City of Beaver Dam Set to Sell Weyco Shoe Factory

(Beaver Dam) The city of Beaver Dam is closing on the sale of the Weyco Shoe Factory property today. Wisconsin Redevelopment will be converting the structure into loft-style apartments. Under the terms of the agreement, the developers are required to incur $1 million dollars in construction costs by December 31, 2010 or they must forfeit $250,000.