320 East College Avenue (Appleton, Wisconsin): Difference between revisions

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North Shore Bank closed the branch on April 29, 2011, because the number of transactions being made there was declining.<ref>[https://www.newspapers.com/clip/60254442/the-post-crescent/ "BUZZ: Branch closes"], [[Appleton Post-Crescent]], July 27, 2011, page A-11.</ref> The bank sold the building to KTW Investments on November 1, 2013, which in turn sold it to [[Lawrence University]] on December 30 of that year.<ref>[https://www.newspapers.com/clip/60255127/the-post-crescent/ "Lawrence buys former bank building"], [[Appleton Post-Crescent]], January 9, 2014, page A3.</ref> Lawrence purchased the building mostly for the 56 parking spaces on the property, facing [[Johnston Street (Appleton, Wisconsin)|Johnston Street]].<ref name=2018-buzz/><ref>[https://blogs.lawrence.edu/news/2014/01/lawrence-purchases-former-bank-building-in-downtown-appleton.html "Lawrence Purchases Former Bank Building in Downtown Appleton"], [[Lawrence University]] press release, January 8, 2014.</ref> In February 2014, the university allowed local charities to use the building as a donation center benefiting refugees immigrating to Appleton.<ref>[https://www.newspapers.com/clip/60255571/the-post-crescent/ "Collection of donations for refugees begins Saturday"], [[Appleton Post-Crescent]], February 18, 2014, page A4.</ref> The donation center operated for six months, after which Lawrence began using the building as storage space. In 2018, the university sought plans for demolishing the building and reusing the property, describing it as being in "tear-down condition" and "a challenge to redevelop."<ref name=2018-buzz>[https://www.newspapers.com/clip/60257035/the-post-crescent/ "The Buzz: Coming: Site gets do-over"], [[Appleton Post-Crescent]], April 1, 2018, page D1.</ref>
 
Tadych Investment Partners offered to purchasepurchased the property from Lawrence, and proposed a six-story apartment building with street-level commercial space, to begin construction in early 2020 and open to tenants in early 2021.<ref>Behnke, Duke. [https://www.newspapers.com/clip/60257382/the-post-crescent/ "Housing developers asking for assistance"], [[Appleton Post-Crescent]], May 22, 2019, front page and [https://www.newspapers.com/clip/60257353/ page 14A].</ref><ref>Evansen, Paul. [https://www.wearegreenbay.com/news/local-news/two-new-multi-million-dollar-developments-planned-for-downtown-appleton/ "Two New Multi-Million Dollar Developments planned for downtown Appleton"], wearegreenbay.com, June 5, 2019.</ref>
 
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