The City of Racine now has the deed for the former Machinery Row property, which means it can demolish the buildings, clear the land, and sell the property to a new developer. FDP MR LLC deeded the former Machinery Row property at 1010 Water St. to the Redevelopment Authority (RDA) of the City of Racine […]
Tag: Rodney Blackwell
Posted inBreaking, Business, Government
City Looks To Demolish Machinery Row Buildings
One of the Machinery Row buildings has suffered “significant deterioration” and as a result, Gorman and Company has decided not to move forward with buying the properties. Now the city wants to demolish the buildings at 820 and 900 Water Street that Gorman & Company once sought to redevelop so that they can sell the […]
Posted inGovernment
Racine Baseball Cooperative Files Appeal On Vacate Order
Officials with the Racine Baseball Cooperative filed an appeal Wednesday with the City’s building department to contest the department’s order to vacate their facility. The City of Racine on Friday ordered the Racine Baseball Cooperative to vacate the third floor of 820 Water Street by Feb. 9 because the roof has started to collapse. But board members […]
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 […]
Posted inBusiness, Government
City OKs Machinery Row Extension, Receives Grant
The public part of the Machinery Row project took a step forward with a grant while the developer of the private portion of the project will be given more time to sort out development issues. Machinery Row developer Rodney Blackwell, owner of the FDP MR LLC, will donate half of the 5.57 acres along the Root River between […]
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 residential building. Part of the former Azarian building at 900 Water St. is slated to be razed in the next two weeks to make way for […]
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 the commercial building on 2.6 acres to the city in early January. The 615 Marquette St. property includes a four-story cement building the Factory of Fear had […]
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 multi-phase retail and apartment complex, the project is expected to occupy a 20-acre site. But the developer Rodney Blackwell, owner of Iowa-based FDP Properties, ended […]
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 is a retail and apartment development along the Root River in the 900 block of Water Street. Financial District Properties, a commercial real estate  development […]