Aster at Riverdale Station

Type: New Construction
Role: Developer, Owner, Manager
Building Space: 192 Market-Rate Units

Project Value: $44 Million
Financing: First Mortgage, Owner Equity
Location: Coon Rapids, MN
Year Completed

Overview / Details

Aster delivers 192 smart luxury apartment homes to Coon Rapids, featuring alcove, 1-bed, 1-bed + den, 2-bed, and 3-bedroom floor plans ranging from 645 – 1490 SF.

Every home at Aster features STRATIS Smart Home Technology, quartz countertops, kitchen tile backsplash, wood-look LVP flooring, stainless steel appliances, and GE© in-home washer and dryer.

Building amenities include two outdoor patios with grilling stations and a pool and hot tub; lounge with full kitchen and fireplace; coworking lounge; sports simulator lounge; game room with billiards table, shuffleboard and darts; 24-hour fitness center with Fitness on Demand virtual classes; sauna; bike storage, private resident storage; underground parking; private dog run; and pet spa.

Adjacent to Riverdale Station on the NorthStar Commuter Rail and just one block from Riverdale Commons shopping center, this development offers direct access to downtown Minneapolis and proximity to Coon Rapids’ abundance of retail, restaurants, entertainment, and recreation.

Riverdale Station is a new construction, mixed-use, multi-phase project in Coon Rapids. Phases I and II included Lyra, a 180-unit market-rate building, and Nova, a 71-unit mixed-income building. A future phase is planned for an active senior (55+) apartment building as well as a small freestanding build to suit commercial pad.

Energy usage for Aster is partially offset by energy production from a solar garden located in Washington County.