MARYVILLE, Mo. — A housing development company unveiled plans for a new senior cooperative to dozens of community members and public officials Wednesday.
Speaking to two well-attended sessions at the Mozingo Lake Recreation Park conference center, representatives from Vintage Cooperatives gave potential residents an idea of what they could expect with floor plans, services and a ballpark idea of prices.
“We’re excited to come to Maryville,” said company founder Jeff Ewing, who said he attended Northwest Missouri State University.
The co-op will be open to people age 55 and up. A complete list of features and floor plans, which are all one-level, is available at vintagecooperatives.com/locations/maryville.
According to documents distributed at the presentations, pricing has yet to be determined, and will be based on market studies of the area, projected costs, number of units and unit types. However, the company provided a set of projections it said were standard in the senior housing cooperative industry for 2019:
|Unit Type||Unit Size||Share Price Range||Monthly Charges|
|1BR+Den/1BA||~1,100 sq. ft.||$140,000 – $150,000||$1,350 – $1,500|
|2BR/2BA||~1,275 sq. ft.||$165,000 – $175,000||$1,700 – $1,850|
|2BR/2BA+Den||~1,400 sq. ft.||$190,000 – $200,000||$1,800 – $1,950|
|2BR+Den – 3BR||~1,600 sq. ft.||$220,000 – $230,000||$2,100 – $2,250|
Some customization of unit interiors will be available before design and construction begin.
Vintage Cooperatives plans to move forward with building the units at a location on Country Club Road near Northwest’s campus and Donaldson Westside Park. Ewing said the lot is currently owned by the Northwest Foundation, and the two are working out details about the property. The location would also be outside city limits, but Ewing said his company and the city have talked about the possibility of the city annexing the area.
The Maryville co-op will be the company’s first outside of Iowa, where it currently operates eight similar developments with plans for more.
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