State grant boosts downtown Fond du Lac project

Posted on Mar 26, 2019 :: Insight on Business, Web Exclusive.
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Posted by of Insight Publications

A vacant building in downtown Fond du Lac is being transformed into an upscale tavern and residential lofts with assistance from the Community Development Investment (CDI) grant from the Wisconsin Economic Development Corp.

 

The $90,000 grant for The Livery Lofts project will go toward the renovation of the building, improve its exterior façade and support the building’s change from a fully commercial building to a mixed-use development.

 

Originally built as a livery stable in 1880, developer Sam Meyer plans to incorporate that past into the building’s design and decor. Meyer has successfully completed several other historic restoration projects in downtown Fond du Lac including the State Farm Insurance and Red Brick Inn building, the German-American Savings Bank building and the Art Districts Loft building.

The redevelopment project will require significant renovation to support the change to a mixed-use development. The Livery Lofts will feature a tavern on the first floor and market-rate apartments on the second floor. An existing asphalt parking lot also will be redeveloped into a new outdoor dining area for the tavern.

“This project transforms a vacant, blighted commercial building into residential lofts and an entertainment venue that will add to the character of historic downtown Fond du Lac,” Meyer said in a statement.

 

WEDC’s CDI grant program supports community development and redevelopment efforts, primarily in downtown areas. The matching grants are awarded based on the ability of applicants to demonstrate the economic impact of the proposed project, including public and private partnership development, financial need, and use of sustainable downtown development practices.