July 03, 2018 05:53 PM
For nearly 20 years, the site where the St. Croix Meadows dog track sits has sat abandoned. And for 16 years of that time, David Miller has had to drive by the decaying property.
"Been sitting here a long time waiting for something to happen there and it's going to be an interesting development with baseball and businesses," he said.
Miller and his neighbors have had their wishes come true. Tuesday it was announced developer Klint Klass has an estimated $200 million mixed-use project moving in.
"Knowing the desire for this area to get developed was a driving force. We knew we would have the support of the city and the state and obviously it's a beautiful property that has been vacant for far too long," Klass said.
He says he was looking on both sides of the river for a home for his development. The project features include a hotel with a conference center, corporate office space, technology and research facilities, restaurant, indoor sports complex and condominiums. There will also be a baseball stadium that will be the home of the St. Croix River Hounds, a team in the Northwoods League that will begin play in 2019.
"This property has been generating about $25,000 a year in tax revenue. When we're completed it'll probably be anywhere from $175 million to $200 million development that will probably generate anywhere from 2 to 3 million dollars of tax revenue for the City of Hudson," Klass said.
Wisconsin's Governor Scott Walker threw in an additional $500,000 grant to help with demolition.
Updated: July 03, 2018 05:53 PM
Created: July 03, 2018 03:46 PM
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