RiversEdge is an innovative public-private project that creates jobs, revitalizes our capital city’s historic riverfront and expands direct public access to one of Minnesota’s greatest natural resources – the Mississippi River. The interwoven pieces of public park, office space and housing can position the region as a place where Minnesotans want to stay and where professionals from around the country want to move.
AECOM has proposed a more than $800 million development that represents a once-in-a-century opportunity to transform an urban tract of land into a welcoming, mixed-use experience for all Minnesotans. The first of four towers is slated to include residential housing, with future spaces programmable based on market-driven demand. The development will bring a significant influx of long-term residents to downtown Saint Paul, who will be within walking distance of locally owned shops, restaurants, performing arts centers, higher education institutions and places of worship.
Phased construction of Class A office and residential space, and street-level retail, entertainment and hospitality.
A land-bridge extension of public park space over Shepard Road and the adjacent railway, extending downtown Saint Paul directly to the Mississippi River, doubling the usable area of the site.
Integrated public spaces including the first section of the city’s proposed River Balcony, a river-level esplanade, and an amphitheater and bandshell overlooking the river.
New roadway connections to the site and supplemental parking.
A $5 million contribution from the developer to an affordable housing trust fund, which would be used to expand housing options in Saint Paul.
The Park at RiversEdge
The Park at RiversEdge is a nine-acre urban park that will create a new, dynamic front door to downtown Saint Paul and the Mississippi River. By extending the developable area of the site’s bluff level, descending over the railroad and Shepard Road to the Mississippi River’s edge, the park is the bridge and critical component of AECOM’s proposed $800+ million private development that will transform how regional residents and visitors connect with the Mississippi River.
Ramsey County is seeking a state investment of $40 million dedicated to the design and construction of the Park at RiversEdge. This funding, along with Ramsey County’s match, is critical to making this premier yet challenging location work to its highest and best use, to encourage private development that boosts jobs, tax base, and access to the park space and regional amenities. The public park space and the private development are intrinsically linked.
- 9+ acres of new urban park space.
- Expanded public access to the Mississippi River from the downtown bluff to the shoreline.
- The first section of the city’s proposed River Balcony.
- A dynamic community gathering place for public events.
- Dedicated retail and restaurant space.
- Trails that connect people to the Mississippi River, downtown Saint Paul and other regional trail systems.