First phase construction will start next fall
The Alexander Company announced that its Riverhavn development will move forward following the Stoughton Common Council’s approval of a development agreement at its Tuesday, Sept. 9 meeting.
In a public-private partnership with the Stoughton Redevelopment Authority, Riverhavn will be delivered in two phases with up to 250 apartments, with the first phase delivering 122 apartment homes in 2027. Situated along the Yahara River across from Mandt Park, Riverhavn will be designed as a modern community that celebrates Stoughton’s Nordic heritage, expands housing choice, and strengthens riverfront access, according to a company news release.
Planning and design will continue through the third quarter of 2026, when construction will commence for the first phase, with a 14-month construction period. The second phase will start construction in 2029 and be completed in 2030, with up to 124 additional apartment homes.