Waupaca City Council recently approved the final plat for phase one of the River North residential development which will include 32 single family homes and 124 units of multifamily housing.
“We are thrilled to advance this project, addressing our community’s need for diverse housing options and shortages. The approval of these 35 single-family units, along with upcoming workforce and market-rate housing, marks an amazing step in our city’s growth,” stated Jarod Kivela, community and economic development director for the city of Waupaca. “We eagerly anticipate welcoming new residents to enjoy our vibrant community and amenities.”
The city of Waupaca and Tycore Built will hold an information session for the project at July 29 Waupaca Country Club, 1330 Ware St., that is open to everyone. Doors will open at 5 p.m., with presentations starting at 5:30 p.m. Food and drinks will be available. Those interested in attending can RSVP at rivernorthridge.com.
In February, the city of Waupaca entered into a development agreement with Tycore Built. The single-family homes will have starting prices of $249,900 including the lot. The project is projected to bring added tax value of $27.95 million for the city.
Additional phases could include 76 owner-occupied housing units and 120 apartment units. Combined with Phase 1, the total project value is currently estimated at $69 million.
Construction is expected to start this year.
“The city has been a pleasure to work with, and their eagerness to bring growth and workforce housing to their community shows their compassion and understanding of residents’ needs. We are excited to begin construction and development of the first phase,” mentioned Wade Micoley, Founder of Tycore Built. “We look forward to working with the city on additional phases and seeing the growth the development will bring to the community.”
For more information, contact Tycore Built at email@tycorebuilt.com or call 920-617-9155.
