The Joint Development Authority chose Alatus, LLC as the master developer for Rice Creek Commons, a 427-acre prime redevelopment opportunity in the Minneapolis-Saint Paul metropolitan area.
Alatus will help guide the overall residential and commercial development of the Rice Creek Commons site, an area large enough to fit all of downtown Saint Paul with room to spare. Located in Arden Hills, Minnesota, Rice Creek Commons is only 10 miles from both the Minneapolis and Saint Paul downtowns. When it is redeveloped, it will be home and workplace to thousands of families.
Soil remediation to residential standards was completed in November and was verified by the Minnesota Pollution Control Agency (MPCA) through its Voluntary Investigation and Cleanup (VIC) program and the Environmental Protection Agency (EPA).