Plans coming together for River Prairie project
Posted: December 14, 2012
The commercial component of the River Prairie Development in Altoona is beginning to shape as a local developer and the city work together to devise a plan that can be presented to the city council in the next month.
"We submitted a plan for council's review and some changes were recommended. Cedar Corporation is making those revisions to the master plan. We hope to submit a plan to the city council the second week of January," said Dean Larsen of Acquisition Realty & Development, who has been retained by the City of Altoona to assist with the project.
The northwest quadrant of the River Prairie Development along the Highway 53 Freeway and River Prairie Drive is expected to include a wide array of users, according to Larsen.
"We've focused on having a motel along River Prairie Drive, along with a convenience store, a restaurant and a mix of office and small boutique retail shops...leasing anywhere from 20,000 square feet to 1,500 square feet of space," said Larsen, who added that the preliminary plans include a pavilion along the river with access points to the water, park space and high-end, upscale multi-family housing. "We're looking at three- or four-story residential complexes," he said.
Once the Altoona City Council acts on the plan, Larsen said the public will be asked again to provide additional input.
The southeast quadrant is currently under development. Oak Leaf Surgical Hospital and Chippewa Valley Orthopedics are each constructing medical facilities. TBL