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Packers' Lyndahl property acquisition is its first foray into Green Bay proper

Richard Ryman
Green Bay Press-Gazette

GREEN BAY – The acquisition of the Lyndahl Funeral Home property by the Green Bay Packers increases the team's real estate holdings to more than 76 acres and marks the first time it has purchased property in the city of Green Bay.

The Packers, under the name Lombardi Ridge Partners, bought two adjoining lots at 1350 Lombardi Ave. and 1866 St. Agnes Drive, for $2.65 million.

The property is north of Lombardi Avenue, across from Titletown District, on the northwest corner of Lombardi Avenue and South Ridge Road.

The Packers have no immediate need or plans for the property, said Aaron Popkey, the team's director of public affairs.

"It made sense from the long-term perspective to make the purchase given its proximity to Titletown, and it was available," he said.

Lyndahl Funeral Home, the seller, now has a multiple-year lease to continue at the site.

"The plan is for them to continue into the foreseeable future," Popkey said.

A large part of the property is open and used for game-day parking.

Lombardi Ridge Partners is a partnership between the Packers and Commercial Horizons Inc., a Green Bay development company. They also are partners in the development of an office building under construction in the Titletown District.

The Packers own the Titletown District, west of Lambeau Field, as well as land south of the stadium and along the north side of Mike McCarthy Way.

The Green Bay Packers, in partnership with Commercial Horizons, bought the Lyndahl Funeral Home property on Lombardi Avenue. Lyndahl has a lease to keep operating at the site.

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The Packers and various partners have invested $62.65 million in land purchases, most of them since 2006. 

The Lyndahl purchase is the sixth-most expensive acquisition. The most expensive, at $10.67 million, was the acquisition of the former Kmart property, which is now part of the Titletown District. The team also paid $8.5 million for the land where Cabela's is located, west of the Titletown District. 

The Packers do not own Lambeau Field or their practice facilities. Lambeau Field is owned by the city of Green Bay and Green Bay-Brown County Professional Football Stadium District. The county owns the practice facility land, which includes the Don Hutson Center, Clarke Hinkle Field and Ray Nitschke Field.

Contact Richard Ryman at (920) 431-8342 or rryman@gannett.com. Follow him on Twitter at @RichRymanPG, on Instagram at  @rrymanPG or  on Facebook at www.facebook.com/RichardRymanPG/