GREEN BAY - The historic downtown Green Bay YMCA could be receiving a head-to-toe makeover.
The plan includes 15 apartment units on the unused upper floors.
With workouts happening on the bottom floors, it's the upper levels that need help getting back in shape.
“The vision is to have market-rate apartments that are upscale with modern amenities,” said Erik Goerke, the CEO of Alliance Management.
Goerke says it's too early to put a price tag on the project.
Funding could come from legislation to increase the state's tax credit for redeveloping historic sites from 10% to 20%.
“For us that's massive incentive to really bring out the potential for the project,” said Goerke.
The State Assembly already passed the bill. Mayor Jim Schmitt says he expects the Senate to pass it in early November.
At least five downtown Green Bay projects could potentially benefit, including the Hotel Northland
“A couple weeks is fine,” said Schmitt. “It can't go past that.”
YMCA project officials say their plan can handle the wait. It includes 10 two-bedroom units and 5 one-bedroom units.
“The upper floors were intended and built for single occupancy use apartment buildings or dormitory rooms,” said Steve Harty, the President and CEO of the Greater Green Bay YMCA. “The Y operated those until the late 1980s.”
“The fourth, fifth, and sixth floor have a lot of potential for character and the construction can be crafted uniquely, which can offer a lot of benefits to potential residents,” said Goerke.
Developers say as long as the funding comes together, renters could be able to move in as early as late next summer.
The YMCA is also planning to renovate its program space on the first three levels. The specific plans should be ready early next year.
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