Prairie Parkway II

Investment Overview

Prairie Parkway II in South Moorhead offers a standout opportunity for multifamily developers in a flourishing community. With recent rezoning to support mixed-use development, this site is primed for contemporary multifamily residences complemented with flexible zoning which allows optional to develop a commercial amenity. Positioned with easy access to major transport routes, Prairie Parkway II connects effortlessly to Moorhead's top amenities, schools, and parks, appealing to those looking for convenience and an enriched lifestyle. The surrounding area features abundant shopping, dining, and leisure activities, creating a balanced urban-suburban environment. Additionally, the planned $5 billion sustainable aviation fuel plant by DG Fuels, expected to bring 650 new jobs to Moorhead, is set to energize the local economy, increasing the demand for quality housing in this burgeoning area.

Investment Highlights

• Build ready lots in 2025
• Low special assessments compared to other developable land
• 2-year deferral of special assessments for future street improvements
• Off-site Regional Retention available