DSI Real Estate Group seeks approval for River Place multifamily development plan

The Monona Plan Commission convened on March 24, 2025, to discuss a significant proposal from DSI Real Estate Group LLC regarding a multi-family development at 103 Hundred Place. The meeting focused on the approval of a precise implementation plan (PIP) for the first phase of this project, which is part of a broader effort to revitalize the River Place area.

During the public hearing, representatives from DSI emphasized the project's potential to serve as a catalyst for redevelopment in the quarter, similar to the original River Place development. The commission members expressed a desire for clarity on various aspects of the PIP, including site design, architecture, and landscaping.

Key discussions included the need for a certified survey map (CSM) to consolidate three lots into two before the PIP can take effect. The proposed development aims to maintain a green space ratio of 26.8% across the entire site, although specific allocations for phase one and phase two remain to be clarified. Concerns were raised about the impact of construction on traffic flow, particularly regarding access to Monona Drive, which has historically posed challenges for vehicles exiting the area.

The commission also reviewed recommendations from public works staff regarding traffic impact analysis, which had not been conducted prior to the meeting. Suggestions included assessing traffic patterns during peak occupancy of the proposed buildings to better understand potential congestion issues.

Additional topics of discussion included parking provisions, with plans for 40 stalls and considerations for electric vehicle charging stations and bike storage to promote sustainable transportation options. Landscaping standards were also evaluated, with the current proposal falling short of the required points for phase one, prompting discussions about potential improvements in future phases.

The engineering review highlighted the need for further attention to grading and stormwater management, particularly in light of the proximity to the Yarra River. Recommendations included implementing sediment reduction measures and oil and grease controls to protect local waterways.

As the meeting concluded, the commission prepared to deliberate on the approval of the PIP, with staff providing findings of fact and conditions for consideration. The outcome of this proposal could significantly influence the future development landscape of Monona, addressing both housing needs and environmental concerns in the community.