Enclave Announces New Project in Oakdale - Renn & Royce

Written By Enclave Marketing

Enclave recently closed on a $110 million deal for a new multifamily and townhome development, Renn & Royce. The company’s latest project, located at 7701 3rd St. N. in Oakdale, MN, will be transformed into 112 townhomes and 262 multifamily units. Designed in collaboration with Kaas Wilson Architects, the team will break ground in August 2025 and is expected to be fully finished by Q1 2027.

Enclave will develop, construct and manage Renn & Royce, adding to the company’s growing portfolio of projects in the Twin Cities. Since 2019, Enclave has completed 15+ projects across the metro, was recently named Minnesota REjournal Developer of the Year, and secured the #4 spot on the The Business Journals list of largest real estate developers in the Twin Cities.

Creating Space to Thrive

"This project marks Enclave's latest development in the metro, and the first in this part of the Twin Cities. We are eager to contribute to the vibrancy of Oakdale and the surrounding area. The multifamily and townhome development is perfectly aligned with the community's needs; we believe Renn & Royce will be a transformative addition to the area, enhancing the quality of life for residents and fostering a strong sense of community," said Josh Wilcox, President of Development & Investments. "We are so thankful for our great partners who allow us to continue to deliver compelling projects."

The location of Renn & Royce, northeast of the I-494 and I-694 interchange, offers visibility from Interstate 94 and is on the Metro’s new Gold Line that opened in 2025. The high-profile site is near vast new industrial developments and retail along I-94 in Woodbury, as well as 3M’s world headquarters in Maplewood.

 

You Deserve a Little R&R

Renn & Royce invites residents to step away from the noise to quiet the mind and focus on what matters. A property that believes in the importance of R&R, every detail is thoughtfully designed for those who find the ultimate sanctuary at home, a space to thrive and truly recharge.

Multifamily Community

A 373,589-square-foot building, the apartment units and amenities will be spread across four floors. Renn & Royce Apartments will feature studio, one, two and three-bedroom units complete with an all-inclusive amenities package separate from the townhomes. Residents will enjoy an outdoor pool, expansive coworking space, clubroom, yoga & fitness studio, fourth-floor sky lounge with adjoining outdoor patio and more.

Townhome Community

Renn & Royce Townhomes will feature two, three and four-bedroom units, and its own set of stacked amenities including lawn care, snow removal, a detached clubhouse, outdoor pool and pickleball courts.

Project Partners

Enclave Marketing
Next

Enclave Named 4th Largest Developer in the Twin Cities Metro