A city of La Crosse panel hopes to be ready to move forward with developing Riverside North by the end of the year.
The city’s Redevelopment Authority met in closed session Thursday to discuss an operational agreement with a master developer for the former Mobil Oil site.
“We’re making really great progress on that agreement,” said city economic development planner Andrea Schnick after the meeting.
The proposed agreement would assign a developer to curate the site, leading the way on continuing market analyses, engineering and infrastructure, and facilitating agreements with subdevelopers as the large development moves forward.
A public community design process in May 2014 left the city with a detailed vision for the 35-acre property between Copeland Avenue and the Mississippi River, which is one of the last significant parcels of land available for development within the city.
Since then, the city’s planning department and the RDA have worked to find developers interested in turning that vision into a reality, sending out a request for expressions of interest last year and then a request for proposals in February 2017. The RDA narrowed the respondents down to three early this year, and plans to announce its final choice in the coming months.
The three groups considered for master developer, all of which were interviewed by the RDA in April of this year, include:
- The Weber Group, Black Cap Halcyon, FJ Brennan and TKWA.
- Wired Development, Short Elliot Hendrickson, Rinka Chung.
- Sherman and Associates, DBS Group, Signet, Kaas Wilson Architects, Ecumen, Propco Capital Trust.