News Flash

Economic Development

Posted on: May 3, 2021

Riverdale Station Next Phase


Plans are underway for the final two buildings in the Riverdale Station housing development next to the Riverdale Transit Station on Northdale Boulevard. The first two buildings of this community, Nova and Lyra, opened in late 2019 and early 2020. Developed by Minneapolis-based Sherman Associates, these buildings include 71 and 180 apartments respectively.

On the vacant land immediately to the north of these two buildings, Sherman is planning two additional buildings—a 188-unit market-rate apartment building and an 84-unit affordable senior apartment building. Specific plans are still under development, but the project will include similar amenities to the Nova and Lyra buildings, such as granite countertops, stainless steel appliances, in-home laundry, outdoor gathering spaces, fitness center, dog run, and heated underground parking.

The City of Coon Rapids will host a virtual open house that will include a presentation by the developer on Wednesday, May 12 at 7:00 p.m.

Interested City residents can join the open house by logging on to Zoom webinar:

Please click the link below to join the webinar:


Passcode: 128554

Or One tap mobile :

    US: +13017158592,,82157608371#,,,,*128554#  or +13126266799,,82157608371#,,,,*128554#

Or Telephone:

    Dial(for higher quality, dial a number based on your current location):

        US: +1 301 715 8592  or +1 312 626 6799  or +1 929 205 6099  or +1 253 215 8782  or +1 346 248 7799  or +1 669 900 6833

Webinar ID: 821 5760 8371

Passcode: 128554

    International numbers available:


If you cannot attend the meeting live, video of the meeting will be posted on this page afterward. A formal public hearing on the project will occur this summer. It is expected that construction on the 188-unit building could begin by late 2021 and construction on the 84-unit senior building could begin sometime in 2022.

If you have questions about the project, please email the Economic Development Department.

20-08-M-Sherman-Riverdale Future Phases - Site Plan 210323SM


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