Posted inBreaking, Development, Local news

With Water Street rehab off the table, complete demolition begins

As the Water Street buildings begin to be razed, the city of Racine now has a new challenge: find the highest and best use for the historic riverfront properties. Every one of the dozen buildings on the 30-plus acres will be leveled, creating a completely blank canvas for development. Read about the Collapse of roof […]

Posted inBreaking

All Fastener building sells, City gets deed on Machinery Row

Over 60 properties changed hands the last week in December totaling about $14 million including Machinery Row, the Shamrock Restaurant, and Machinery Row, according to the Racine County Register of Deeds office. FDP MR LLC deeded the former Machinery Row property at 1010 Water St. to the Redevelopment Authority (RDA) of the City of Racine […]

Posted inCommunity, Government

Common Council To Consider River Walk Project

UPDATE: The Common Council voted to refer this item to the Finance and Personnel Committee. ORIGINAL: The Common Council will consider giving the green light Wednesday night to create a river walk area along the Root River. Board members will consider a resolution authorizing the Racine County Economic Development Corporation to negotiate a contract with […]

Posted inBusiness, Government

City Eyes Agreement With Developer Of Machinery Row Apartments

An $18 million apartment complex in the Machinery Row project may take a step forward if the Racine Common Council approves a pre-development agreement between the city, who owns the property, and the developer. The city is  considering entering into a pre-development with General Capital Group LLP for the former Case Plow Works buildings located 922 […]

Posted inBreaking, Business, Government

Racine Baseball Cooperative Told To Vacate Property, Roof Collapsing

The City of Racine has ordered the Racine Baseball Cooperative to vacate the third floor of 820 Water Street by Feb. 9 because the roof has started to collapse. Owned by Rodney Blackwell, FDP MR LLC, the building is part of the Machinery Row Project. City officials are concerned that part of the roof has started […]

Posted inBusiness, Government

Dickert: Machinery Row Developer Didn’t Walk Away With Millions

Machinery Row, a multi-phase development project along the Root River, isn’t dead. Rodney Blackwell, the developer spearheading some of the larger pieces of the project, didn’t walk away with $4.5 million of the City’s money. And city officials are working on rethinking how they can market the portion that Blackwell planned to develop, said Racine […]

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