New TIF district for Lakeview Hospital properties moves forward

Beaver Dam’s Plan Commission unanimously approved creating a tax increment financing district for the former Lakeview Hospital properties Wednesday.

Plans are in place to transform the area with a high-end condo development by 2022. The city has a development agreement with JCW Development for the project. Should the Beaver Dam Common Council approve creating the TIF district, the revenue generated will go toward cleaning up and demolishing the vacant Lakeview building, 208 LaCrosse St., which is estimated to cost more than $1 million.

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- - Volume: 6 - WEEK: 48 Date: 11/29/2018 11:56:21 AM -