Rice Creek Commons development framework nears completion
Ramsey County and Arden Hills are actively reviewing a development proposal by Alatus LLC for the development at Rice Creek Commons, the site of the former Twin Cities Army Ammunition Plant in Arden Hills.
When fully realized, the mixed-use development will offer 1,460 housing units, support at least 4,000 living-wage jobs, and generate approximately $8.6 million in property taxes annually.
The largest Superfund site in Minnesota, Rice Creek Commons was cleaned to residential standards, clearing the way for a cohesive mix of residential and commercial neighborhoods surrounding an energetic, pedestrian-focused town center. The forward-looking, mixed-use development will include:
- A walkable town center with a lively main street and active green spaces.
- A wide range of housing for people in all stages of life, including apartments, condos, senior housing and single-family housing with affordable housing options.
- Commercial space, including retail, office, hotel, entertainment and a corporate campus.
- Parks, trails and other green spaces that connect to a regional system of trails and the nearby Rice Creek Wildlife Corridor.
The land will be developed in five phases beginning in 2018. Preparing the site for construction – including mass grading, utility installation and building out primary roadways on the site – will be put out for bid in late 2018.
The proposed development framework will be presented to the Joint Development Authority at its April meeting. The body will provide further direction on applicable legal documents including a Master Development Agreement and related Purchase Agreements. The proposed development is contingent on final approval from the Joint Development Authority, Ramsey County Board of Commissioners and Arden Hills City Council.