The former Landus Cooperative site in Bondurant, including its 140-foot-tall grain elevators, will be transformed into a multiuse site that could include a boutique hotel, event space and condominiums, under a redevelopment plan announced this week.

The city of Bondurant has adopted the Grain District Downtown Redevelopment Plan, designed to revitalize the 25-acre site as an extension of the community’s downtown. The plan was identified as a need in the city’s 2022 comprehensive plan, and has the potential to attract more than $100 million in private investment, according to the city’s announcement.

It’s all part of a private-public partnership with The 101 LLC, the developer of the site.

Scott Turczynski, managing partner of The 101 LLC, said transforming the giant grain elevators into a “one-of-a-kind space is a long-term dream of mine.”

“I am beyond excited to hit the ground running on implementing some short-term projects, including continuing to identify businesses looking to locate within the Grain District,” he said in the news release.

One of the first projects will be Turczynski’s distillery, which will initially open with a tasting room for private tastings and meetings.

“The end goal is to grow the distillery business into a larger production area with a restaurant, event space and speakeasy,” he said.

Bondurant Mayor Doug Elrod said the Grain District plan is a milestone in the city’s efforts to promote economic development. The city recently topped the $1 billion valuation mark.

“Bondurant has numerous exciting projects on the horizon that will further enhance our community’s growth and vitality, and the projects outlined in the Grain District Downtown Redevelopment Plan are foundational to the city’s efforts to expand and promote our vibrant downtown,” Elrod said in the release.

The plan also includes other improvements, such as the extension of the Chichaqua Valley Trail through the Grain District, the realignment of Lincoln Street Northeast and other public street areas, the construction of a public gathering space, the implementation of public art and placemaking initiatives, additional parking and the repurposing of the soon-to-be former emergency services facility as a park and recreation center that would be available for programming and public use.

State Rep. Brian Lohse of Bondurant said the improvements contained in the Grain Redevelopment Plan will “improve accessibility and connectivity, making the area more appealing for pedestrians and cyclists.”

The project will also become a point of focus for further economic development, he said.

“These iconic features will not only serve as points of interest but will also attract attention and generate interest from potential investors and developers,” Lohse said in the release.