GREEN BAY, Wis. (WBAY) - The City of Green Bay is moving forward with a development project on the south end of Broadway Street. It includes an outdoor events center and revamping the west side neighborhood along the Fox River.
The project has been two years in the making and Tuesday the Redevelopment Authority approved an agreement for the Shipyard.
“In it, it contemplates $11 million worth of development: $9.5 million for the stadium, and then another million-and-a-half for waterfront improvements and parking improvements,” said Kevin Vonck, Economic Development Director for the City of Green Bay.
Vonck said there are four main components to the project:
1. An outdoor event center, the stadium.
2. The waterfront improvements -- possibly adding condos or apartments.
3. The indoor performance venue or a sports bar
4. The beautification of the adjacent residential neighborhood.
“Working with residents, providing some funding options for them to fix up the homes, improve the homes, and also taking vacant properties and maybe integrating some new homes or housing products in that area,” said Vonck.
This is a plan that sits well with On Broadway Inc. Executive Director Brian Johnson.
“When you look at the heart of the district I think a lot of people forget that there's a southern end to what we're doing, and it's really not filled in quite well and so I think when you put this anchor tenant at the end of it, it's going to give us the opportunity to seek out some additional development to kind of fill in the middle,” said Johnson.
The development agreement now goes to City Council for approval. If approved construction could start as soon as next year.