GREEN BAY - A major housing project could be in the works for Green Bay's downtown.
The development would be on the corner of East Walnut Street and North Adams Street, site of the long vacant Schauer-Schumacher Furniture building and what originally was a funeral home next door.
After sitting empty for more than a decade, the buildings may have new life.
"It's very exciting when someone takes a look at an old building that's falling apart and says I know a way we can redevelop this, and turn it into an asset into the community again," explained Neil White, Green Bay economic development planner.
City officials say a developer has proposed turning the buildings into housing units, possibly condos.
The plans also call for around 3,000 square feet of retail or commercial space. The historic preservation committee voted to support the initial plans Monday afternoon.
"It's very exciting that downtown residential continues to grow," explained Jeff Mirkes, the executive director of Downtown Green Bay, Inc. "We know there's a growing demand, but there has been limited supply. There are five or six projects that are being looked at right now that weren't even discussed a year ago at this time."
As exciting as the news is, city officials say this is far from a done deal. The project is still in its preliminary stages.
The city would not release the name of the developer. However, the city's Redevelopment Authority is expected to review and possibly vote on the initial plans on Tuesday.
"We hope to learn more about this development this week," Mirkes said. "There's a great feel on the Adams Street block, so we're really pleased there are some growing synergy in this vicinity."
This isn't the only project in the works for Green Bay's downtown.
A few weeks ago, the city approved plans for a $10 million apartment project a few blocks north near Main and North Washington.
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