Redevelopment Authority (RDA)

FY 2024 ANNUAL BUDGET

The Eau Claire Redevelopment Authority (RDA), located at 203 S. Farwell Street, is the lead organization in development projects within designated areas of the City of Eau Claire. Created in 1991, the purpose of the RDA includes the elimination and prevention of substandard, deteriorated, slum and blighted areas or properties and encouragement of urban renewal programs. The RDA is governed by a board consisting of seven commissioners and the city Economic Development Manager, who serves as Executive Director.


The Redevelopment Authority has five districts with current areas of emphasis in the North Barstow Redevelopment Area, Downtown, and the Cannery Redevelopment District.


Objectives:

  • Downtown Revitalization
  • Redevelopment
  • Acquisition/Relocation
  • Demolition
  • Bonding
  • Project Management
  • Partnering

Outputs - Cannery Development Area:

  • Approved the purchase agreement with P & R Companies for mixed use residential: 260 units of housing and 20,000 sf of commercial space.
  • Approval to enter into an MOU with Silver Creek Equity for a 55+ residential facility, 140 units, on The Heights.
  • Approval to enter into an MOU with Moeding Partners for a redevelopment of the Riverside Site.

Outputs - North Barstow Redevelopment Area:

  • The last of the North Barstow Redevelopment District parcels are under contract.
    • Liner site Remnant—Approved purchase with Merge, LLC
    • Block 7 Southern half—Approved purchase with Menomonie Market Food C-op for a new grocery store
    • Block 7 Northern half—Approved purchase with Parkside II LLC for multi-family housing: 115 units

Redevelopment Authority Revenues & Other Financing Sources

Redevelopment Authority Expenditures & Other Financing Uses