Minneapolis/ Real Estate & Development

Mahtomedi's Fargo-Famous Lakeside Club Site Reborn as 55-Plus Complex

AI Assisted Icon
Published on September 16, 2026
Mahtomedi's Fargo-Famous Lakeside Club Site Reborn as 55-Plus ComplexSource: Lorie Shaull / Wikimedia Commons

A new 39-unit apartment community for residents age 55 and older is inviting prospective tenants, neighbors and curious locals to tour the building that replaced Mahtomedi's beloved, Fargo-famous Lakeside Club. The Lakes of Mahtomedi is planning an open house from noon to 4 p.m. on Wednesday, Sept. 30, according to the Pioneer Press, marking a milestone for a site that sat vacant for years after the old supper club closed.

The complex sits at 10 Old Wildwood Road, on the same ground where the Lakeside Club once drew crowds for decades, as reported by the Pioneer Press. The building is designed exclusively for those aged 55 and up, according to thelakesofmahtomedi.com, and offers dog-friendly, one-, two- and three-bedroom apartments. Prospective residents, community members and neighbors are all invited to attend the open house, per the Pioneer Press report.

The apartments themselves come stocked with amenities aimed at an active-adult crowd. The complex includes a fitness room, a golf simulator, a pet spa, underground parking and a rooftop lakeside lounge, according to the Pioneer Press. On the third floor, the Lakeside Lounge and Terrace pays tribute to the club that once stood there, giving new residents a direct nod to the property's past even as they settle into a very different kind of building.

From Supper Club to Senior Housing

The Lakeside Club has a long and storied history in Mahtomedi. It was started in 1946 by Al Mahmood and his brothers Oscar, Joseph and Ferris, and the Mahmood family owned the business for decades afterward, according to presspubs.com. At its peak, the supper club counted about 5,000 members from across the Twin Cities, the same outlet reports. The club also earned a place in pop culture as a filming location featured in the movie “Fargo.”

The Lakeside Club was shuttered in 2020 after roughly 60 years in operation, and the vacant building was later demolished following a fire in 2022, according to a report from twincities.com. That same year, city officials approved plans for the $14 million apartment project that would eventually rise on the site. It wasn't the first attempt at senior housing there — twincities.com notes that in 2014, city officials had approved plans for a different 39-unit senior cooperative on the property, but that earlier project was never built because the developer couldn't meet the required presale threshold.

Design Changes Along the Way

The project that ultimately broke ground looked somewhat different from its original pitch. Developers reduced the unit count from 41 to 39 and switched from a pitched roof to a flat roof, which brought the building's overall height down to 34 feet, 5 inches, per twincities.com's earlier coverage. Crews broke ground on the three-story complex in the spring of 2025, with Hearth Development and Nottingham Construction handling the build, the outlet reported at the time; that same account indicated the building was expected to open in April 2026 and that leasing was slated to begin in November or December beforehand.

The finished community sits less than a mile from downtown Mahtomedi, with access to the Gateway Trail and Katherine Abbott Park, according to thelakesofmahtomedi.com. Beyond the golf simulator and pet-wash area, the property includes a lower-level parking garage and office spaces for residents, features twincities.com detailed during construction. More information on the community is available at thelakesofmahtomedi.com, and prospective residents can reach the property directly at 651-571-3333.

For a town that watched its longtime gathering spot sit empty and eventually burn, the open house represents a chance to see what finally replaced it. Whether the building filled its leasing schedule as originally planned isn't addressed in available reporting, but the Sept. 30 event gives neighbors and would-be residents their first organized look inside.