SHEBOYGAN, WI (WHBL) - The way has been cleared for construction of an apartment building on South 8th Street in downtown Sheboygan. The city council Monday night agreed to sell the property, which formerly housed a convent and a Tri-Par station, to Smet Investments for $10. The city had purchased the land for $105,000. Alderman Jim Bohren voted against the project, calling it a “sweetheart deal." Director of Planning and Development Chad Pelishek said the 10 dollars is unfortunate, but that was the incentive to get needed housing in the downtown. He said local employers are saying that a lot of young professionals are leaving the community because they can't find housing. Pelishek said there is a lot of interest in moving downtown. The developer is proposing to spend a minimum of 2.5-million to build either a 4-story or 2-story apartment building, depending on the soil composition. Most of the apartments would rent for $850 to $950 per month. Construction will begin in October and take about a year to complete.
In other action, aldermen approved a zone change which would allow for construction of a new CVS Pharmacy at North 14th and Erie Avenue. Attorney Richard Donner appeared before the council and said it will be a 13,000 square foot neighborhood pharmacy similar to the Walgreen's across the street with 24 hour operation with a drive-thru. The site plan for the project still needs the approval of the Plan Commission, which will take it up when it meets next week.