Michigan firm buys former Clearwater paper mill site, plans to build apartments

0

FOX CROSSING, Wis. (WBAY) – A Menominee, Michigan-based company says it has purchased the former Clearwater Paper Company site at Fox Crossing and plans to turn part of the site into apartments.

According to KK Integrated Logistics, the purchase includes a 1.2 million square foot factory site on the east side of Lake Street and a 250,000 square foot warehouse on the west side of Lake Street.

The company plans to convert a six-storey section of the factory into apartments overlooking the small Butte des Morts lake, after a feasibility study was carried out. The plan, for now, includes indoor parking and outdoor rooftop space. The rest of the site could be converted into a warehouse once the plant equipment is removed and should be ready later this year.

The west side warehouse is being renovated for Trilliant Food & Nutrition, which will move into the building in April.

The private company did not say how much it paid for the property, but said financing was provided by Community First Credit Union.

Although Clearwater Paper Company called this its Neenah plant, the facility is physically located in Fox Crossing. It closed last year after the owner decided to retire from the home-based tissue business.

KK Integrated Logistics purchased the former Shopko distribution center in De Pere two years ago and renovated the 500,000 square foot building. The company says it’s now fully let with five tenants.

Copyright 2022 WBAY. All rights reserved.

Share.

Comments are closed.