New Life For The Old Shopko Building In FDL?
There could be new life breathed into the former Shopko building on Johnson St. in Fond du Lac. Fond du Lac City Council is set to meet Wednesday night, and included on the agenda is discussion regarding Resolution 8923. specifically authorizing a Development Agreement with Netstreit Corporation, based in Dallas, TX. to redevelop the property that originally was home to Shopko. Community Development Director Dyann Benson told KFIZ News that Hobby Lobby has signed a 10-year lease on the proposed site, but no other tenants have yet been made known.
According to their corporate website, Netstreit acquires, owns, and manages a diversified portfolio of single-tenant net lease retail properties with high-credit-quality tenants across the United States. NetStreit currently has properties in 37 states, including 8 properties in Wisconsin.
Benson will present the complete details at the Council meeting.