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11-25-2019
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Last modified
1/29/2025 9:16:35 AM
Creation date
1/29/2020 1:23:30 PM
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MV Commission Documents
Commission Name
Economic Development Authority
Commission Doc Type
Agenda Packets
MEETINGDATE
11/4/2019
Commission Doc Number (Ord & Res)
0
Supplemental fields
Date
11/4/2019
EDA Document Type
Council Packets
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3 <br />Augusta Development LLC (AD) is a real estate development firm focused on senior living centers, market rate apartments and mixed‐use developments. AD prides itself on <br />partnering with industry leading architects, contractors and operators to build and operate top‐line facilities for its clients and ownership partners. AD’s team of partners have <br />combined to develop over $1.0 Billion in projects the past 10 years, consisting of over 100 projects and 7700 living units. Some highlighted Senior Living Projects include the <br />Yorkshire of Edina (100‐unit IL,AL, MC Senior Housing), Havenwood of Richfield (88‐unit IL, AL, MC Senior Housing Project), Legends of Champlin (184‐unit IL Senior Housing), <br />St. Therese of Woodbury (216‐unit IL, AL, MC, SC Senior Housing), Woodland Hills (160‐Unit IL, AL, MC, Senior Housing), and Havenwood of Minnetonka (101‐unit IL,AL, MC Senior <br />Housing) just to name a few. Augusta Development’s team seeks and secures strong marketable sites for its projects that provides for successful development, completion and well <br />desired interest from the marketplace. Augusta Development’s continuous involvement from start to finish as well as significant ownership once completed ensures that all partners <br />and owners receive impeccable service in each new project. <br />Bo Nickoloff <br />(651) 324-9492 <br />bnickoloff@mesabacapital.com <br />Bo Nickoloff focuses on financial analysis, profitability, deal flow and partnerships for Augusta Development’s projects. He has <br />acquired these skills over the past 25 years as the Founder of Augusta Development, a boutique strategic advisory and <br />business management company and President and CEO of Larex, Inc. He applies these various skill sets developed over this <br />time to help grow and expand Augusta’s business. <br />Jared Gruett <br />(651) 600-6731 <br />jared.gruett@gmail.com <br />Jared is a licensed real estate agent in Minnesota and Wisconsin. Jared brings 24 years of business, real estate and <br />development experience to the Augusta Development team. He currently owns and manages a portfolio of industrial, <br />commercial and residential properties as well as bar & restaurant in Downtown Minneapolis. He has successfully navigated <br />the development process and completed projects in several Metro Area cities. His applies his experience and people skills to <br />the management of Augusta’s projects, helping to ensure that the projects stay on track. <br />Our Team
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