The Doran Group Announces $28 Million Sale of The Village at Arbor Lakes in Maple Grove, Proceeds to be reinvested into new projects, including The Linden House in Hudson, WI

Eden Prairie, MN – The Doran Group today announced the successful sale of its retail center, The Village at Arbor Lakes, to Curbline REIT for $28 million. The sale marks another strategic step in the company’s ongoing efforts to optimize its portfolio and redeploy capital into new development opportunities across the Upper Midwest.

 

Proceeds from the sale of the neighborhood retail center will be reinvested into a pipeline of new projects, including The Doran Group’s continued expansion into the active adult housing sector with its second 55+ community, The Linden House, planned for Hudson, Wisconsin.

 

“The Village at Arbor Lakes has been a strong-performing asset for our portfolio, and we’re proud of the role it has played in serving the Maple Grove community,” said The Doran Group President and CEO Evan Doran. “At the same time, this sale allows us to strategically redeploy capital into new developments that align with our long-term vision for growth, including expanding our footprint in the active adult space.”

 

The Linden House will be a 128-unit active adult (55+) apartment community located in Hudson, Wisconsin. Building on the momentum of the company’s first 55+ development, Olinia-Maple Grove, the project reflects The Doran Group’s continued commitment to delivering high-quality, lifestyle-oriented housing options for the region’s growing population of active adults.

 

“As we look ahead, we remain highly confident in the demand for thoughtfully designed 55+ communities,” said Doran. “The Linden House represents the next step in building a scalable active adult platform, and Hudson is an ideal regional community for this type of housing.”

 

The Doran Group will continue to leverage its fully integrated platform – spanning development, design, construction, and property management – to execute on The Linden House and future projects throughout the region. Construction is expected to get underway later this spring on The Linden House.

 

Sean Doyle, AJ Prins, Charlie Hexum and Rob Wise with CBRE, Inc. represented the seller in the successful sale of The Village at Arbor Lakes.

 

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The Doran Group portfolio nominated for Minnesota Star Tribune awards

Minnesota's Best logo

We are humbled to see so many of our Twin Cities apartment communities nominated for The Minnesota Star Tribune’s “Best Apartment” award. We believe this is entirely because of our dedicated, creative and generous employees – including everyone from our maintenance, housekeeping, property management and leasing teams, to our architecture and construction teams. We’d be honored to have your vote at the link below!

VOTE HERE!

Finance & Commerce: Evan Doran, The Doran Group Named to the POWER List

 

 

Image of Evan Doran

Thanks to Finance & Commerce for including our President and CEO Evan Doran in this year’s POWER List. Here at The Doran Group, we are proud to be part of a robust, creative and resilient Twin Cities-based real estate industry. Real estate is all about partnerships – and it is those thriving partnerships that make every single project we develop, design, build and activate so meaningful for us. #partnerhip

 

 

 

Minneapolis/St. Paul Business Journal: Interview with CEO Evan Doran

Read today’s article in the Minneapolis/St. Paul Business Journal featuring The Doran Group President and CEO Evan Doran. Senior Reporter Caitlin Anderson asks his thoughts about both what is playing out in the market currently and what he anticipates in the future.

BRING THE CHEER: People Serving People Holiday Gift Drive

 

People Serving People is a crucial community partner here in the Twin Cities. Our residents are supporting families staying in St. Anne’s Place, a 16 room shelter in North Minneapolis. Want to learn more about the work of this important organization – or make a financial contribution? Visit the link here.

The Doran Group begins construction in Maple Grove on first Olinia-branded active adult apartment community

The 132-unit, $46 million project is first in what CEO Evan Doran says will become a luxury brand of senior living communities, with more sites across the region in development

 

Eden Prairie, MN – The Doran Group, a longtime developer of luxury multifamily apartment and townhome communities founded by the late Kelly Doran, announced today it has begun construction on Olinia-Maple Grove, marking the company’s official entrance into the active adult housing sector. The $46 million, 132-unit project financed by American National Bank is the first in what company president and CEO Evan Doran sees as a collection of boutique, highly crafted luxury apartment brands geared toward people age 55 and older.

“We believe there’s a growing demand among the discerning 55+ customer for something that feels intentionally boutique and beautifully curated,” said Evan Doran, president and CEO of The Doran Group. “Olinia-Maple Grove reflects our belief that luxury is about both exceptionally designed spaces and high-touch service that, together, inspire a strong sense of community for those who expect more from where they live.”

