Photos of the land now and renderings of the development show how the area would change.
Photos of the land now and renderings of the development show how the area would change. Back to the full article.
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Outdoor fire pits? Like just in the open as if it were a park? Seriously? How can that possibly be on the table? Who assumes liability for that? I can’t imagine the state signing up for that…
I’m still waiting for every business owner outside that blue perimeter to cry foul and fight anything beyond the building that the games will be played in. Are everyone’s memories so short that they forget the proposed “investment” from the state/county/city is even worse than the TIFs proposed for “The Brewery” makeover of the Pabst property oh-so-not-long-ago?
The secrecy over the actual plans for this thing and the attached “entertainment district” are even more maddening that building the arena in the first place.
I read comments like Richs and just shake my head and wonder if he is joking.
“I’m still waiting for every business owner outside that blue perimeter to cry foul and fight anything beyond the building that the games will be played in”
I know two owners of local establishments who are beyond excited for this to get built. See, Rich, more people=more business. Interesting concept, I know. Next
“Are everyone’s memories so short that they forget the proposed “investment” from the state/county/city is even worse than the TIFs proposed for “The Brewery” makeover of the Pabst property oh-so-not-long-ago?”
Oh ok, because these are the exact same things so we can compare apples to apples. But I appreciate the attempt at a talking point. Next
“The secrecy over the actual plans for this thing and the attached “entertainment district” are even more maddening that building the arena in the first place.”
What secrecy? Did you expect these negotiations to be in your living room? They aren’t releasing anything yet because there isn’t anything yet. Makes sense no? Next
“Outdoor fire pits? Like just in the open as if it were a park? Seriously?”
Anytime there is a billion dollar project and the opposition is screaming about one hundred dollar fire pits, you know they are simply grasping at straws.
That’s great! It just better not all be exempt from property tax. The Bucks are important to the City but not important enough to forgo all future property tax revenue from that entire area.
Though secretive about details, the Bucks prez (Feigin) has said they want to be as “opportunistic” as possible with as as big a footprint as they can get. More ways to get their revenue-share skim. Bruce M.’s report shows how the state’s plan could make every bit of “ancillary arena development” part of the state-owned “Arena District.” That includes the entire entertainment complex, a practice facility, you name it (w/ or w/o trendy fire pits).
While more sports bars/nightclubs could be fun for some, why should a state-owned entity build and run them? Even with a completely donated arena, the Bradley Center is now $20 M in the hole. State has pumped $10M into BC in past 5 years, and has zeroed out funding for state parks, slashing UW budgets, etc. If arenas are money pits, a nightclub district will be a money sinkhole (and eventual white elephant).
Let’s see the fine print on this “billion-dollar” project. The public could well foot most of the bill, get stuck with all the upkeep, and forgo all property tax on what could be 40-50 acres of Bucks World (less than Miller Park’s 85 acres, but still…)
I say let Free Market Capitalism build nightlife districts!
Do we know if the developments outside of the actual arena are going to be tax exempt? Are we sure that everything inside the “Sports Entertainment District” is tax free?
David, that sounds like a Q for Don Walker of the JS?
City officials have said they can’t do much of a TIF because there won’t be any way to collect property taxes on any of this. It sounds like they hope there might be some private development on the far fringes, or if BC site is redeveloped.
Bradley Center may someday be razed, but not as part of this plan. Someone will have to pay demo costs. That sq. block includes BC’s existing parking structure. Tearing that down will mean building another garage. Another huge cost.
Bucks press release defines new arena site from State to McKinley, and from 4th to 6th. MKE Mag reported they also want to get parcels on 3rd St (Ugly’s etc.) under the umbrella. It would be superb if this were private development. As is, triple the footprint. Triple the money pit. The public now owes $20M on an arena it got for free. Do the math, any math, please…
I’m a basketball fanatic, long time bucks fan, and honestly I would rather that these carpetbaggers move the team then squeeze all this money out of the city.
WOW, the Bucks owners want this city/county/state to lay out all this money for them to build this playgound then they turn around and say they eventually want to build a hotel,residential,business area on top of this? We then get to pay for that too because you know this mayor & county exec with give them the key to the city and the “free” tax rolls. If they have all this money to “build” this city, let them pay for their own playground instead of us who will never use these facilities.
as I remember the Milwaukee Art Museum build the Calavatra addition without a single penny from the Public/State funds-it was entirely paid for by the generous benefactors—why cant the Milwaukee Sports crowd also pay for their entertainment palace–seems that Peggy Bradley Pettit paid for the Bradley Center completely free of public funds some $300 million plus wasn’t it–
The Bradley Center cost $90 million and was fully donated by the Bradley Family. The project received free land and some infrastructure support, and the city built the parking/commercial structure on 4th Street between Juneau and Highland for about $25 million, at the donor’s request, to help provide sufficient parking. The arena was then donated to the state to manage.
Just plain corporate welfare. See the article in Sunday’s MJS about the Kansas city arena that eats up $15million in taxpayers money every year because the project is not self supporting. Let the Bucks move out of Milwaukee. If this is built, I see a lot of politicians loosing their jobs. People are adamantly against it throughout the state. The jock tax they will be using will be taking more money out of the general fund from schools, transportation, the university system, the elderly and disabled.