MILWAUKEE, WI — CG Schmidt recently hosted a groundbreaking at the Historic Racine Horlick Malted Milk Company, featuring remarks from representatives of J. Jeffers, CG Schmidt Construction, the City of Racine, and AG Architecture. The event celebrated the beginning of a mixed and re-adaptive use project that will provide 136 market-rate and affordable residential units in the City of Racine.

With buildings dating back to 1875, the first phase will revamp the original 2100 and 2200 Northwestern Avenue buildings within the historic industrial complex. State and federal historical tax credits will help J. Jeffers to finance the $40-million phase one of the project.

“We are thrilled to partner with J. Jeffers and AG Architects on this unique restoration project," said Dan Chovanec, CG Schmidt Vice President. "The Horlick redevelopment not only gives these historic buildings new life, but revitalizes the local area and provides opportunities to put local residents and economically disadvantaged businesses to work."

Surrounded by aging brick and climbing ivy, several key members of the Historic Horlick redevelopment team broke ground and celebrated the beginning of a revitalization project for the city of Racine.