Population growth in Mankato has been strong and new housing development has been well-received in the market. We anticipate that growth in Mankato could exceed our projected growth over the long-term depending on the ability to place a variety of new housing products into the market and provided employment remains strong.

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Demographically, most of the growth in Mankato and the Market area is within the older adult cohorts (led by Baby Boomers) and from older Millennials and GenXs in their 40's and early 50's. Many of these householders desire alternate housing products that while offered in the market, a greater variety of housing options need to be available to satisfy a broader range of income and market segments. 2025 Housing Study Needs and Analysis. Provided by Maxfield Research and Consulting

 

Aveyda Preserve offers a total of 122 residential homes. The North Block consists of 34 Slab-on-grade Style Single Family homes of which fifty percent offer pond and nature views. The South block consists of 54 Slab-on-grade Style Single Family homes and 34 Slab-on-grade Style Single Family Attached homes.

 

The Developer is sensitive to maintaining a high quality & aesthetically pleasing environment and intends to maintain the property in the development with a high quality of standards to enhance the neighborhood and community of Mankato.

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The Planned Unit Development will be accessed from Hoffman Road which is a dedicated public road to the City of Mankato. The private drives will remain private and be maintained by the Owner's and/or Association.