Lakeview Hospital hazardous material removal contract approved
The Lakeview Hospital building will soon be no more.
The Beaver Dam Common Council approved on Monday a contract to remove hazardous materials from the structure, 208 LaCrosse St., for $482,844. The winning low bidder, of only two bids, was Dirty Ducts Cleaning and Environmental, Inc. from Madison. The full demolition is expected to top $1 million.
The contract passed the Operations Committee a few months ago. Mayor Becky Glewen said Monday the city is up for a grant to help to pay for the project and held off on bringing the issue before the full council until the grant process moved forward. The city is now in line waiting to see if it will receive the grant.
The move is the next step for a plan to turn the site over for a condo development. Last year, the city starting piecing together a proposal to demolish the old hospital and eventually turn the site over to JCW, a development firm associated with Ben Westra of WDS Construction.
JCW already snapped up two adjacent parcels, one where the historic Silas McClure home is located and one where the Third Street apartment building was before it was destroyed in a fire last spring.
The city owns the third property, where the Lakeview building is, after buying it from Beaver Dam Community Hospitals last year for $225,000. The building sat vacant for years after previous plans for development fell through.
The city created a tax increment financing district in the area as part of the proposal. The TIF district allows the city to borrow money for development incentives on the back of increased property in the future.
The developer is guaranteeing at least $4 million in increase property value with the proposed condo development, which would bring more tax revenue into the city to pay for the city’s costs. Once paid off, the extra revenue would go into local services as it normally would.
Forming a TIF district was seen as the only realistic, cost-efficient way to get the Lakeview Hospital building knocked down. The hospital building, originally built as a wing of a mansion that has since been demolished, became a blight on the neighborhood and both a safety and an aesthetic issue for residents.