The Wisconsin Coastal Management Program
The state dollars will pay for three projects: $100,000 to Machinery Row for infrastructure and planning, $55,000 to the City Health Department for cleaning up Myers Park, and $16,000 to River Bend Nature Center for its Great Lakes education program.
Machinery Row is a retail and apartment development project along the Root River in the 900 block of Water Street.
Financial District Properties, a commercial real estate development company based in Davenport, Iowa, plans to develop the 20-acre multi-parcel site. The first phase represents $42 million of the $65 million project.
Mayor John Dickert has been a member of the Wisconsin Coastal Management program for five years.
“I want to thank the WCMP for their support of our community, it isn’t just funding, but a vote of confidence for the future of Racine.” Dickert said. “It’s vital to have strong partnerships and with the Wisconsin Coastal Management Program, we have one.”