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Buyer sees new life
Plans for Water
St. site include housing, restaurants, shops
By TOM DAYKIN
Posted: July 2, 2007
The former Gallun tannery,
overlooking the Milwaukee River north of downtown, is being
sold to a Denver firm that specializes in redeveloping
former industrial properties into housing and other new
Tanesay Development LLC has agreed
to buy the property, which covers nearly 6 acres along the
west side of N. Water St., north of E. Pearson St. The firm
has until May 2008 to complete its purchase, said Mark
Geall, a Tanesay principal.
Tanesay is working with Engberg
Anderson Design Partnership Inc. to create a plan for the
site, Geall said Monday. He said it will likely be a mix of
housing, restaurants, shops and office space.
The development, which Tanesay has
named Gallun Gardens, will attempt to use the existing
former tannery buildings, Geall said. But redeveloping those
structures, which would include making them energy
efficient, might prove to be unfeasible, he said.
A portion of the complex was razed
about two years ago.
Tanesay also will design the
development to provide public access to the river, including
the possible extension of Cass and Hamilton streets across
Water St., Geall said.
Geall said he didn't know how many
housing units the site might accommodate. He wants Gallun
Gardens to include a lot of green space.
Tentative plans from 2004 called for
250 to 300 condominiums on the site. Those plans were
floated by another development firm and were disclosed by
Siegel-Gallagher Inc., the site's property manager. The
development firm at that time was not identified.
More recently, Tanesay became aware
of the Gallun property through Mark Ernst, an Engberg
Anderson partner who's working on a Tanesay project in
The Appleton project, known as
RiverHeath, was announced in May. Tanesay plans to develop
housing, shops and offices on a 15-acre former paper mill
site along the Fox River. RiverHeath's first phase calls for
75 to 80 condos and 40,000 square feet of retail space,
Geall grew up in Appleton and
Neenah. He was a lawyer at the Environmental Protection
Agency's Chicago office for seven years, where he worked on
the cleanup and redevelopment of contaminated sites.
After leaving the EPA, Geall worked
for Brownfield Capital, a private equity firm in Denver that
provides funding for the redevelopment of contaminated
sites. He and partner Andrew Bermingham launched Tanesay
nine months ago.
The former A.F. Gallun & Sons Co.
tannery complex, which is owned by the Gallun family, shut
down in 1993. The tannery's former offices, at 1818 N. Water
St., were developed into 31 apartments. Those apartments
were upgraded and converted to condos in 2005.
The former tannery buildings, which
are across Water St. from the former tannery office, have
been a dead spot within an otherwise hot development area.
New Land Enterprises has developed
condos north of the former tannery, including the 117-unit
Riverbridge, 1915 N. Water St., and the 53-unit Highbridge,
1888 N. Water St.
Also, the old Five and Ten Tavern
building, 1850 N. Water St., was sold this year to an
investors group led by Cliff McDonald, who operates Brocach,
an Irish pub and restaurant in Madison. McDonald plans to
open a Brocach restaurant at the Water St. building by late
Nearby restaurants that have opened
within the year include Good Life, a Caribbean restaurant,
1935 N. Water St.; and Bayou, a Cajun restaurant, 2060 N.