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The Redevelopment Plan describes a vision for the area: "Ten years from now the area of the downtown where the Military Ridge Trail crosses Main Street is considered the hub of Verona. At this juncture, residents can mingle with visitors, visit a farmer's market, have coffee or dinner on an open air patio, be entertained by jugglers, see a puppet show or participate in a winter ice carving contest.
The City, through a Request for Proposal process, selected The Alexander Company to redevelop the site as a mixed-use residential and retail project. The City Council approved a plan in 2002 for 26 condominiums along the bike trail, and 8,000 square feet of retail space fronting Main Street. Approval of the project also required a variance from the Wisconsin Department of Natural Resources from their standard requirements that buildings be set-back 75-feet from the trail. Dane County awarded a loan of $125,000 through it's Commercial Revitalization Loan Fund (funded by CDBG) for development of the retail portion of the project. At the ground breaking for the redevelopment, Mayor Volker said, "It has been our vision for a long time to do something in our downtown, to revitalize it. This project goes a long way in helping us with our vision, and it's great to see it come to fruition." Dane County Executive Kathleen Falk, who also attended the groundbreaking, added, "This project is real mixed-use, a balance between retail/commercial and housing. It is something that people will invest in and really love." (Source: "Rail District Project Steams Ahead: 'Shops on Main' Set for Verona," The Capital Times, July 15, 2003, by Bill Novak.)
The City of Verona further increased their investment in the downtown area by locating a new Senior Center about
one block from the redevelopment site. The new Center is connected to the redevelopment by the Bike Trail. Dane
County awarded a CDBG grant of $115,000 towards the construction of the Senior Center. |
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