As part of its vision to expand the Olinia collection across the Twin Cities, The Doran Group’s four-story community at Olinia–Maple Grove will offer a mix of larger one- and two-bedroom homes, averaging 840 and 1,220 square feet respectively, plus private outdoor balconies for each home and underground heated parking. Located at 11751 Arbor Lakes Parkway N within the initial 40-acre Arbor Lakes area The Doran Group purchased and began developing in 2015, Olinia-Maple Grove will begin leasing in early 2026, welcoming new residents in spring of 2027.

“Maple Grove continues to be a place where residents can thrive at every stage of life,” said Maple Grove Mayor Mark Steffenson. “The launch of Olinia–Maple Grove reflects our commitment to ensuring high-quality, age-friendly housing that meets the needs of our growing 55+ community. The Doran family has long been a valued partner in shaping the Arbor Lakes area, and this latest project aligns with our vision for thoughtful, inclusive development.”

Olinia-Maple Grove will offer a broad variety of engaging activities within a boutique setting. Key amenities will include fresh interpretations of the traditional parlor, speakeasy and library, as well as a high-end fitness center, entertainment suite, arts and crafts studio, grab-and-go market, grandchildren’s playroom, sports simulator and more. During the spring, summer and fall, residents will also enjoy a thoughtfully designed outdoor terrace, complete with a plunge pool surrounded by reclining sun loungers, umbrella-shaded patio tables, multiple gas fireplaces and gathering areas, and an open-air kitchen featuring premium grills and quartz countertops.

“This is the first project we have broken ground on since my dad’s passing,” said Doran. “The post-pandemic real estate market has been slow to reenergize across the country, and it was important for me to take time to position our company for accelerated growth over the next several years. We have the resources combined with the right people in key positions to move quickly into this next phase of life for our company, and we are actively pursuing multiple sites across the state and region with the goal of breaking ground on a handful of projects over the next two years.”

The Doran Group’s second 55+ community received city approval last month in Hudson, Wisconsin and construction on the 128-unit Linden House-Hudson is expected to begin in the first half of 2026, with additional projects in planning phases in Rochester, MN and Madison, WI, in addition to the Twin Cities.

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The Doran Group Brings Home Gold, Silver and Bronze for “Minnesota’s Best” Apartment Communities

Thanks to our incredible residents, teams and partners, we are proud to announce that our apartment communities enjoyed a podium sweep at this year’s “Minnesota’s Best” Awards, sponsored by the Minnesota Star Tribune. Our Aria-Edina community took home 1st place for “Minnesota’s Best Apartment Community,” with Mill & Main taking 2nd place and The Reserve at Arbor Lakes placing 3rd. We couldn’t be more thrilled! And to top it all off, The Doran Group placed among the top three property management companies in Minnesota! Thank you to the Minnesota Star Tribune and its readers for this great honor.

The Doran Group Takes Home Gold

At the Twin Cities Business Magazine’s “Best of Business” awards dinner last night, The Doran Group took home GOLD in both the Real Estate Developer and Property Management categories! Cheers to our fantastic team. Their collective hard work, focused on delivering exceptional quality to our residents and tenants, is the reason we are excited for our future. Big things ahead!

Another great ULI Ideas Exchange

Thank you to the Urban Land Institute for hosting another outstanding Ideas Exchange this past week. The event centered on the profound impact of Baby Boomer retirements on multigenerational real estate ownership—an especially timely topic as many companies navigate the transition from one generation of leadership to the next.

As a locally owned, multigenerational business, we understand this journey firsthand. Our CEO and President, Evan Doran, was honored to share insights from our own succession planning process, which began nearly a decade ago.

Special highlights of the day included opening remarks from Paul Maenner of Maenner Properties and the keynote address by former Medtronic CEO and author Bill George, whose book True North continues to inspire leaders navigating change and purpose-driven growth.

 

The Food Group

Volunteering to Fight Hunger, One Meal at a Time

We were proud to spend the day volunteering with The Food Group, a Minnesota nonprofit helping to provide equitable access to nutritious food. Led by our incredible host, Lonny, our team helped package 5,740 meals—each one headed to Minnesotans living in rural, suburban and urban communities

This effort comes at a critical time. Last year, Minnesotans made nearly 9 million visits to food shelves—an all-time high and a sobering reminder of the growing food insecurity in our state.

To Lonny and the entire team at The Food Group: thank you for leading the way and inviting us to participate. We’re grateful for the opportunity to help.