Prospect Park is a historic neighborhood within the University community of the U.S. city of Minneapolis, Minnesota. The area is bounded by the Mississippi River to the south, the City of Saint Paul, Minnesota to the east, the Burlington Northern railroad yard to the north, and the Stadium Village commercial district of the University of Minnesota to the west. The neighborhood is composed of several districts which include the East River Road area. The 1913 Prospect Park Water Tower is a landmark and neighborhood icon.