When will Cudahy finally develop the Iceport parcel?

As reported by Sean Ryan of the Business Journal, Cudahy’s plan to develop the parcel associated with the failed Iceport project with a distribution center for Central Storage & Warehouse Company has been dropped. According to Ryan’s report, there’s interest from another developer in developing a mixed-use project at the Iceport site that would include some housing.

What I’m at a loss to understand is why Cudahy has had such a hard time developing a parcel that would seem to me to be ideal for a mixed-use project that included a hotel, given the proximity of our airport to the site. In my opinion a sensible, balanced development on the Iceport site would certainly help to revitalize Cudahy’s “downtown” while hopefully providing a much-needed boost to the city’s tax base – depending on what kinds of incentives the City gave to developers.

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