Plans for a four-story, mixed-use building complete with “upper scale” apartments and first floor commercial space were unveiled to the Bismarck City Commission for development of the city-owned parcel located on the corner of Seventh Street and Main Avenue.
Currently a gravel parking lot used for Galleria Parking Ramp overflow, the proposed property at 630 E. Main Ave. would house about 40 apartments, some low-income, with high ceilings, south city views, underground parking and access to a rooftop patio.
The main level would feature 10,000 square feet of commercial office space, tenant-focused amenities and a conference/community room.
Community Contractors Inc., of Grand Forks, devised the plan and offered to purchase the parcel from the city for $1.
"I saw that property about a few weeks ago, which got my head spinning and we came up with a plan," said Craig Tweeten, president of Community Contractors Inc. "We think it's an awesome project we're coming up with."
Tweeten said he would like to apply for North Dakota Housing Incentive Funds to complete the project and would seek Renaissance Zone funding and incentives, as well.
“There are a lot of details that need to be worked through,” said Commissioner Steve Marquardt. “This public land hasn't been offered to anyone else, so for me to just go ahead and give a blank stamp on it … I can’t do that.”
The project would need to be approved by the Renaissance Zone Authority Board and brought back to the city commission for approval.
City commissioners authorized Tweeten to continue discussions with city staff, but no action was taken at Tuesday night's meeting.