The first phase of demolishing the building at 900 Water St. has started on Machinery Row, a $65 million multi-phase development. Milwaukee-based Midwest Rail & Dismantling Inc. started by taking […]
Tag: Machinery Row
Posted inBusiness, Government, Real Estate
Machinery Row Project Moves Forward
The first phase of Machinery Row, a $65 million multi-phased development project along the Root River, received preliminary approval from the City’s Plan Commission Tuesday for a three-story commercial and […]
Posted inBreaking, Business, Government
Machinery Row Building, Park 6 To Be Razed
Part of the former Azarian building and former Park 6 building have their fate set as both buildings will be torn down in the city’s historic district. The buildings are […]
Posted inBusiness
City Buys 2.6 Acre Parcel For $1 Million, Plans To Sell To Developers
The Redevelopment Authority of the City of Racine finalized the purchase of two parcels — 922 Sixth St. and 615 Marquette St. — for $1 million. Illinois-based Marquette Distributors LLC sold […]
Posted inBusiness, Government
Building Collapsing, Machinery Row Developer To Demolish
One of the buildings that is part of the Machinery Row project is collapsing, but the warehouse at 900 Water St. could be coming down in the next month. A […]
Posted inBusiness, Government
Racine Receives $1 Million Grant For Machinery Row Project
The Wisconsin Economic Development Corporation, a public-private entity charged with spurring economic development in the state, has given Racine a $1 million grant to help clean-up several industrial properties along […]
Posted inBreaking
Machinery Row, River Bend, And Myers Park Receive Grants
Racine has secured several grants totaling $170,000 for the Machinery Row development project, River Bend Nature Center in Caledonia, and Myers Park. The Wisconsin Coastal Management Program, which seeks to keep and […]
Posted inReal Estate
Racine County Real Estate: Machinery Row Properties Sell
Three parcels included in the Machinery Row project were sold to Financial District Properties (FDP) on Dec. 31 totaling $2.6 million, according to the Racine County property transfer list. The […]
Posted inBreaking, Community, Government
Machinery Row Project Moves Forward
Despite questions raised about the credibility of the developer, the Racine common council approved Machinery Row — making the $65 million project the largest in the city’s history. The project […]
Posted inBusiness, Community, Government
Machinery Row $9 Million Historic Tax Credits Safe
The proposed $65 million Machinery Row development along the Root River in Racine has been approved for some $9 million in Historic Preservation Tax Credits, but the program has proved […]
Posted inBusiness
Racine County Eye Readers React To Machinery Row Development
Financial District Properties, a developer from Iowa, announced that they had secured real estate options on a tract of land roughly bordered by Water Street and the Root River. The […]
Posted inBusiness
$65 Million Development Coming to Shores of Root River
New jobs could come to Racine if a $65 million development proposal becomes reality. Financial District Properties (FDP) from Davenport, IA, has secured real estate options on a tract of […]