Riverside Park Master Plan and Feasibility Study
SB Friedman assessed the market potential and financial feasibility of transforming a City-owned golf course into a mixed-use development.
The City of Council Bluffs was exploring the potential redevelopment of the Dodge Riverside golf course. They engaged a team led by HDR to prepare a master plan for the site. As a part of the master planning team, SB Friedman provided market and fiscal insights to assist the City’s decision-making process.
Tasks Completed
Assessed market feasibility for multiple housing typologies, including for-sale single-family, multifamily rental, townhomes and condominiums
Informed the development program included in the master plan with residential market findings
Conducted a commercial market analysis
Projected incremental property taxes generated by the proposed development program to assess the ability of new development to help fund infrastructure costs over time
Results
SB Friedman's findings were incorporated into the final master plan, which the City of Council Bluffs used to inform decisions on whether to pursue redevelopment of the Dodge Riverside golf course. Ultimately, the City elected to keep the site as a golf course in the near term.