
EXCERPTS FROM JOURNALTIMES.COM, RACINE — If you cross the Sixth Street bridge these days between Racine Street and South Memorial Drive, you can see that a galvanized metal shell has been partially torn off a three-story brick building next to the bridge. It’s the start of a multibuilding apartment development called Edge of the River that is to span both sides of the Sixth Street Bridge. Inspired Real Estate Developers say their approximately $55 million project will create about 335 new market-rate housing units.
That’s something eastern Racine County will desperately need as construction on the Foxconn Technology Group campus in Mount Pleasant starts gearing up. An effort is underway to encourage the construction of new housing in Racine County, in an effort to lure as many future Foxconn employees as possible.
In January the developer announced plans to redevelop the 1230 Sixth St. building — originally a tannery and most recently the Gospel Lighthouse church — into about 53 housing units, a project called Tannery at the Edge of the River. Company co-owner Dona Myers said that three-story building is to be extended upward to four stories.
Together, the existing and new, connected portion are projected to have 129 apartments that Myers expects to be finished well before the end of 2019. In addition to the 129 apartments described above, Myers said Inspired is buying another 94 feet immediately north of the existing property. On the additional land, Inspired plans to construct a building of at least five stories and about 180 apartment units for a total on the entire property of 309 units. “We wanted to be the anchor project for the whole riverfront project,” she said. “So, when you come into (Downtown) Racine on Sixth Street, you’re going to come into the Edge of the River development on both sides.” Read the full article here.