Developers ask Cohasset for preferred‑developer agreement on 50–60‑unit waterfront townhomes
Apr 13, 2026
Developers from Prime Property Management and A‑1 Restoration proposed 50–60 low‑density waterfront townhomes with rents estimated at $2,000–$2,250, requested a preferred‑developer agreement to pursue tax abatement and IRRR grants, and emphasized long‑term local ownership and low ongoing fees.
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At an April 13 open work session, developers Travis Luedke of Prime Property Management and Ben Higginbotham of A‑1 Restoration presented a proposal to build a low‑density waterfront townhome community on city‑owned land along the Mississippi River. The developers estimated the site could hold about 50–60 units, likely built as fourplex‑style townhomes in phased construction (roughly 16 units per phase), and targeted seniors, health‑care workers and other professionals. "We're asking for a 'preferred developer agreement' to work with the city on site planning and funding options," Luedke said.
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