COEUR d’ALENE — A new waterfront park boasting 3,800 feet of shoreline at Coeur d’Alene’s Riverstone development is back on track.

Earlier this month, city officials rejected the only bid for the highly anticipated park along the Spokane River after it came in over the budgeted amount of $6 million.

After negotiating with a new firm, however, Coeur d’Alene Parks and Recreation Director Bill Greenwood said the price has been brought down and the project appears to be headed forward.

“With the Council’s OK, we’ll be off and running,” Greenwood said Monday.

The council will vote on the new bid, submitted by LaRiviere Inc. of Rathdrum, when it meets at City Hall at 6 this evening at the Coeur d’Alene Public Library, 702 E. Front Ave.

The original, and sole, bid of $6.6 million was rejected Oct. 8 as it was well over the projected cost.

“I was a little disappointed that we had to reject the bid but excited about moving forward,” Greenwood said. The new bid is $5.87 million.

Expected to be built next summer, the park will include a public beach, playground, dog water park, kayak launch, restroom and green space on about 4 acres on the Spokane River.

The park is being financed by the city’s urban renewal agency, ignite cda.

Greenwood said he was especially pleased with the handicapped accessibility features planned for the new park, including wheelchair access to the water and kayak launch.

“We haven’t done anything like this yet, and it’s exciting that we’ll be offering such important [Americans With Disabilities Act] amenities,” he said.

“In all the public surveys we’ve done, there’s been high interest in a waterfront park with open space, access to the water, trail connectivity and a water dog park,” Greenwood said. “This park has all that.”

The park, which will also include several spots for food trucks and 120 parking spaces, abuts the popular Prairie Trail that runs along Riverstone.

Greenwood said officials would also like to include public docks with space available to lease to rental companies for water activities, but that will depend on available funding.

Atlas Park is part of the former 47-acre Atlas mill site between the Spokane River and Seltice Way, which the city bought earlier this year for $7.85 million.

Coeur d’Alene Mayor Steve Widmyer said the park will be a great addition to the city’s parks inventory if the council moves forward.

“This it 3,800 feet of waterfront for public access that we’ve worked on for a year and a half to two years,” he said. “What a great asset to our park system.”