Posted inDevelopment, Local news

The rise of luxury apartments means market is focused on high end

There’s a new trend taking place across America. New apartment buildings are continually popping up, but they are no longer the affordable models they used to be. The vast majority of new rental properties are now focusing on high-end, luxury living. These luxury apartments have caused average rent prices to increase, but who is affording […]

Posted inBreaking, Construction, Government

Thursday closing of Washington Avenue is one-block long for one day

It is the smallest of roadway segment closings, but for today, it will be very annoying. Wisconsin Highway 20 (Washington Avenue) will be closed for the day between 12th Street and 13th Street for milling and paving operations. According to the Wisconsin Department of Transportation, traffic will be detoured between 12th Street and 13th Street […]

Posted inCommunity, Construction

Highway 38-County MM info meeting set for Monday by WisDOT

State-planned improvements and reconstruction of the intersection of County Highway MM and State Highway 38 will be discussed of a Monday open house. The Wisconsin Department of Transportation has scheduled an open house-style meeting to discuss the ongoing reconstruction. The meeting will be held Monday, 5:00 p.m. to 6:00 p.m., at Mount Pleasant Village Hall, […]

Posted inDevelopment, Local news, Real Estate

St. Paul Missionary Baptist Church to undertake new affordable housing project

Construction should begin next year on a multi-family apartment complex being spearheaded by St. Paul Missionary Baptist Church, which has a history creating affordable housing in the community. St. Paul Commons will be a 63-unit, $14 million project. The project will be comprised of The church will work in partnership with Illinois-based Brinshore Development. It […]

Posted inBreaking, Development, Local news

Groundbreaking Monday for Foxconn-driven expansion of Gateway iMET Center

Gateway Technical College will hold an official groundbreaking for the expansion of its SC Johnson integrated Manufacturing and Engineering Technology Center on Monday. The expansion will help meet the educational training needs of Wisconn Valley employers, including Foxconn Technology Group. The 35,000-square-foot expansion will support the growth and needs of Wisconn Valley employers through advanced […]

Posted inDevelopment, Local news, Real Estate

UPDATE: City to consider loans to develop 4 multi-family development projects

UPDATE: The City of Racine Common Council will discuss the four projects at its next meeting on Tuesday. RACINE – Four multi-family development projects, including the old Horlick Malted Milk factory and Ajax/Walker Manufacturing site, are on the agenda for the loan board of review on Thursday. Lutheran Social Services on behalf of its project Gold […]

Posted inBreaking, Development, Local news

Foxconn Technology Group announces downtown Racine Innovation Center

Foxconn Technology Group, an electronics manufacturer that makes LCD screens, announced that it plans to open an innovation center in downtown Racine, according to a press release sent out at 1 p.m. Officials from Foxconn made the announcement Tuesday at 1 Main Street. The plan to open an innovation center, which will partner with the community on developing […]

Posted inDevelopment, Local news, Real Estate

Racine County real estate transfers Sept. 10 through Sept. 14

A number of real estate properties changed hands between Sept. 10 through Sept. 14, including a Salvation Army thrift store and a commercial property on Rapids Drive, according to the Racine County Deeds Office. The Salvation Army and Illinois Corp. sold their store at 2122 Douglas Avenue to Constantin and Victoria Tousis for $300,000.  The nonprofit […]

Posted inDevelopment, Local news, Real Estate

Racine County Real Estate Transfers: Sept. 1 through Sept. 9

More real estate along the Interstate and near the Foxconn Technology Group campus have changed hands between Sept. 1 through Sept. 8. We’ve also included an interactive map. Foxconn-related property transfers Richard and Constance M. Richards, who owned five acres and a single-family home at 12910 County Line Road, sold the property for $803,8000.Joseph Janicek, […]

Posted inDevelopment, Local news, Real Estate

Gold Medal Lofts boosts Racine apartment rental unit numbers

A complete rehabilitation of a historic Racine factory building will result in 77 much-needed new apartment units. The Wisconsin Housing and Economic Development Authority and City of Racine Mayor Cory Mason have announced that federal affordable housing tax credits have been secured to help finance the redevelopment of the Gold Medal Furniture building, 1701 Packard […]

Posted inDevelopment, Local news

Sessions set to keep small contractors in the loop for Foxconn work

Keeping smaller contractors in the picture when it comes to winning work tied to the construction of Foxconn’s advanced manufacturing campus is the goal of two upcoming information sessions The Wisconsin Department of Workforce Development and its partners will host Wisconn Valley Small Business Capacity Building Sessions to help smaller contractors overcome barriers and compete […]