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RDA approves $1 offer-to-purchase framework for West Eighth Avenue redevelopment to Millennium Construction

2759486 · March 25, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Oshkosh Redevelopment Authority approved Resolution 2409, granting Millennium Construction an option/offer-to-purchase for the West Eighth Avenue parcel (the Meridian concept) with amended timeline/land‑use conditions tied to tax-credit application milestones.

The Oshkosh Redevelopment Authority voted unanimously to approve an offer to purchase for the redevelopment of a city-owned West Eighth Avenue parcel, advancing a proposal from Millennium Construction to develop a mixed-use project the developer calls the Meridian.

The approval, recorded as Resolution 2409 and taken as amended, authorizes a conditional option to sell the parcel to Millennium and adds timeline and land‑use benchmarks tied to the developer’s state tax‑credit application process. The authority’s members voted aye on the resolution at the meeting after adopting a motion to add and remove specific wording in the draft resolution.

The vote matters because the authority’s approval provides the developer a clear path to demonstrate site feasibility to tax‑credit reviewers and preserves the RDA’s ability to set benchmarks before final sale. John (city staff) told the authority the parcel is part of the RDA’s Sawdust District master‑plan area and that the city used an EPA grant to pay for environmental investigation work developers would otherwise have to fund.

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