Chelsea Schneider, Innovations Content Manager, Aim
Elkhart is celebrating the next step in redeveloping its River District, with the launch of a $40 million mixed-use development that will bring retail and apartments to downtown.
The River Point West project comes just two years after Elkhart city leaders adopted a revitalization plan for the district.
“Not only has the plan included elements advocated by the public – including a local grocer – but the actions we have taken to date represent transformative progress we can all be proud of,” Elkhart Mayor Tim Neese said. “As the City continues to enhance public infrastructure in this area and solicit additional private investment around confirmed, anchor projects, I am excited by the vibrant future that lies ahead for the City of Elkhart.”
The development will feature a Martin’s Super Market, along with 6,000 square feet in additional retail space and 172 high-end apartments. River Point West marks the third anchor project for the River District, which altogether represents $170 million in public-private investment, including Regional Cities funding from the state.
“This type of development happens once in a generation, and we are proud to play a key role in downtown Elkhart’s resurgence,” said Brad Toothaker, managing partner of Great Lakes Capital, the leader on the project. “Our neighborhood center will serve as a catalyst for growth and redevelopment that will have a ripple effect throughout the entire urban core.”
The first portion of the development is expected to open in spring 2020, with the remainder complete the following year.