Rise at Prospect Park

RISE at Prospect Park is a large mixed use project proposed for 2929 University Avenue Southeast that includes 258 market-rate apartments, a 120-room hotel, a 30,000 SF Fresh Thyme grocery store, a 1,100 SF liquor store and 8,400 SF of retail/restaurant space.

The project site is located in the Prospect Park East River Road neighborhood, five blocks east of the University of Minnesota. The Green light rail runs in front of the site on both University and 29th with the Prospect Park Station directly in front of the proposed project.

Demographics

Average Household Income
1 Mile Radius…………………………..$58,157
3 Mile Radius…………………………..$56,285
5 Mile Radius…………………………..$64,764

Traffic Count
University Avenue………………………..17,433
Parking Spaces……………………………..387