7500 York Cooperative

About Us

We Put Community into Senior Living

The cooperative lifestyle provides the benefits of senior-housing ownership along with the freedom from home maintenance.

7500 York Cooperative is a limited equity cooperative built for those who value spacious 1, 2 and 3 bedroom homes in a community that offers extensive amenities in a participatory environment which enriches lives of members. Come discover the excellence in cooperative living at 7500 York Cooperative. Free yourself from the chores and expenses of home ownership or renting and enjoy an array of life long learning and activities.

Living in Style

7500 York Cooperative offers ten spacious floor plans, all having large kitchens, spacious living rooms, accessible bathrooms and closet space.  We welcome you to our virtual tour of our common areas and units.

Financial Benefits

Discover Edina’s best kept secret as 7500 York Cooperative combines a great location, vast amenities, and an impeccable reputation at a highly desirable cost. Your membership purchase yields low monthly costs, annual equity appreciation and tax benefits that are unsurpassed.

Amenities

• 337 spacious 1-bedroom, 2-bedroom and 3-bedroom floor plans in a 9-story building.
• The Yorke Room restaurant offers gracious dining, Monday through Saturday evenings, brunch on Sundays, lunch on Mondays and breakfast on Tuesday and Friday for residents and their guests. By reservation, Priority Reservation holders and their guests are welcome to enjoy the Yorke Room as well.
• Community Areas include:

1. Cultural Arts Center 
2. Hobby Room
3. Library 
4. Workshop
5. Garden Plots 
6. Beauty/Barber Shop
7. Fitness Center 
8. Yorke Stop & Shop Grocery
9. Party Room 
10. Card Lounge
11. On-Site Banking 
12. Computer/Copier Room
13. Game Room 
14. Walking Paths

• A wide variety of activities and educational opportunities planned by and for the residents.
• A mini-bus providing transportation to shopping and other services in the Southdale area.
• Underground heated parking at an additional cost.
• Laundries on each floor with complimentary washers and dryers, folding and lounge areas.
• A 24-hour emergency pull-cord in every bathroom, bedroom and kitchen.
• 24-hour emergency response staff.
• Additional storage room for each unit easily accessible on your floor.
• Six guest rooms.
• Six elevators.
• Rich recreational, cultural, business, religious and heath care resources of the Edina-Bloomington-Richfield area with easy access to downtown Minneapolis. Close to Centennial Lakes, Southdale Shopping Center, Hennepin County Library, YMCA, Mall of America and Fairview Southdale Hospital.

Co-op Living

Mission Statement

The Mission of 7500 York Cooperative is to provide a safe, healthy, and pleasant home for its members to enjoy an active, independent lifestyle in a senior cooperative environment.

Membership in a Co-op

Persons applying for membership at 7500 York Cooperative must be 55 years or older, meet the minimum income requirements and pass a criminal background check. Membership is open to all persons, regardless of race, color, creed, national origin, gender, marital status, religion, disability or sexual orientation.

Purchasing a Co-op Share

The Cooperative has been created for the benefit of each person in conjunction with that of fellow members. Prior to occupancy, each member indicates his or her intention to join by signing a Subscription Agreement. This agreement sets forth the Corporation's promise to entitle the member to occupancy of a specific dwelling unit in the community and the member's agreement to purchase his or her proportionate membership share.

In addition, the member enters into an Occupancy Agreement with the Cooperative Corporation. This agreement specifically defines the member's right to occupancy of the dwelling unit.

There are 337 units in the building and 337 shares in the Cooperative. Those selecting a unit purchase one share which increases in value each year. When a member sells, the share value, including the member's equity build-up less the selling cost, is returned to the member upon resale of the share.

Co-op Organizational Structure

7500 York Cooperative is governed by a nine person Board of Directors who are all members and resident owners.

The Board of Directors, which is elected by the membership of the Cooperative, has established 11 standing committees of residents who guide the Board in its policy making function. Committees include Finance, Executive, Food Service, Property, Resident Activities, Furnishings, Nominating, Archives, Resident Services Advisory, Yorke Stop & Shop  and Resident Fund.

Opportunities for involvement and participation in the community of 7500 York are many and varied. There are 14 Resident Activity sub-committees, which meet regularly to discuss, plan, and implement the many activities offered. Interest areas include: Life Enrichment, Pastime Pursuits, Music & Arts, Workshop, Exercise, Gardening, Neighbor Awareness, Games, Big Screen, Bulletin Board, Excursion, Library, Men of Yorke and Newsletter.

These sub-committees are joined by the Floral, Yorke Room and Membership & Marketing Committees, which are sub-committees of other standing committees. Ad Hoc committees are established when needed.