Multifamily O Indiana

Valparaiso studying proposals for long-empty manufacturing complex

Valparaiso studying proposals for long-empty plant,ph01

The City of Valparaiso, Indiana, is looking for a developer to turn a long-abandoned windshield-wiper manufacturing plant into a mixed-use development featuring retail, office and residential uses and a transportation center.

According to the Chicago Tribune, the Valparaiso Redevelopment Commission has received three proposals for the property, from developers Flaherty and Collins Properties, Envoy and Holladay Properties.

The redevelopment commission will make its recommendations during its May 10 meeting, the Chicago Tribune reported.

The redevelopment commission purchased the former home of Anco out of receivership in April of last year, paying $175,000. The property includes seven buildings totaling 130,000 square feet. The commission acuired seven homes on the property, too.

Anco, which made windshield wipers, moved out of the property in the 1960s. The redevelopment commission, after buying the property, cleaned it up to make it marketable to developers.