Media Memo: UW System Regents to consider Confluence Project ResolutionOctober 3, 2012
TO: News Editors and Directors
FROM: Mike Rindo, assistant chancellor for facilities and university relations
DATE: Oct. 3, 2012
SUBJECT: UW System Regents to consider Confluence Project resolution
The University of Wisconsin System Board of Regents will consider a Resolution of Guiding Principles for the Development of the Confluence Project at its meeting Oct. 4 and 5 at UW-Stout in Menomonie.
UW-Eau Claire will present information about the project to the Regents Capital Planning and Budget Committee at 1 p.m. Oct. 4 in Room 136A Cedarwood/136B Maplewood of UW-Stout's Memorial Student Union.
The Confluence Project is a public-private partnership that intends to develop a community arts center and mixed-use building at the confluence of the Eau Claire and Chippewa rivers in downtown Eau Claire.
The community arts center would serve the Eau Claire Regional Arts Council and local arts organizations along with music, theater and fine arts programs at UW-Eau Claire. The current estimated cost of the community arts center is $50 million.
The mixed-use building would include retail and office space, parking and an apartment-style residence hall primarily for UW-Eau Claire juniors and seniors. The current estimated cost of the mixed-use building is $33 million.
Partners in the project include Haymarket Concepts LLC, composed of Market & Johnson Inc., Commonweal Development Corp. and Blugold Real Estate LLC, a subsidiary of the UW-Eau Claire Foundation; the Eau Claire Regional Arts Council; and UW-Eau Claire. The city of Eau Claire and Eau Claire County also are potential partners in the development.
For additional information, contact Mike Rindo, UW-Eau Claire assistant chancellor for facilities and university relations, at 715-210-0339.