TID No. 33 — 725 Lake Avenue (former YMCA site)
Description
A $30.8 million lakefront TID created with no developer in place, intended to attract proposals for the former YMCA site the city bought for $12,500.
Impact summary
The site is clean and ready, but without a TID in place any future developer gap financing would face delays.
Applicant
- Name
- City of Racine / Mayor Cory Mason
- Address
- 725 Lake Avenue, Racine, WISee this on the map
At a glance
- Hearings
- 2
- Public comments
- 0
- Total mentions
- 2
Last vote · Common Council
Last discussed May 19, 2026.
Meeting timeline (2)
Common Council — May 19, 2026
A $30.8 million lakefront TID created with no developer in place, intended to attract proposals for the former YMCA site the city bought for $12,500.
Finance and Personnel Committee Or immediately following the CDBG Advisory Board. — May 11, 2026
A new TID for the cleared former YMCA lakefront site. No developer is lined up yet — an RFP is being prepared — and Council President Jorgensen pressed on why the city keeps creating TIDs without developers attached.
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