| Note: this article appeared in "the Point," a weekly news letter distributed to employees of Alliant Energy and its subsidaries. |
| City officials and residents gathered on May 16 for a luncheon and mid-construction tour in Reedsburg, Wis., at the site of the former Reedsburg Municipal Hospital. The event, hosted by Heartland Properties, Inc. (HPI), a subsidiary of Alliant Energy Resources, served as a construction update and official observance of National Historic Preservation Week, May 12-18. |
| "National Historic Preservation Week was the perfect time to celebrate the progress of the Reedsburg Municipal Hospital renovation," said Russ Kaney, housing investments director-HPI. "We're creating affordable, high-quality apartments that will satisfy the housing needs of seniors while maintaining the historic beauty of the neighborhood." |
| The former hospital, located at 547 North Park St., will be called Park Street Senior Homes. The three-story brick building will feature 24 apartment homes for seniors age 55 and older. |
| The renovation is expected to cost $3.1 million, with completion expected by year-end 2002. Heartland Properties is providing $2 million in financial support for the development. The Wisconsin Housing and Economic Development Authority, the city of Reedsburg and John Deere Financial Services are providing additional financial support. |
| Brian Hood, wholesale account manager-Energy Sales and Marketing, said the renovation will bring much needed affordable housing to the area. "This is a clear illustration of Alliant Energy's ongoing commitment to the revitalization of communities of all sizes. Park Street Senior Homes will be a place people are proud to call home," he said. |
