Green Bay is taking another shot at winning over a developer for the old Schauer and Schumacher buildings in the city’s downtown. Local 5’s Kris Schuller reports the city is now asking for ideas aimed at breathing new life into the historic property.
At the corner of Adams and Walnut – the old Schauer and Schumacher buildings – owned by the city and in need of significant repairs. But Jeff Mirkes says the end results could be amazing.
“There is so much potential in the building, the character and the history,” said Mirkes of Downtown Green Bay Incorporated.
For the last few years the property has been looked at for a number of possible uses. From luxury apartments to banquet facilities, but each never came to be. Now in a request for proposals the city is actively trying to find a developer who sees the potential these historic buildings hold.
“It’s important to our historical fabric, to keep that building downtown on that prominent corner,” said Ken Rovinski from Green Bay’s Economic Development department.
“Sometimes a special project like this takes some real special TLC and the right developer,” Mirkes said.
That right developer must agree to preserve historical architectural features, work closely with the city on the plans and the project must help fuel the local economy.
“It is a high traffic corner, two blocks off the river, close to the CityDeck, close to a lot of great restaurants,” Mirkes said.
Rovinski says a recent open house and developer walk-through showed investor interest.
“We had at least four interested parties that were there on that day, to do their final walk-through before submitting a proposal,” Rovinski said.
Positive signs for the future of these buildings that have sat vacant for over 12 years. In a downtown district experiencing a rebirth.
“We’re confident and hopeful that this building will have its day as well,” Mirkes said.
Proposals are being accepted until January 12. The property is valued at over $400,000.