More Housing Coming to Downtown Green Bay
Photo: Video by nbc26.com
CREATED May. 22, 2013
Redevelopment in downtown Green Bay is moving forward.
The city council approved the purchase of the property at the corner of Walnut and Adams street for just under $300,000 city leaders say the property will be used for housing.
Several weeks ago, city leaders approved a development for apartments at North Washington and Main streets. Now they have approved another project that could bring even more apartments and area businesses are looking forward to it.
Downtown Green Bay, the heart and soul of the city.
To keep it that way, businesses like Angelina's restaurant and the Adams Street Pub need more housing in their neighborhood.
"Spur more growth on this street."
"That would be great for us, for all the businesses."
They may get their wish with a possible new apartment complex coming right next door at the old Schauer and Schumacher building.
However housing is still a need in downtown. 95% of apartments are occupied. About 5 or 6 six sites total are being evaluated for residential.
"It's one thing to drive down here and walk around, but it's a whole another thing to live down here and always be in the area always frequent the businesses that are in the area," says Adams St. Pub Owner Beau Gille.
City leaders know how important the downtown district is to the city's economy and they say that providing more housing will bring more retail establishments or another grocery store.
More people want to look at housing options here and we need to start delivering more product." says Jeff Mirkes.
"More retail, more apartments, supermarket, whatever works," says Angelina Cervantes.
For both businesses, they'll take anything if it keeps bringing in customers.
The property has been vacant for 12 years now. The city plans to sell it for one dollar. The developer plans to invest more than two and half million dollars into it.