Welcome to Folkestone Senior Living Community


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A future senior living community on the shores of Lake Minnetonka being developed by Presbyterian Homes & Services. Learn more about becoming part of this exciting community. Take a survey at the end of the program to tell us about yourself and a housing advisor will contact you soon.

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Welcome to Folkestone Senior Living Community

  1. 1. Folkestone Senior Living Community Wayzata, Minnesota Click on FULL below for best view
  2. 2. Dena Kuenzel Housing Advisor
  3. 3. Today’s Conversation <ul><ul><li>Introduction of staff, Presbyterian Homes & Services Mission </li></ul></ul><ul><li>Dena Kuenzel, Housing Advisor </li></ul><ul><li>Development and site plan </li></ul><ul><ul><li>John Mehrkens, Vice President of Development </li></ul></ul><ul><li>Apartment features and amenities, samples of apartment homes and pricing, reservation process, Home Connections </li></ul><ul><li>Dena Kuenzel, Housing Advisor </li></ul><ul><li>Question and answer </li></ul>
  4. 4. Presbyterian Homes & Services <ul><li>Mission </li></ul><ul><li>The mission of Presbyterian Homes is to enrich the lives of older adults through services and communities that reflect the love of God. </li></ul><ul><li>Vision </li></ul><ul><li>To provide more choices and opportunities for more older adults to live well. </li></ul><ul><li>Values </li></ul><ul><li>Compassion, Service, People, Stewardship, </li></ul><ul><li>Christian Ministry, Growth and Innovation </li></ul>
  5. 5. John Mehrkens Vice President for Development
  6. 6. Presbyterian Homes & Services <ul><li>Headquarters: St. Paul, MN </li></ul><ul><li>AAHSA Ziegler 100: PHS #4 </li></ul><ul><li>Assets- $826.7 M </li></ul><ul><li>Revenues 2011- $279.2M + 26.9 M Partnered </li></ul><ul><li>95% + Occupancy for Housing </li></ul><ul><li>97% + Occupancy for Care Center </li></ul>
  7. 7. Older Adults Served 2010 8.220 total 8.625 Total 9.688 Total 12.121 Total 17.195 Total 17.861 Total 22.680 Total
  8. 8. 17,861 Residents Served - 2010
  9. 10. Presbyterian Homes & Services <ul><li>Senior Housing & Care Centers </li></ul><ul><li>Creative Independence Home Care </li></ul><ul><li>Hospice </li></ul><ul><li>Creative Senior Dining </li></ul><ul><li>Senior Housing Partners </li></ul><ul><li>Senior Lifestyle Design </li></ul>
  10. 11. The Promenade of Wayzata Presbyterian Homes & Services
  11. 12. The Promenade of Wayzata
  12. 13. The Promenade of Wayzata <ul><li>Retail- 130,000 NSF </li></ul><ul><li>Hotel 100 rooms </li></ul><ul><li>Office 27,000 SF </li></ul><ul><li>Housing- 410 units </li></ul><ul><ul><li>255 Senior Housing units </li></ul></ul><ul><ul><li>155 Conventional units </li></ul></ul>
  13. 14. Folkestone A Presbyterian Homes & Services Senior Living Community
  14. 15. Just a few questions to get us started…
  15. 16. Fun Fact: <ul><li>The name Folkestone was inspired by the seaside village in the Shepway District of Kent, England. There, Folkestone is a thriving resort area known for its broad promenades, prominent green spaces and breathtaking views . </li></ul>
  16. 17. Folkestone
  17. 18. Folkestone
  18. 19. Folkestone Senior Living <ul><li>149 Senior Apartments </li></ul><ul><li>36 Assisted Living Apartments </li></ul><ul><li>20 Enhanced Assisted Living Apartments </li></ul><ul><li>19 Memory Care Apartments </li></ul><ul><li>30 Skilled Care Center Suites </li></ul><ul><li>45,000 sq. ft. Community Space-Town Center </li></ul>
