New Perspective Senior Living Adds 22nd Community to Portfolio

Posted in Corp Site, News on February 12, 2019

MINNETONKA, MN–Committed to expanding its footprint and providing service and care for seniors throughout the Minneapolis/St. Paul area, New Perspective Senior Living announces the acquisition of its latest community, New Perspective – Carlson Parkway. The acquisition marks the company’s entry into the northwest corner of the Twin Cities. Along with its eight other local communities, New Perspective – Carlson Parkway enables the company to now reach seniors throughout the Twin Cities market. The 89,883 square-foot, three-story community is located at 500 Carlson Parkway, Minnetonka, Minnesota and features 87 assisted living and 35 memory care apartments.

“We are excited about being able to serve the cities of Minnetonka, Wayzata, Plymouth, Golden Valley, Maple Grove, Hopkins and beyond,” said New Perspective President and Chief Financial Officer Ryan Novaczyk. “It is our first location in the northwest suburbs of Minneapolis and an important step in serving seniors and their families throughout the entire Twin City area.”

As part of the acquisition, the Eden Prairie, Minnesota based company is planning a multi-million-dollar renovation. The project, beginning this year, will focus on improving the resident and family experience throughout the building.

“The exceptional location, in Minnetonka and across from the Carlson Towers, provides convenient access to a wide variety of area resources and attractions,” said Chris Hyatt, New Perspective Partner and Chief Operating Officer. “With our planned renovation and expansion, we will add to the already great features of the building with fresh new spaces and resident-centered amenities.”

Under New Perspective, residents and their families can expect a commitment to putting residents first and providing them with opportunities to live life on purpose each day, something that has been the hallmark of the 20-year old company. Services and activities offered include daily concierge access, dining, housekeeping, activity transportation, and on-site physical therapy and wellness services.

“We have a fantastic team at Carlson Parkway and we’re all excited about joining such a great company. We’ve embraced the New Perspective foundational belief—that all seniors deserve to live life on purpose—and look forward to demonstrating that to our residents and families each day,” said Lisa Curry, Executive Director at New Perspective – Carlson Parkway.

New Perspective Senior Living is a family owned company that develops, owns and operates vibrant senior living communities in Minnesota, North Dakota, Wisconsin, and Illinois. It currently operates 22 senior living communities serving over 2,000 seniors through independent living, assisted living, and memory care options, with a goal to be serving 10,000 seniors by 2025. Based in Eden Prairie, MN, the company has won multiple awards including 2018 Best of Senior Living, Top Assisted Living Facility, Best-of-the-Best Dining Experience and Top Workplaces.