Appleton City Council set to vote on two major developments

Local News
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The tax reform bill is moving quickly through Capitol Hill, and it could directly affect two developments in Appleton. 

The Appleton City Council has called a special meeting for tonight in hopes of redeveloping the Zuelke Building Downtown, and at the same time, 49.5 million dollar development will also be coming to Appleton as U.S. Venture announces it is ready to build in the city. 

U.S. Venture plans to build their new headquarters on the bluff site downtown that overlooks the Fox River.

That site was once considered as a new location for a public library, but that plan has since been scrapped.

The city council’s role is to vote on a development agreement involving $8 million dollars of tax increment financing for the bluff site.

The headquarters will be developed into a multiple-story building with a city-owned parking garage underneath. 

For the Irving Zuelke Building on College Avenue, the city council needs to vote on redeveloping it into a multi-use building, including apartments and office space.

The Appleton City Council needs to vote on this quickly to be able to use Federal Historic Tax Credits, which could change if congress passes tax reform Tuesday night.

The special meeting will begin at 7 p.m. Tuesday.

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