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Council Approves Sale of 2 Acres at 2001 Gateway Boulevard to Prestige Dance Company
Summary
The council authorized sale of about 2 acres of city-owned land at 2001 Gateway Boulevard to Prestige Dance Company for a discounted price and subject to a right-of-first-refusal repurchase agreement; the developer is not seeking TIF or other incentives.
The City Council authorized the sale of an approximately 2-acre portion of city-owned land at 2001 Gateway Boulevard to Prestige Dance Company for the construction of a new dance studio building, city staff said. The council approved authorization to enter an agreement that will allow the buyer to proceed with due diligence and site evaluation.
Drew Pennington, City of Beloit staff, said Prestige…
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