Sixty-eight housing units will soon be available after the Sturgeon Bay Common Council approved a development agreement with Portside Builders and E&I Property Investments on Tuesday.
The Colorado Heights housing project will consist of 34 duplexes, three of which are expected to be completed by the end of next year.
According to the meeting agenda, the developer will receive $500,000 for infrastructure improvements, with $250,000 anticipated to be paid in 2027 and another $250,000 in 2030. By that time, a total of 30 units, or 15 buildings, are expected to be completed.
Sturgeon Bay Mayor David Ward said the project will help address senior housing needs in the community as residents look to retire or downsize from their current homes.
The Sturgeon Bay Common Council also approved the issuance and sale of bonds for upcoming upgrades at the Sturgeon Bay Utilities wastewater treatment facility.
