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The redevelopment of the riverfront in downtown Anoka was previously zoned as a downtown business district. The City created a Planned Unit Development (PUD) to meet the shoreland zoning requirements of the Department of Natural Resources and provide flexibility from strict city zoning regulations to allow for residential, commercial and office uses.  This allowed for large-scale site planning and promoted economical and efficient land use, an improved level of amenities, creative design and sensitivity to the natural environment.

The City's vision for the area includes redevelopment at urban densities with a mix of residential housing types, retail, commercial, and office use. As currently proposed, four residential buildings include 210-218 housing units on 4.87 acres.  Two distinct housing styles - 55+ condominiums and urban lofts, will provide lifecycle and lifestyle choices for buyers. Additionally, two of the four buildings will have a combined 36,000 square feet of first floor retail and office uses. Construction is currently underway with the final stages being built once sales reach 50 percent.
The proposed park/open space includes a .24-acre parcel south of Main Street and along the river, a 7.16-acre area. The park will include historic interpretation of Anoka's milling industry, trail connections, and greenspace.