1409 Velp Avenue Redevelopment
Green Bay
Description
Development Agreement 26-03 commits tax increment reimbursement for redevelopment of the former Velp Avenue property, with percentages adjusted before approval.
Impact summary
Redevelopment moves forward on a long-vacant commercial corridor parcel.
Applicant
- Name
- Velp Locust Investments, LLC
- Address
- 1409 Velp Avenue, Green Bay, WISee this on the map
At a glance
- Hearings
- 2
- Public comments
- 1
- Total mentions
- 2
Last vote · Common Council
Last discussed Jun 16, 2026.
Meeting timeline (2)
Common Council - Jun 16, 2026
The Council signed off on Development Agreement 26-03 for redevelopment of the Velp Avenue parcel.
Redevelopment Authority - Jun 9, 2026
Three 30-unit apartment buildings (90 units total) on a 3.6-acre vacant former greenhouse site, supported by a new TIF district with a 90/75/30 pay-go reimbursement capped at $2 million.
Related issues (1)
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