Low Daily Brewery and Taproom eyed for historic building
By Jason Arndt
Editor
A Community Development Investment grant through the Wisconsin Economic Development Corporation could bolster Tim Sullivan’s plan to transform the former Standard Press building into a brewery and taproom.
The CDI grant will cover about $171,000 of the total eligible renovation costs of $685,074, according to the overview submitted by Racine County Economic Development Corporation on behalf of WEDC.
But, before Sullivan can begin his project, the City of Burlington Common Council needs to authorize the city to apply for the grant as well as approving a developer’s agreement at meeting scheduled for Jan. 21.
Laura Million, of RCEDC, said at a Jan. 7 Committee of the Whole meeting the city has secured CDI grants on two other occasions.
The two grants, according to Million, were for Mercantile Hall and the Coffee House at Chestnut and Pine.
As part of the CDI grant, WEDC will distribute funds to the city, which will act as a financial conduit, reimbursing the developer with these proceeds for eligible expenses.
The city will not retain any funds or shoulder costs associated with the project.
“The city will be involved in submitting an annual performance report, but the actual report itself, any audit costs that are associated will be borne by the developer itself,” she said.
Million, who revealed Low Daily LLC as the name of Sullivan’s brewery, said Tim Sullivan and his parents Bob and Patricia began planning to redevelop the property at 700 N. Pine St. about a year ago.
“Low Daily Brewery and Taproom will actually be operated by Tim Sullivan, who is actually a native of Burlington,” she said. “The building is actually owned by his parents, Bob and Pat Sullivan; this property is historic.”
Million indicates the Sullivans plan to incorporate past historic features into the proposed brewery.
“They are actually looking for opportunities to highlight the historic nature of the building and incorporate that into the building itself,” she said.
To read the entire story see the Jan. 16 edition of the Burlington Standard Press.