The 300-acre
Riverpoint West area is located directly south of the Central
Business District, north of Gray's Lake, and east of Water
Works Park. It is bounded by the new Martin Luther King, Jr.
Parkway (currently Market Street) to the north, SW 9th Street
to the east, and the Raccoon River to the south and west.
The Riverpoint
West project involves an exciting opportunity to develop a
vibrant, mixed-use urban village with approximately 1,000
residential units, 850,000 square feet of low-rise office
and retail space, and environmental and recreational enhancements.
By creating interdependency with the Central Business District,
Riverpoint West can enhance the success of downtown redevelopment
initiatives by meeting its need for new workers and consumers,
providing parking, and offering support services.
The Riverpoint
West project is expected to create 1,000 jobs and increase
the tax base twelve-fold from approximately $12 million to
more than $140 million. The project will contribute to the
long-term economic viability of the downtown core and serve
as a national model of effective public/private cooperation.
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