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Rapid City Mayor Proposes Plan To Boost President’s Plaza

Associated Press0

RAPID CITY, S.D. (AP) — Rapid City Mayor Steve Allender and developers of President’s Plaza say they hope that splitting a publicly funded parking garage and a privately funded high-rise into separate projects will help jump-start the long-stalled downtown development.

The $50 million President’s Plaza was first proposed in 2006. It’s to include a mix of residential, retail and hospitality space. It’s been delayed by a strained relationship between City Hall and the developers.

Allender on Monday announced a proposal to get the project moving again after more than a month of talks involving the mayor’s office, City Council leaders and developers. The City Council will need to approve.

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