Possible multi-million dollar downtown redevelopment project could spark economic growth in Rhinelander


Possible multi-million dollar downtown redevelopment project could spark economic growth in Rhinelander


An old building in downtown Rhinelander could get new life, but it may take an initial public investment.

A developer wants to renovate the building into retail space on the ground floor with apartments above. It would be part of a project that could generate economic growth in a part of the city that could use it, according to Jim Rosenberg with the Wisconsin Economic Development Corporation.

Most of the details about the development haven`t been revealed at this point on purpose. Rosenberg told Newswatch 12 the developer wants to remain private for now to protect his potential purchase.

"There have been some smaller renovations projects in the downtown, but this project is larger and adds a housing component," Rosenberg said via email. "For that reason, I think it has the potential to be more catalytic."
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- - Volume: 7 - WEEK: 12 Date: 3/21/2019 9:57:27 AM -