  19. 28. Folkestone Senior Apartments <ul><li>149 Senior Apartments </li></ul><ul><ul><li>91 Apartments Superior Block attached through skyway </li></ul></ul><ul><ul><li>58 Apartments North Block </li></ul></ul>
  20. 29. Superior Block 2 nd , 3 rd , 4 th Floor
  21. 30. Apartment Features and Amenities <ul><li>Bright, open floor plans with 9-foot ceilings and gas fireplaces </li></ul><ul><li>Private balconies on all apartment homes </li></ul><ul><li>Complete appliance package with full size in-home </li></ul><ul><li>washer & dryer </li></ul><ul><li>All utilities, including heat, electric, central air conditioning, water and trash, local telephone service and basic cable service/installation </li></ul><ul><li>High speed internet connection as an option </li></ul><ul><li>Underground heated parking as an option </li></ul><ul><li>Social, spiritual, and physical wellness programs (WINGS) </li></ul><ul><li>Scheduled transportation </li></ul><ul><li>P ricing and amenities subject to change. </li></ul>
  22. 31. Two Bedroom/Sunroom 1900 square feet
  23. 32. Two Bedroom/Library 1835 square feet
  24. 33. Two Bedroom/Sunroom 1385 square feet
  25. 34. Two Bedroom 1230 square feet
  26. 35. One Bedroom/Sunroom 900 square feet
  27. 36. One Bedroom 840 square feet
  28. 40. Targeted Monthly Rental Fees <ul><ul><li>1 Bedroom: $1,890-$2,318 </li></ul></ul><ul><ul><li>1 Bedroom Plus Sunroom or Library: $2,205-$2,858 </li></ul></ul><ul><ul><li>2 Bedroom: $2,565-$3,094 </li></ul></ul><ul><ul><li>2 Bedroom Plus Sunroom or Library: $2,925-$5,209 </li></ul></ul><ul><ul><li>Pricing and amenities subject to change. Pricing is based on estimated averages and could fluctuate -7% or +7%. </li></ul></ul>
  29. 41. Target Refundable Entrance Deposit <ul><ul><li>1 Bedroom: $113,400-$139,050 </li></ul></ul><ul><ul><li>1 Bedroom Plus Sunroom or Library: $132,300-$171,450 </li></ul></ul><ul><ul><li>2 Bedroom: $153,900-$185,625 </li></ul></ul><ul><ul><li>2 Bedroom Plus Sunroom or Library: $175,500-$312,525 </li></ul></ul><ul><li>Only applies to Senior Apartments </li></ul><ul><li>The entrance deposit essentially reduces the monthly fee and is 100% refundable </li></ul>
  30. 42. Home Connections <ul><li>Realty and relocation assistance program brought to you by </li></ul><ul><ul><li>Presbyterian Homes & Services, </li></ul></ul><ul><ul><li>Coldwell Banker Burnet and </li></ul></ul><ul><ul><li>Gentle Transitions </li></ul></ul><ul><ul><li>Personal Move Manager with Coldwell Banker Burnet, plus a select group of realtors chosen for their expertise </li></ul></ul><ul><ul><li>Complimentary visit from Gentle Transitions to help with sorting, downsizing, packing and resettling </li></ul></ul>
  31. 43. Schedule and Timing- February 2011 <ul><li>Information meetings through February 2011 </li></ul><ul><li>Letter explaining reservation process will arrive </li></ul><ul><li>this month </li></ul><ul><li>Reservation process to begin March 7, 2011 </li></ul><ul><li>Anticipate groundbreaking 2011 </li></ul><ul><li>Construction completed 15 months </li></ul><ul><li>after groundbreaking </li></ul>
  32. 44. Steps to Becoming a Part of the Folkestone Community <ul><li>$1000 Refundable Reservation Deposit to select apartment of your choice </li></ul><ul><li>25% of Entrance Deposit at construction start </li></ul><ul><ul><li>1% return on the 25% deposit when you move in </li></ul></ul><ul><li>75% of Entrance Deposit within 30 days of receiving Certificate of Occupancy from the city of Wayzata </li></ul>
  33. 45. Take our Survey Click here For more information, contact Dena Kuenzel at 952-944-5737 [email_address] Information Office 201 Lake St. E (Coldwell Banker Burnet Office) Wayzata, MN 55391 Thank You!