Groundbreaking Ceremony & Luncheon For Luxury Regatta Wayzata Bay Condos

WAYZATA, Minn., Oct. 22, 2013 /PRNewswire/ -- Award-winning land development company BohLand Development, Inc. announces the launch of Regatta Wayzata Bay Residences with a groundbreaking ceremony and luncheon at noon on Wednesday, October 23, 2013 at the construction site, 875 Lake Street (the corner of Mill & Promenade), in Wayzata, Minn. BohLand owner Steven Bohl and Wayzata Mayor Ken Willcox will be in attendance at the groundbreaking ceremony.

The Regatta Wayzata Bay Residences are a part of The Promenade of Wayzata, a unique large scale multi-use development offering 59 luxury all-ages condominiums, ranging from $450,000- $2,000,000+ with square footage ranging from 850 to 4,500. The units include secure underground parking and private outdoor balconies, and all residents will have exclusive access to the rooftop terrace kitchen, the club room and plaza deck, dog wash and pet area, 24-hour fitness room, and business space. The Promenade of Wayzata also has heated streets and sidewalks with geothermal energy, plus 130,000 of retail, a boutique hotel, Lunds Kitchen (opening in March 2014), Sotheby's and senior housing units.

The Regatta Wayzata Bay Residences are one of only two condominium projects currently under construction in the Twin Cities area. "The demand has been overwhelming; since June, 45% of the units have been sold under full contract and I attribute that to pent-up demand, shortage of inventory, changing demographics and buyers seeking new innovative housing products," said BohLand Development President and longtime Wayzata resident Steven Bohl. "There's nothing else like this in the Twin Cities, and it is attracting the affluent and educated buyer who enjoys traveling and has a second home, and still wants to own their home without all the maintenance."

Cuningham Architecture Group designed the exterior and interior common spaces, creating upscale areas to entertain, and ample exterior spaces to enjoy Minnesota summer nights.

Those wishing to attend the ceremony and luncheon are asked to RSVP by calling Mallory Busacker at 952-473-2089 or 612-799-3157.

BohLand Development and The Regatta sales center is located at 825 Wayzata Blvd East, Wayzata, Minnesota 55391. Contact them at 952-473-2089 or www.RegattaWayzataBay.com.

SOURCE BohLand Development