Third Building Planned for Reserve at Arbor Lakes
The Maple Grove Planning Commission recommended approval for a third apartment building at the Reserve at Arbor Lakes.
The first building has more than 250 apartments and is 77 percent leased. The second building opens in September. The third building will have 162 apartment units. Eventually the Reserve will have four buildings with 700 apartments.
Branded “luxury living,” the Reserve offers rents ranging from $1,500 for a one-bedroom to $2,700 for a two-bed, two-and-a-half bath. Amenities include an outdoor heated pool, an indoor spa, a movie theater and a golf/sports simulator. There’s even a pet spa.