Green Bay votes 8-3 to approve Shipyard development

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GREEN BAY, Wis. (WBAY) - BREAKING
The Green Bay City Council voted 8-3 to approve a development agreement for The Shipyard. The $13.5 million development includes waterfront offices, homes, restaurants, and entertainment and sports venues on South Broadway near the Mason Street Bridge.

This vote means another big step forward for the shipyard development and it sends a clear sign to the business partners that the city is serious about the project.

We’ve been covering this development project for well over a year now and at times, some of the business partners, including local CEO Mark Skogen, showed concerns about the city's lack of progress.

However, the approval Tuesday night will likely send a clear message to everyone that the project is still moving forward.

Although this vote means a lot for many of the big players involved, the restaurant interested, Anduzzi's Sports Club, may not be a done-deal due to some recent development agreement changes.

The city's development director said it’s been a pleasure working with Anduzzi’s and he hopes they remain a part of the project, but if they back out, he said it shouldn't be a problem getting another restaurant to step in.

“We’ve worked with Anduzzi’s. We haven't shopped this, we haven't gone out and recruited restaurants, but on their own others have come to us and said they would like to be in this area, in this district if Anduzzi's doesn't become part of this,” said Kevin Vonck, Green Bay’s Development Director. “I think there is a pretty competitive agreement on the table before you and I think we would be able to replace them with another facility of similar caliber and value that would add to this project.”

It seems a majority of the city council members aren't concerned about it either, with their 8-to-3 ‘yes’ vote Tuesday.

The project continues moving forward with plans to have the outdoor events center up and running by March of 2019. In the meantime, the goal is to get the documents signed, check out financing options and start designing the stadium.

ORIGINAL REPORT

A Green Bay company says it plans to move its headquarters from one side of the Fox River to the other if the city goes through with a development on Broadway, known as the Shipyard.

City leaders are debating a $13.5 million development of property on South Broadway for offices, housing, restaurants, and entertainment venues on the waterfront.

In a letter to the city's development director, Breakthrough Fuels CEO Craig Dickman says the company is looking to consolidate its offices and is considering a number of sites, including the Shipyard.

"We believe this facility, along with the waterfront improvements, will catalyze development along South Broadway, bringing much-needed housing, dining, and entertainment options to the neighborhood. Amenities that will further assist in retaining and attracting quality employees, not only to our company, but to the community," Dickman writes.

Dermond Property Investments, fresh off opening the new Metreau Apartments at Washington and Walnut streets, is also eyeing the other side of the Fox and encourages city leaders to push ahead with the Shipyard.

"We are interested in a market rate development. At this time, the site does not have dining, entertainment or retail options which we feel is important to attracting market rate residents," Dermond Vice President of Development Nora Pecor writes,. "We feel that with the addition of the Events Center on the South Side of the Shipyard and additional waterfront improvements, it will change the neighborhood to one where it would be possible for us to make a market rate development work."

The mayor's office released other letters of interest in or support for the project from Green Bay Real Estate Investments, NeighborWorks Green Bay and TWG Development.

Additionally, the city received letters supporting the outdoor stadium project from the Green Bay Area Public School District and United Soccer League, and interest from Frank Productions of Madison in bringing in "large scale national acts."

Last week the Redevelopment Authority unanimously gave its support to the Shipyard project, passing the ultimate decision on to the city council.

If the city council approves it, the plan is to have the outdoor events center open by March 2019.



 
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