Developers still have to fine-tune design plans, but additions like a rock climbing wall, an amphitheater and a pedestrian bridge to East Grand Forks are still on the table.
Oxford Investments purchased the property last month, and expects to tear it down in the coming weeks. The company hopes to redevelop the lot in the next three to four years.
The move will be contingent on the result of the Measure 4 vote, a North Dakota ballot initiative that, if passed by voters, would eliminate state property taxes.