The Rapid City Journal reports 919 Main has opened new downtown apartments at 919 Main Street, in the former Dusek Building, in Rapid City. This mixed use building offers upscale one, two, and three bedroom apartments along with retail space. According to the Rapid City Journal article, developer Erik Braun identified a lack of downtown units with the amenities and square footage required to attract more established professionals. Millennials and Baby-Boomers were also mentioned as demographics renewing the demand for urban living space.
According to the market assessment report completed by Progressive Urban Management Associates for the Rapid City Downtown Master Plan, young professionals desire living quarters within walking or biking distance of the workplace and to the social center of the city. Baby-boomers, also a targeted demographic, show interest in exchanging suburban homes with yard upkeep for less square footage closer to downtown restaurants and entertainment.
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