Mid-America Real Estate-WI, LLC closed out 2022 completing their fourth Shopko sale collaboration with CORTA Development. In addition to Onalaska, Mid-America’s Asset Advisory team assisted CORTA with vacant department store acquisition and redevelopments in Fond du Lac, Sheboygan, and West Bend over the last 18 months, all of which are in various stages of redevelopment.
Back in August, the Onalaska Plan Commission approved to change the zoning, around the former Shopko building, which is part of the East Towne Plaza, from mixed-use community to regional business property. The rezoning allowed for the interior and exterior improvements to the existing structure along with necessary approvals to build new construction for both Ulta and Five Below. Construction of the redevelopment commenced in January and is slated to be completed before the end of the year with the retailers planning holiday season openings.