There’s an art to living. It’s doing more of what you want to do and less of what you have to do. It’s finding a community but still having your sanctuary. It’s making your space your own without starting from scratch. It’s not about having everything- it’s about having the things that matter. Artessa is for people who know it and are inspired to discover their art of living.

Members collectively own and control the cooperative community in which they reside. Members buy a share in the cooperative corporation, which owns the land, building, and any common areas. Members receive the exclusive right to occupy a specific residence. There is a member-elected board of directors and professional management to direct and assist in operations ongoing.

Artessa Development, an affiliate of Lifestyle Communities of Minnesota, is the developer of Artessa cooperative communities. This group brings over 35 years of experience creating cooperative communities under various cooperative brands throughout Minnesota and surrounding states. It is through this experience and relationships with thousands of cooperative members where we perfect the art of living.

Certainly, we are proud of the numerous cooperative communities that we developed or financed over the past 35 years. Please see an Artessa representative to schedule a tour at one of the communities that will be most comparable to your interests at Artessa.

Lifestyle Communities, an affiliate to Artessa Development remains a vital resource to the cooperative and works alongside the property management team providing lifestyle services to the members, board, and property management team. Located in Bloomington MN, FirstService Residential is the management company of choice for cooperatives and condominiums across many major metropolitan areas in the United States. The FirstService Residential Minnesota team combines its industry-leading experience and best practices with over 40 years of Twin Cities leadership in managing owner-occupied communities. Its reputation and mission of delivering exceptional service and solutions that enhance the value of every property and the lifestyle of every resident are widely respected in the marketplace and complement the Artessa Cooperative and Lifestyle Properties brands.

Yes, Artessa Development and affiliate Lifestyle Communities take great pride in working with the members to ensure an environmentally friendly and sustainable building. The Artessa Cooperative is designed to perform with high energy efficiency in both the member residences as well the common areas. Artessa properties are built following sustainability practices that lead to a better living environment for the members and more responsible means of construction than many other developments.

The following identifies the primary sustainability and energy efficiency measures used in Artessa:

• Electric Vehicle Charging Stations
• LED lighting extensively through common amenity areas and member residences
• Occupancy sensors are utilized in common spaces, such as stairwells and garages, to minimize energy consumption when spaces are lightly utilized or infrequently used throughout a 24-hour timeframe. Occupancy Sensors are also utilized for site lighting on parking and driving areas (Dark Sky Compliant)
• Energy Star Appliances

Building Materials & Practices:

• Low VOC paints, coatings, adhesives, and sealants
• Recycled content (50% post-industrial; 25% post-consumer)
• Regional materials (products produced within 500 miles of site)
• Environmental flooring
• Mold prevention materials for surfaces and shower/tub locations
• Construction waste recycling, salvaging, and landfill diversion (up to 75%)

The tax benefits are similar to those you enjoy with a single-family home. The real estate taxes and mortgage interest payment associated with your monthly membership fee can be tax-deductible. 

Your share will increase at a fixed annual maximum compounded rate (typically 2%, but this rate can be found in the cooperative’s governing documents).