Beaver Dam Seeking Grant To Help With Lakeview Hospital Demolition

(Beaver Dam) City officials in Beaver Dam are hoping to secure state grant funding to help with the demolition of the former Lakeview Hospital. The old La Crosse Street structure and two adjacent properties – the former Executive Apartments and a lake front house – are being developed into high-end, lakefront condominiums. The city purchased the shuttered building from the Beaver Dam Community Hospital in October for $225-thousand dollars and sold the property to a developer for one dollar. The city is also paying for the costs of demolition, estimated at $1.2-million dollars. The common council Monday night approved the submission of an application for an Idle Sites grant with the Wisconsin Economic Development Corporation. If approved, the grant would pay $300-thousand dollars of the demolition costs. The remaining demolition costs are being paid for with revenue generated though the new TIF #9. The new condo development from WDS Construction of Beaver Dam is expected to add $4-million dollars to the tax rolls.