In December 2020 Tycon Companies purchased the former Union Gospel Mission property on Snail Lake in Shoreview. Tycon's proposal to build a 55-foot-tall, 660-foot-wide, 268-unit market-rate apartment complex and 29 houses (also market rate) on that property. The scale of the project and its shoreland location would create a littany of potential problems for the lake and the surrounding streets and neighborhoods. After hearing concerns and criticism from the city planning commission, the city council and Shoreview residents, Tycon is revising its proposal, per city requirements. It is not yet known when Tycon will submit its revised plan or what that will look like.