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Updated: Tuesday, 08 Jan 2013, 9:49 PM CST
Published : Tuesday, 08 Jan 2013, 11:02 AM CST
GREEN BAY - The Green Bay Redevelopment Authority Committee approved three proposals to build, renovate or plan new residential options on both sides of the river, Tuesday.
Downtown Green Bay, Inc. and Olde Main Street executive director Jeff Mirkes says the demand for quality, affordable downtown residential living is vital as young people come to Green Bay for their careers.
"One of the sectors that has been really lacking in downtown Green Bay has been a healthy core of residential," said Mirkes.
City leaders are also asking for the public’s input on the downtown and downtown living through an online survey.
A possible new, large development could be coming to the parking lot next to the Nicolet bank building.
Dermond Property Investments out of Milwaukee has six months to come up with a plan for the riverfront site at Washington and Walnut.
The plan could include a seven story building with up to 100 apartments and first floor retail.
"We think it's a great opportunity,” explained Chris Gallagher, with Eppstein Uhen Architects. “We think that it's a wonderful location for a mixed-use, urban re-development that we're proposing."
Staying on the east side of the city, the roughly $500,000 first phase of a series of two-story, three-unit townhouses in the 300 block of North Van Buren St. is closer to a reality.
The city approved the developers' request for funding, getting the permitting and marketing process rolling.
“We can do great things here if we really believe we can,” said Garritt Bader, with GB Real Estate Investments, LLC. “It's a product that doesn't exist here right now, that will. It will be great for that neighborhood."
If you're looking for a place to live – and soon – the Platten building at the corner of Broadway and Dousman might be your best option. Rooms are expected to be available in the spring.
"They're going to be a little bit smaller,” explained Jason Tschantz, business development director with Advisor Management. “But they're going to be kind of a high-end with maple cabinets, ceramic tile, things like that. Pendant lighting – islands in the kitchen."
Tschantz says the 23 apartments will range from $400-$850.
Bob Weyers, an owner of the Nicolet Bank building - along with the bank - told FOX 11 they knew the Washington and Walnut site would be developed, eventually. He says the bank ownership is O.K. with development so long as, in his words, it's a "quality development".
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