By WisBusiness Staff
The La Crosse Common Council approved an agreement Thursday that will allow Logistics Health Inc. to build a second building near the Mississippi River.
Construction on the estimated $12 million, six-story building is expected to start this summer. The development agreement is between the city and Riverside Center II LLC, owned by LHI CEO Don Weber. LHI opened its headquarters last summer in the $14 million existing building at 328 Front St.
The city will sell the land south of the existing building to Riverside Center for $1, with the stipulation that a development worth at least $8 million must be done on the site by Oct. 1, 2008.
Council members Jim Bloedorn, Bruce Ranis and Bernard Maney voted against the agreement, after a motion made by Bloedorn to delay the agreement to the May council cycle failed, 11-6.
Council members received an updated version of the agreement just before Thursday’s special council meetings, Bloedorn said, and he thought they should have time to look it over. He also wondered why a parking ramp wasn’t being built first as previously discussed.