A rendering of a proposed 175 housing unit and community space project in the former Associated Bank parking lot on N. Monroe Street, downtown Green Bay. (Image courtesy of Three Sixty Real Estate Solutions LLC)
GREEN BAY, WI (WTAQ-WLUK) – The latest proposal for a former Associated Bank parking lot downtown includes 175 housing unit, public art, and what’s described as “activation along the Monroe corridor with incubator offices, tech-driven meeting spaces and community conference spaces.”
The city purchased the lot, 200 N. Monroe St., in 2019, and has been trying to develop the site. A 2019 plan that included a grocery store and 80 housing units didn’t materialize. Neither did a 2021 proposal for a different grocery story and 172 housing units.
The latest plan comes from Three Sixty Real Estate Solutions LLC. It includes a six-story, 148-unit multi-family building along Monroe Avenue, and 27 townhomes along Quincy Street.
The apartments would include 54 studio, 51 one-bedroom, and 43 two-bedroom. The townhomes would be a mix of 1-3 bedrooms. There would be a variety of price points.
“With units available for residents earning 60-120% of the area median income (AMI), The Monroe ensures that a diverse range of individuals and families can access quality housing. This approach not only supports economic diversity but also strengthens the social fabric of the community, allowing people from various backgrounds to live and thrive together,” according to the proposal.
“Residents who live here will enjoy the comfort and privacy of a traditional neighborhood setting within a vibrant urban environment. The Monroe’s townhomes, designed with a single-family home feel, offer an ideal solution for those who desire the space and atmosphere of a suburban home but want to remain close to the cultural and recreational opportunities that downtown Green Bay offers,” the proposal states.
La Crosse-based Three Sixty notes it’s more than housing.
“One percent of the overall project budget will be dedicated to public art, enhancing the site and surrounding areas. Our contribution will be incorporated into the project in a variety of ways, such as a potential mural, artistic bike racks, or via public art displays along Monroe Avenue along with a donation to the Green Bay Public Arts Commission, the submission document states.
If approved, the project could be ready by spring, 2027.
The Redevelopment Authority will consider a six-month planning option for Three Sixty at its 1:30 p.m. meeting Tuesday in room 604 at City Hall, 100 N. Jefferson Street.
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