A memorandum of understanding (MOU) between the City of Sturgeon Bay and the Milwaukee-based Spoerl Commercial to construct an affordable housing apartment development at North 14th Avenue and Georgia Street was approved Tuesday by the Common Council.Developer Brian Spoerl, who plans to construct three, three-story apartment buildings totaling up to 59 units in two phases, sought the MOU for the first phase, to be known as “The Avenue,” which will consist of 39 units in two buildings on the south end of the site.
Spoerl said the first phase was changed from 38 to 39 units by replacing a three-bedroom unit that had been planned with two, one-bedroom units.
“It’s a benefit to the community to have that extra unit,” he said. “We don’t get that tax credit benefit of that extra unit, so we have to absorb that, but overall it’s a net benefit to the entire project.” ...
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- - Volume: 25 - WEEK: 12 Date: 3/20/2025 2:13:07 PM -