Plans for new waterfront park in Coeur d’Alene moving forward
COEUR D'ALENE, IDAHO. — The city of Coeur d’Alene is moving forward with plans to buy 47 acres of waterfront property along the Spokane River.
The property, just south of Seltice Way between Atlas Road and John Loop in Riverstone, is the former site of the Atlas mill which shut down more than a decade ago.
“It’s the last large parcel of public waterfront that may ever available,” said Councilwoman Kiki Miller.
That’s why the city of Coeur d’Alene jumped at the chance to buy the $7.8 million dollar lot – to keep a large stretch of shoreline along the Spokane River permanently open to the public.
“The city staff, and the council, and the mayor are very committed to as much public waterfront as possible,” Miller said. “And it’s finding that balance between how do we pay for that and keep it open to the public.”
The city plans to sell some of the land to private developers. Condos, apartments, single family homes, and restaurants will help pay for public projects like new parks, trails, and community spaces.
Miller said, “We know there’s got to be mix use. There’s got to be public funds, there’s got to be private funds, but it’s really going to depend on – after this type of analysis – what the public wants to see happen there and what they are willing to pay for.”
There’s a lot to consider, which is why the city has held three public meetings to give residents the chance to weigh in on all the design options.
The city of Coeur d’Alene will officially purchase the land in mid May.
For more information about the project, click here.
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