Economic Development

Posted on: May 4, 2017

Public Hearing Set for Riverdale Station Apartments

Proposed Riverdale Apts

The Planning Commission will consider a site plan for a residential development next to the Northstar Commuter Rail station on Northdale Boulevard (behind Target) on Thursday, May 18 at 6:30 p.m. at the Coon Rapids City Center located at 11155 Robinson Drive.

This land is owned by the Anoka County Regional Rail Authority. Minneapolis-based Sherman Associates proposes a four-story 181-unit market rate apartment building, a four-story 70-unit mixed-income apartment building and a small retail component. The apartments are expected to include many amenities, including a dog run, playground equipment, underground parking, walking paths, and improved access to the transit station.

The market rate units would have rents between $1,200 and $1,750 per month and the affordable units would have rents between $800 and $1,200 per month. The apartments would be oriented toward empty-nesters, professionals, and other area households, particularly those who use the Northstar commuter rail. The 48 affordable apartments would be restricted to households earning 60% of the median income, which translates to over $50,000 for a family of four. Including the affordable apartments in the overall project was critical to attracting funding sources to construct this contemporary project with a high level of amenity.

The City adopted a development framework for the site in 2007 that envisioned a residential development that would capitalize on the presence of the transit station and create a sense of place with strong pedestrian connections and open spaces. In the last few years, as the housing market has improved, the City and County worked together to identify a developer for the site. City Council members and County board members toured several developments around the Twin Cities and met with various developers. Through those meetings, it was determined that the development needed to include primarily housing, as opposed to retail or office uses. The broader area includes a large amount of retail and office development already and this site does not have the visibility from Main Street or Highway 10 that larger retailers expect. The retail component of the proposed project might include a small coffee shop or similar retail use. Ultimately, the City and County opted to work with Sherman Associates on the project. Sherman, which has managed other apartments in Coon Rapids, demonstrated a strong track record of building well-managed, high-quality apartments.


Questions or comments about the site plan can be directed to Scott Harlicker at sharlicker@coonrapidsmn.gov


See the NEW proposed Building Drawings Here

View the Proposed Site Plan Here
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