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Press Release State Treasurer Godlewski & Mayor Cory Mason Announce BCPL Approves $5.5 Million for Downtown Hotel Project to Spur Economic Development in Racine   RACINE, Wis. State Treasurer Sarah Godlewski and the City of Racine announce the approval of $5.5 million in financing from the Board of Commissioners of Public Lands (BCPL) for the redevelopment of the historic Zahn’s department store site into a new boutique hotel in the City’s historic downtown. The result of this creative public-private partnership will result in the restoration and renovation of the historic 1925 building into an 80-room hotel in downtown Racine overlapping Monument Square. This unique development will feature a rooftop bar, banquet space, and cafe, along with extensive green building technology and hopes to be the state’s first LEED Platinum Certified hotel. Construction is set to begin in June and will open to the public a year later.

United statesCity of racineCory masonSarah godlewskiChristopher adamsDominion propertiesHotel verdantZahn departmentFund loan programState treasurer sarah godlewskiPublic landsState treasurer sarahMayor coryState trust fund loan programஒன்றுபட்டது மாநிலங்களில்நகரம் ஆஃப் இனம்