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Papers Signed To Sell Former Theater To Commonwealth

04-Aug-2014

Papers have been signed for the sale of the former Retlaw Theater building at 23 south Main Street and also the adjacent property at 17 to 19 Main Street to Commonwealth Companies.  

 

Commonwealth President Louie Lange says Commonwealth did in fact purchase the Retlaw Theater as of last Friday.  The theater building along with 17-19 South Main Street will be renovated into office and retail space on the first floor, luxury market rate apartments on the second floor and the third floor will continue to be occupied by Wempner’s Dance Studio if they choose to remain under their lease terms.  The projected cost of the historic façade restoration and building redevelopment, which will include the demolition of the vacant and dilapidated theater spaces to allow for parking and window/door openings on the Eastern façade, is currently estimated to be $2,440,000.  A $400,000 grant from the WEDC was received to support the project as described.  Construction is to begin shortly and Commonwealth is very thankful for all of the support it has received and continues to receive for this extremely important downtown project.”

 

Once renovated, the downtown Fond du Lac property will house office space for Commonwealth and also create luxury market rate apartments.  The backend of the former theater will be torn down and replaced by a parking lot. 

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