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City to take development agreement discussions into closed session

An apartment complex and an outdoor plaza could be two of the next major construction projects occurring in the City of Sturgeon Bay pending common council approval. The Sturgeon Bay Common Council will discuss the development agreements with Duquaine Development and WWP, LLC in open session before finishing up the finer details behind closed doors. With Duquaine Development, the project centers around the second phase of a larger development that will consist of two buildings with a total of 30 units along Sawyer Drive. Duquaine Development is requesting $331,000 in financial impact, an amount that could come from the affordable housing funds generated from the one-year extension of Tax Increment District #1. Once the property is annexed into the city, it is expected to take about 12 years to recoup the investment through the increase in property value.

 

With WWP, LLC, the recent settlement with American Transmission Company after its construction of the underground bay crossing will allow plans to build the Sturgeon Bay Plaza, a project that will include bar and deli with outdoor seating, to restart. The amended development agreement includes grant funds the project has received. It is slated to receive $685,000 as a part of a TIF loan. 

 

The Sturgeon Bay Common Council will also discuss a new ordinance related to natural landscapes when it meets on Tuesday at 6 p.m.

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