The Sturgeon Bay Plan Commission has approved preliminary plans for a four-story apartment building on Oregon Street across from Martin Park.
The Oregon Street Lofts would contain up to 42 units and have underground parking. The site at Oregon Street and 2nd Avenue is currently a fenced-in storage site utilized by Palmer Johnson Yachts.
Community Development Director Marty Olejniczak says right now the site is not a pretty sight.
St. Paul, Minnesota-based CommonBond Communities would be the primary developer and property manager. The local developer is Urban Apex. Chris Laurent of Urban Apex told commission members Wednesday the project would be contingent on securing low income housing tax credits from WHEDA.
The Plan Commission unanimously approved the preliminary planned unit development with several conditions, including capping the number of units at 42 and establishing guidelines for things like off-street parking and building setbacks.
The preliminary PUD still must be approved by the City Council. The project would then move into the final PUD phase.
