during a ribbon-cutting event on Thursday, Feb. 22.

Oppidan Investment Company and Ebenezer Management Services partnered on the $37 million project, respectively.

"They're constantly thinking of their seniors that they're serving. They are sought after as a highly regarded employer and are best in class when it comes to care," Oppidan Vice President Investor Relations Jamie Korzan said of Ebenezer. The Pillars of Hermantown marks the ninth project the two companies have collaborated on. Twin Cities developer Oppidan received final approval for a scaled-back version of the original project in April 2020.

In August 2022, Pillars of Hermantown LLC purchased the 10-acre residential property from KTJ 360 LLC for $975,000.

Hermantown Area Chamber of Commerce President and CEO Kim Parmeter said many workers were employed on the labor of the project, and that it will continue to have a profound economic
impact on the area for years to come.

"It's a place where our loved ones can live out their golden years, close by, with dignity and excellent care," Parmeter said. "Our independent living seniors — you've chosen a great community with wonderful recreational options, a little retail therapy and nature all around."

The three-story building houses 105 units (including 20 memory care units), for seniors at least 55 years old. Monthly rental prices range from the upper $2,000s to $6,000 per month, in addition to services.

It is a private pay community where residents receive personalized support depending on their needs. There are options for independent living, assisted living, memory care and stay-by-day.

Pillars of Hermantown employs roughly 50-60 full- and part-time staff, including resident assistants, programming staff, housekeeping and maintenance workers.

According to Jon Lundberg, the president and CEO of Ebenezer, as of Thursday, Feb. 22, there were 13 residents living in the building, with reservations for about 50 others.

Korzan added, "If we find that we're successful — which I think we already know it is because of how pre-leasing has gone here, and the excitement that we've had over the community — we're
definitely going to be looking for future opportunities in the Twin Ports area."

Dean and Georgia Stankey moved into a two-bedroom assisted living apartment at Pillars of Hermantown on Feb. 19. The decision to leave their home and friends in Mankato, Minnesota, came after Georgia Stankey fell in the shower, resulting in several broken bones.

"It was bittersweet," Georgia Stankey said. However, the couple is looking forward to living closer to their daughter, and keeping busy with all the activities that the senior living community offers.

The philosophy of the new senior community is to provide its residents with lifelong learning, memory care, food, faith, personcentered care and intergenerational connections.

Floor plans range from studios, one-bedrooms (with an optional den) and two-bedrooms — all pet friendly. Many of the apartments are equipped with washers and dryers, walk-in closets, balconies, roll-in showers and utilities. Extra storage and heated underground parking is also available.

The building also offers community rooms, a rooftop deck, sunroom, library, chapel, theater, pub, pickleball court, outdoor spaces, dog-washing station, fitness center, salon, sauna and more.

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