NEW: More housing options now available in downtown Watertown as Parkside Place opens

July 21, 2021
Mike Tanner

WATERTOWN, S.D.–Another housing option for people wanting to live in downtown Watertown has opened up.

Developer Jesse Craig tells KWAT News Parkside Place (pictured) opened July 1st. It’s located at the site of the former County Fair Banquet Hall, which was demolished.

Parkside Place is a $6 million project that includes 36 one bedroom apartments, along with ground-level retail which Craig says will include a pharmacy, an urgent care clinic and a smoked meats shop.

Meanwhile, Craig’s development company plans to open the new Generations on First Senior Center on September 1st. That $15 million project includes 72 apartment units for seniors. The apartments will be available beginning December 1st.

Craig says construction will begin in mid-September on The Ruins, a 65-unit apartment building at the site of the former Palace Apartments downtown. Craig says that’s an 11-month, $12 million construction project slated for completion in the fall of 2022.

Craig is also a partner in The Plains, a $38 million project that includes three 72-unit apartment buildings described as, “workforce housing.” That project is located along north Highway 81, where site work is underway.

Last August, Craig Development held a ribbon-cutting on The Lofts in downtown Watertown. That’s a mixed use building featuring 39 apartments and  7,000 square feet of ground-level retail space. The Lofts was built at the site of the former Harbor Bar, which was destroyed in a February 7, 2019 fire.