Thursday, August 6, 2026
Tuesday, April 1, 2025
Common Council to consider expanding Downtown TID project
Holly Gilvary
RACINE — City of Racine Common Council is scheduled to vote Wednesday on enhancing the Hotel Verdant project downtown and providing a $9.7 million loan to developers to do so.
If approved, Developers Dominion 12 LLC, Dominion 14 LLC and AOA Racine LLC would redevelop multiple storefronts and buildings in Downtown Racine in Tax Increment District No. 26, which houses the Hotel Verdant project.
According to city documents, the developers want to create a full-service spa at 512 Main St. and a mixed-use property with one retail and four residential units at 222 Fifth St. They also want to demolish the structure at 401 Wisconsin Ave. to construct a parking lot, with a future phase to include the construction of a four-story, 40-unit, market-rate apartment building at 426 Wisconsin Ave.
In return, the city would provide a $9.7 million loan from TID 26 with an annual interest rate of 3%.
If the developer proceeds with constructing the 40-unit apartment building at 426 Wisconsin Ave. within five years, at close of construction financing of the building, the principal on the loan will be forgiven, city documents say.
The city would transfer $5.7 million from TID 9 (the Johnson Building) and borrow $4 million from from the Board of Commissioners of Public Lands for the loan.
Dominion and AOA Racine agreed to the minimum valuation of $4 million for the apartment buildings if the plan transpires, according to city documents.
If the developer does not begin construction on the building at 426 Wisconsin Ave. prior to the end of the interest-only period on the loan, the loan will be re-amortized and bear an interest rate of 5% due in 2040.
More development on the agenda
The Common Council agenda also includes a request to amend the Regency Mall development plan to allow for a multi-family development and a resolution to reward a construction contract for townhomes for the Lincoln King Development Project.
The council approving the Regency Mall amendment would allow for potential apartment buildings at 5326 Durand Ave.
Hull Property Group LLC has proposed five three-story apartment buildings, including about 266 units, according to city documents.
The resolution involving the Lincoln King Development Project includes awarding a $14 million contract to KGI Construction Group LLC for the construction of 33 townhomes.
Developers would build the townhomes on properties acquired by the Racine Community Development Authority on Wilson, West, Prospect, Frederick and Hamilton streets, according to city documents. Each townhome would include multiple units.
Mayor’s veto
Mayor Cory Mason on March 7 vetoed legislation approved by Common Council at its March 4 meeting that would change the structure of council proceedings.
The veto is on Wednesday’s agenda for the council to either approve or override.
Agenda rescheduled from prior meeting date
All the agenda items involving major development plans and the mayor’s ordinance veto were originally scheduled for the March 18 meeting, but the council failed to reach a quorum and the meeting could not proceed.
Common Council on Wednesday is scheduled to consider all items originally on the March 18 agenda.
The council is scheduled to meet at 6 p.m. Wednesday in Room 205 of Racine City Hall, 730 Washington Ave. A livestream of the meeting will be available on YouTube at https://www.youtube.com/@cityofracine.
I lived in downtown and near it for nearly twenty years. Yes, downtown is nice, but so are hundreds of other downtowns in Wisconsin and thousands in the USA. DRC has drained our takes to the tune of millions of dollars that benefit only DRC members. Fuck downtown. Let the stores there experience the real market, not one subsidized by our tax dollars.
Sunday, April 4, 2021
Racine man charged in Regency Mall burglary
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| Decarion Powell |
RACINE, Wis. - A 23-year-old Racine man has been charged with breaking into Regency Mall on March 29.
Prosecutors say Decarion Powell stole tens of thousands of dollars in property from a jewelry store before being stopped by police inside the mall.
Police were called to Regency Mall around 12:30 a.m. on March 29 after a motion alarm was triggered. When they arrived, officers found smashed glass and saw a man -- later identified as Powell -- exiting a coffee shop.
A criminal complaint states Powell ran when saw the officers in the hallway. Officers gave chase and eventually detained Powell at a pretzel kiosk.
When officers told Powell they were going to start checking stores, the complaint states Powell said he had going into a jewelry store. Police searched Powell and uncovered roughly 200 pieces of jewelry and more than $400 cash. He also had a hammer and screwdriver.
At the jewelry store, police noted Powell appeared to have only targeted locked jewelry cabinets, which seemed to be smashed open with a hammer, according to the complaint.
Police estimated the value of the stolen property to be $40,000. The complaint states Powell caused an estimated $700 in damage to the surveillance system and door of the coffee shop.
Powell is charged with the following seven counts:
- Burglary of a building or dwelling
- Theft of movable property ( > $10,000 - $100,000)
- Possession of burglarious tools
- Criminal damage to property (3 counts)
- Obstructing an officer
A preliminary hearing in the case is scheduled for April 14.
From: : https://www.fox6now.com/news/racine-man-charged-in-regency-mall-burglary
Saturday, March 19, 2016
"Showing some love on National Puppy Day"
MARK FELDMANN mark.feldmann@journaltimes.com 0
"Dogs lovers from all over came to the shopping center Saturday to celebrate National Puppy Day — which is actually March 23 — and perhaps adopt a pet from several animal rescue groups that gathered at the mall’s center court.
"Regency Mall hosts the pet adoption events about six times a year.
"Among the groups represented Saturday were Woof Gang Rescue, Loving Fosters K9 Rescue, Maltese Rescue and Safe Harbor Humane Society.
"The groups take in abused, unhealthy and unwanted pets and try to find loving homes for them.
"'A dog is a constant companion,' said Racine’s Jodie Hoffman, who founded Woof Gang Rescue in 2012. 'A dog will always be excited to see you when you come home.'
"Woof Gang usually gets between 10 and 40 new dogs each month, she said. Potential adopters must fill out an application and have their information reveiwed before they get a pet, she said.
"But the process is worth the payoff, said Shane Rose, a volunteer at Kenosha’s Safe Harbor Humane Society.
"'A pet keeps people company and keeps you active,' Rose said. 'Kids with pets learn responsibility. I think pets benefit everyone.'
"Saturday’s event had an additional heaping of love because of National Puppy Day, founded in 2006 by author and animal lover Colleen Paige.
"'It’s a special day to celebrate the magic and unconditional love that puppies bring to our lives,' Paige said on her website. 'It’s a day to help save orphaned puppies across the globe.'"
Read more: http://journaltimes.com/news/local/showing-some-love-on-national-puppy-day/article_ca3fe22c-ff57-5b40-aefc-06544d03c6c5.html
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