GREEN BAY — A Madison developer this spring will present his third, mixed-use development plan in five years as the city looks spur development on a prominent, city-owned parking lot in downtown Green Bay.Ted Matkom last year began to revise plans to redevelop the parking lot in the 200 block of North Monroe Avenue after interest rates, labor and material cost increases created a sizeable funding gap in the $22 million proposal. The plan focused on building 172 apartments and first floor space for a grocery store on the site.
Green Bay officials bought the 2.4-acre parking lot in 2019 and ever since have sought a private company to build housing, preferably affordable units, on a key, high-visibility site on the edge of downtown and Whitney Park. The effort has faced a variety of challenges...
Share this article on you social outlets
Our Sponsors
- - Volume: 24 - WEEK: 11 Date: 3/14/2024 2:47:13 PM -