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RDA approves development agreement to rehab downtown Schauer/Schumacher buildings; tenant to occupy entire office space
Summary
The Redevelopment Authority approved a development agreement with Investment Creations LLC to rehabilitate properties on North Adams and Walnut streets, with an Everson law firm tenant, a TIF pay-go schedule and conditions tied to historic-preservation review.
The Green Bay Redevelopment Authority voted to approve a development agreement with Investment Creations LLC to rehabilitate downtown properties including 101–109 North Adams Street and 227 Walnut Street.
Staff said the developer, Umair Sheikh of Investment Creations, will rehabilitate 109 North Adams into office space and has secured a tenant — the Everson law firm — to lease the entire building. The plan also calls for renovating the Walnut Street building to create a retail space facing…
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