Movin' Out extends successful model to Platteville, WI
Movin’ Out is partnering with co-developer General Capital Group, managed care organization, Inclusa, and adult supported living service provider, Community Living Connections, to extend our successful model for community integrated independent living to Platteville, WI. Ruxton Apartments will offer inclusive, affordable, high-quality rental homes that enable the autonomy and dignity of all residents, regardless of income or ability.
Telegraph Herald: New $14 million development to anchor Platteville’s west end
“City and state officials gathered in Platteville on Tuesday (July 10, 2018) to mark the ceremonial groundbreaking of the $14.1 million residential and commercial development project.
Economic development leaders hope the new complex, which will feature 71 apartment units and 5,300 square feet of commercial space, will bookend the Main Street district and increase traffic to local businesses.
“With this monumental development here … it will bring in a concentration of people within walking distance of restaurants, stores, theater and the grocery store across the street,” said Platteville Main Street Executive Director Jack Luedtke. “They will really not have to travel very far to deal with the basic necessities.”
The building, known as Ruxton for an automobile manufactured in Wisconsin in the mid-1900s, is located between South Oak, Water and East Pine streets, near the former Pioneer Ford dealership.
Construction began June 1 and is expected to conclude in May, according to Steve Bain, field superintendent with North Track Construction, of Fox Point.
MAIN STREET DEVELOPMENT
Barb LaMue, Wisconsin Economic Development Corp. vice president, attended the groundbreaking, which coincided with the second annual Wisconsin Main Street Day. The occasion highlights the importance of downtown business districts.
“One of the great projects that will help in the revitalization of the downtown area is the renovation of the old Pioneer Ford site,” she said.
Platteville Common Council President Eileen Nickels described the development as the city’s east-side “anchor” that “we have been looking for.”
Ruxton’s construction follows extensive development on the west end of Main Street, where a new public library and Holiday Inn Express were unveiled within the past year.
“You have seen property owners and business owners invest again and again in those properties because they see exciting things are happening here,” Nickels said.
Ruxton will be linked to the existing Pioneer Ford building. Its design incorporates the building’s industrial look.
Upon completion, the developer, General Capital Group, of Milwaukee, will own the property and buildings.
It is funding the project through a combination of developer funds, tax credits and city assistance. General Capital Group partner Sig Strautmanis could not be reached for comment.
Sixty of the complex’s 71 units will be reserved for people who make 60 percent or less of the area’s median income, according to Kathryne Auerback, executive director of Movin’ Out. The Madison-based company promotes affordable housing for people with disabilities and partnered with General Capital on the Ruxton project. [Of these, 15 apartment units will be set aside as supportive units for households that include a member with a permanent disability.]
Mark Ihm, a Main Street property owner, anticipates that the quality of the new housing will motivate Platteville landlords to improve their units.”