The Council Bluffs City Council this week accepted a proposal from Broadmoor Development for River’s Edge, Block 1. The 1.72-acre parcel is located east of the Pavilion and has remained vacant while surrounding lots have been developed. The city has been trying, unsuccessfully, to land a project that would have an assessment of at least $32 million. This most recent Request for Proposal was the third. Broadmoor’s $24.5 million project was the only proposal. Broadmoor plans to build a 91-unit, 5-story apartment building. The building will have two levels of indoor parking – one underground. Broadmoor has already completed 229 apartment units at River’s Edge, with an additional 48 under construction. Completion is planned for spring 2028. – Isaiah Ang
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