Dubuque officials endorse brewery redevelopment plans - KWWL - Eastern Iowa Breaking News, Weather, Closings

Dubuque officials endorse brewery redevelopment plans

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Telegraph Herald Telegraph Herald

 DUBUQUE, Iowa (AP) -- The Dubuque City Council is supporting plans to turn a crumbling 120-year-old brewery complex into apartments and retail space.
   The Telegraph Herald reports that City Council members voted unanimously this month to support developer Stephen Emerson's application for state workforce housing tax credits for the project. The program gives tax benefits to developers looking to turn abandoned, empty or dilapidated properties into housing.
   Emerson is president of the architecture and design firm Aspect Inc., which is looking to redevelop the brewery. He purchased the complex for $865,000 in 2017.
   Emerson says he plans to invest $30 million into the project. He says he's already acquired a federal redevelopment grant for the project and is pursuing state and federal historic preservation and new market tax credits.

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