River Ridge executive director outlines $200M-plus work and Charlestown projects

May 20, 2026

Mark Hildenbrand, executive director of River Ridge Development Authority, told Charlestown City Council the Commerce Center has seen roughly $200 million in infrastructure investment, a $20.5 million water-treatment project now about 50% complete, and additional 2026 plans that could add tens of millions more.

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Mark Hildenbrand, executive director of the River Ridge Development Authority, updated Charlestown City Council on redevelopment activity in the Charlestown portion of the commerce center, saying the authority has invested about $200 million to date and has a multi‑year program of work planned into 2026. Hildenbrand told the council River Ridge carries roughly $130 million in bond debt, plans proposed additional borrowing and is pursuing land sales and TIF funding to support new projects.

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