As developers have now placed their bids for the new 427-acre Rice Creek Commons master plan, we’re now just one step closer to having this dynamic new re-development project come to life. According to a report from the Minneapolis/St. Paul Business Journal, four development groups have all submitted proposals to Ramsey County and the city of Arden Hills, which include Alatus, Kraus-Anderson Cos. and Elion Partners, Opus Development Co. and Pulte Homes, and Ryan Cos. US Inc. and Lennar Corp.
Both Ramsey County and Arden Hills requested proposals back in February, with the city specifically wanting a mixture of residential housing, commercial space, and retail space within the new Rice Creek Commons master plan, which will assume the site of the old Twin Cities Army Ammunition Plant.
Conveniently located just 10 miles from both downtown Minneapolis and downtown St. Paul, the 427-acre site is actually equivalent to the size of downtown St. Paul and will certainly become a premier place to call home for suburban home buyers looking for a convenience, all-inclusive community to live. And because Rice Creek Commons is also the final large-scale redevelopment opportunity in the entire Twin Cities region, you can bet the stakes are high for both developers and home buildings hoping to become a part of the project.
For a closer look at the future Rice Creek Commons community, check out this very well-done video below, which gives a pretty comprehensive rundown of what to expect.