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History <br />Development Proposals <br />Downtown Market Study <br />EDA commissions market study by LOCi. <br />Findings suggest vertical mixed use is <br />2023 <br />challenging; city should seek connection <br />to lake with redevelopment plans. <br />LaLonde Property <br />Proposal from Ebert Const. for 104 Unit, <br />$35M Apartment on LaLonde received. <br />2024 <br />Developer requests 15 yr.; $2.5 M in TIF. <br />Developer pulls out, siting unreasonable <br />conditions. Land sold to school for gym. <br />Block 5 (Kelly’s) <br />Owners looking to get out of business; own <br />most of the block. Developer working with <br />2025 <br />them to redevelop with mixed use. <br />City routinely has inquiries from multi-family <br />developers regarding this block <br /> <br />