A 37-acre parcel of land the Racine Public Library owns property near the corner of Spring Street and Highway 31 in Mount Pleasant will likely become a home for people, and not books, according to a story by the Journal Times.
Officials from the library decided to scrap plans for a second library location back in 2014. But now three developers — Northterra Real Estate Group of Racine, Interstate Partners, and Red Sky Partners — have pitched plans for a project that would include 370 apartments.
The property is located near the northwest corner of Spring Street and Highway 31, but it has access from Highway 31, Spring St., and Newman Road.
The developers pitched the project at a neighborhood meeting Monday at the Mount Pleasant Village Hall. They are looking to start the project, which have not been formally proposed to the Mount Pleasant Village Board, in 2017.If the project moves forward, the rents are expected to be $1,000 and $1,400.
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