We Energies buying large harbor area project site for environmental cleanup, eventual redevelopment
A bankruptcy judge on Tuesday approved the sale of the 47-acre former Milwaukee Solvay Coke Co. site, 311 E. Greenfield. The site is primarily south of E. Greenfield Ave., along the Kinnickinnic River and roughly two blocks east of 1st St. Wisconsin Gas LLC, a We Energies affiliate, was the only bidder in the March bankruptcy auction. It submitted a $4 million offer, according to U.S. Bankruptcy Court records for the Chapter 11 filing by Golden Marina Causeway LLC. Golden Marina, an investors group based in Lisle, Ill., bought the property in 2003 with the hope of creating housing, a marina and commercial uses. Those plans didn't materialize.
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