Real Estate
Mandel Group Receives $24 million of WHEDA financing for The North End Phase II (Renderings)
WHEDA announced today that Mandel Group Inc. will receive a $24.1 in financing to support the development of the second phase of The North End.
Dec 2nd, 2010 by Dave ReidGreen Development Planned for S. 2nd Street
Kaufmann LeSage, led by Juli Kaufmann, plans to develop a four-story 30,000 square foot environmentally-friendly commercial building, located at 538 S. 2nd Street in the Historic Walker's Point Neighborhood. The project, known as the Milwaukee Fix,will take green development to the next level, going beyond LEED standards.
Nov 26th, 2010 by Dave ReidCity Committee Approves Financing Agreement for Summerfest South End Project (Renderings)
Earlier this week the Zoning, Neighborhoods & Development Committee recommended the approval of a Redevelopment Authority of the City of Milwaukee financing agreement with Milwaukee World Festival, Inc.
Nov 19th, 2010 by Dave ReidMilwaukee Apartment Update
What apartment projects are currently proposed, under construction, or have recently opened in Milwaukee? A little over a year ago we did a similar exercise, so it will be good to take a look and see what has changed in the past year.
Nov 18th, 2010 by Jeramey JanneneMercy Housing Lakefront Presents Updated Design to East Side Residents (Renderings)
At last night's East Side town hall meeting Mercy Housing Lakefront presented a further refined design for an $8.5 million apartment building to be constructed at the corner of N. Farwell Ave. and Thomas St. on Milwaukee's East Side.
Nov 17th, 2010 by Dave ReidHistoric Preservation Commission sets December 13th Public Hearing for the Marriott Proposal
A large crowd turned out, at a commission meeting to speak about a request for a Certificate of Appropriateness to demolish buildings located at 319-327 East Wisconsin Ave., and 625-631 North Milwaukee St.
Nov 16th, 2010 by Dave ReidIs Milwaukee Ready for an Aerotropolis? (What’s an Aerotropolis)?
Tom Rave, Executive Director of The Gateway To Milwaukee, will talk about the evolution of The Gateway and its role in leading the exploration and development of a new type of urban development called an “aerotropolis”. An aerotropolis reflects the interaction of airport-centered commerce, real-estate development and multi-modal transportation shaped by contemporary financial, marketing and strategic management processes. The Gateway To Milwaukee is the brand name for an area around General Mitchell International Airport plus for three organizations, the lead one of which is the Airport Gateway Business Association (AGBA). Mr. Rave has been the Executive Director of AGBA since May, 2008 and was a director for the prior nine months. The other two organizations are Airport Gateway Business Improvement District #40 in Milwaukee and Milwaukee Gateway Aerotropolis Corporation, both of which are managed by AGBA. The Gateway’s role is to improve the vitality in the aerotropolis footprint by actively impacting government direction, enhancing the area through security and beautification, marketing the area for economic development and creating mutually beneficial networking opportunities for businesses in The Gateway. Mr. Rave’s previous career for 38 years in Milwaukee was with three banking companies, First Wisconsin/Firstar Banks, Norwest/Wells Fargo Banks and Tri City National Bank. Most of the assignments having were as an account officer and division head/manager in commercial banking, including one stint resolving “problem loans” to troubled organizations. Other functions during those years included training young bankers, private banking, business development for senior and subordinated debt in leveraged transactions, managing cash management and payroll processing businesses, systems development as a user, marketing and strategic planning. The education of Mr. Rave resulted in an MBA from University of Wisconsin – Whitewater in 1980, a BS with psychology as a major from Xavier University in Cincinnati, OH in 1967 and advanced studies in clinical psychology at the University of Florida and Loyola University in Chicago. Related current involvements of Mr. Rave are: Steering Committee chair of the Coalition for Advancing Transit in Southeast Wisconsin Participant and Milwaukee Mark Subcommittee chair on the Milwaukee Image & Perception Task Force Ex officio director of Greater Milwaukee Hotel & Lodging Association Location: UWM Campus AUP 345
Nov 14th, 2010 by Dave ReidA Mixed-Use Library to Replace the East Library?
Alderman Nik Kovac, whose district includes the East Library on 1910 E. North Avenue, held a public meeting on November 11th to solicit feedback on the proposal of converting the one-story, single-use library into a mixed-use building.The meeting, which was held at the East Library meeting room, attracted a standing-room only crowd, and included representatives from the Library Board (of which Kovac is a member), the Department of City Development, and the Mayor's office
Nov 14th, 2010 by Jeramey JanneneMarriott Proposal to Go Before Historic Preservation Commission on Monday (Renderings)
Wave Development, LLC is seeking a Certificate of Appropriateness to demolish the buildings located at 319-327 East Wisconsin Ave., and 625-631 North Milwaukee St. to construct a Marriott Hotel. This request will be taken up at the November 15th, 2010 meeting of the Historic Preservation Commission.
Nov 12th, 2010 by Dave Reid$12 Million Mixed-Use Building Proposed in Bay View
HKS Holdings, LLC is proposing a $12 million 5-story mixed-use building, which would be located on the southeast corner of Kinnickinnic Ave. and Conway St. in Bay View.
Nov 11th, 2010 by Dave ReidMSOE Proposes Parking Garage with Athletic Field in the Park East (Renderings)
Milwaukee School of Engineering is proposing the construction of a $30 million, 780-car parking garage, that would have an athletic field on the roof of the building. About 500 of the 780 parking spots would be leased to business and the general public, generating taxable revenue for MSOE.
Nov 10th, 2010 by Dave ReidGrowing Power is Going Vertical (Renderings)
Will Allen, who has made Growing Power into a nationally-recognized organization is attempting to take the urban farming movement to the next level with his vertical farm proposal.
Nov 8th, 2010 by Dave Reid